index 22) is 6,725.88. During the day, 48 stock prices remain the same and one stock price increases by $3.7. At the end of the day. Your index value is 6749.19. What is the divisor on your index?there is no split during the period) 22) You construct a price-weighted index of 49 stocks. At the beginning of the day, the D) 0.24 A) 49 B) 0.30 C) 1 23) 29 A credit card account that charges interest at the rate of 1.25% per month would have an annually compounded rate ofand an APR of B) 12.68%; 15.00% D) 16.08%, 15.00% A) 14.55%; 16.08% C) 15.00%; 14.5596 24) Jay Coleman just graduated. He plans to work for five years and then leave for the Australian Outback" country. He figures that he can save $3,500 a year for the first three years and $5,000 a year for the next two years. These savings will start one year from now. In addition, his family gave him a $2,500 graduation gift. If he puts the gift, and the future savings when they start, into an account that pays 775% compounded annually, what will his financial-stake" be when he leaves for Australia five years from now? Round off to the nearest $1. A) 536,082 $27,178 D) $30,003 You want to travel to Europe to visit relatives when you graduate from college three years from now. The trip is expected to cost a total of $10,000. Your parents have deposited $5,000 for you in a 25) CD paying 6% interest annually, maturing three years from now. Aunt Hilda has agreed to finance the balance. If you are going to put Aunt Hilda's gift in an investment earning 10% annually over the next three years how much must she deposit now so you can visit your relatives in three years? A) $3,.757 B) $3,345 C) $3,039 D) $3,801