Question

Question 44 Exclusive Jewelers is offering a diamond ring for sale for 36 months at $128 per month. The retail price of the ring is $3,900. What is the interest rate on this offer? 10.5% 11.2% 12.5% 13.1%

Question 49

(5 points) What’s the future value of the initial $200 deposit after 5 years? We assume current interest rate is = 10%, compounded quarterly.

		$215.3
		$322.1
		$327.7
		$333.8

Answer 1