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Gwen had three accounts as listed here. In 2014, how much was her total coverage by the FDIC? Bank A: $295,000 Bank B: $55,000 Bank

Gwen had three accounts as listed here. In 2014, how much was her total coverage by the FDIC?

  • Bank A: $295,000
  • Bank B: $55,000
  • Bank C: $295,000

Multiple Choice

  • $55,000

  • $295,000

  • $555,000

  • $645,000

  • $895,000

What is the APY for a one-year $5,000 certificate of deposit with $825 interest? (Round your answer to 2 decimals.)

Multiple Choice

  • 8.25%

  • 8.26%

  • 10.31%

  • 13.20%

  • 16.50%

What is the APY for a savings account with a $390 balance that receives $16 interest for the year? (Round your answer to 2 decimals.)

Multiple Choice

  • 2.05%

  • 4.10%

  • 4.20%

  • 6.04%

  • 8.00%

Opal earned 15.0% in her savings account. If she is in the 29% tax bracket, what is her after-tax savings rate of return? (Round your answer to 2 decimals.)

Multiple Choice

  • 7.75%

  • 2.90%

  • 10.65%

  • 15.00%

  • 29.00%

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