TEMPORARY INVESTMENTS Business Application 2 Number Very often businesses and individuals invest earnings of Shares Name of Stock Unit Cost Total and savings in stocks and bonds. These are often temporary investments because they can be sold at 125 Bell Motors Corporation $53.87- 6,734.38 L any time. Stock prices are quoted to the nearest eighth of a dollar. Bonds are also quoted as fractional 150 General Container Corp. $36.62- 36. amounts. See Lesson 26 for examples of stock prices 225 Business Machines Company $57.375 37. and Lesson 27 for examples of bond prices. 1,250 A. P. Electronics Inc. $15.125 38. Extend the total cost of each investment listed to the 133 Pollution Controls Inc. $12.875 39. right. Change fractions to decimals. Multiply the num- ber of shares or bonds by the unit cost. Set the 317 Rogers Restaurant Corp. $13.627 40. Decimal Point Selector at two. Check Problems L and M. Estimate and work Problems 36 through 45. Record Number your answers on the Answer Tab for Lesson 13. of Bonds Issued by Unit Cost Total After you complete Lesson 13, check with your U.S. government $1,000.93 7,006.56 M. instructor about taking Progress Test 6 on pages 228 3 U.S. government $ 999.96 41. and 229. 5 U.S. government $ 984.37- 42. 6 U.S. government $ 807.65 43. 3 U.S. government $1,024.68 44. LD U.S. government $ 992.81- 45. LESSON 13 . 89Fractions Decimals Percents FRACTION, DECIMAL, AND PERCENT REVIEW 33333 H. 334 96 P Demonstration Problem J. 625 62.546 K. The fraction Ty is equal to what decimal and what 46. 47. percent? 48 49. 1 + 12 = .08333 50. 51. 66-40 12 = 8.3339% or 8,46 52. 875 53. Check Problems H through K. Fill in the missing 54. 55. 37-96 blanks, indicating the equivalent fraction, decimal, or percent. Record your answers for Problems 46 56. 57. through 67 on the Answer Tab for Lesson 14. (Carry decimals to five places.) 58 59. 60. 61. 62. 63. 64. 65. 66. Communication What is the shortcut method for changing a decimal to a percent? 67. Communication What is the shortcut method for changing a percent to a decimal? LESSON 14 . 93