Question
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
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$55,000
-
$295,000
-
$555,000
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$645,000
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$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
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8.25%
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8.26%
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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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