Which of the following describes an annuity?

• A.Interest that is applied at the end of the period and only on the beginning balance or principle.
• B.An investment that pays on a scheduled basis over a fixed amount of time
• C.What is given up when an investment decision is made

Comment: *

Name: *

Email: *

Verification: *

You have 660 hourly, 420 salaried non-management and 320 salaried management employees. What is the percentage of salaried non-management employees?

• A.47%
• B.45%
• C.23%
• D.30%

Comment: *

Name: *

Email: *

Verification: *

At 10% investment return, what would be in the same employee's account including investment earnings at the end of the year?

• A.2,160
• B.4,400
• C.5,940
• D.8,640

Comment: *

Name: *

Email: *

Verification: *

Suppose you were given the following data for salary grade 007: Min 4,800 Midpoint 6,000 Max 7,200 What is the salary range spread?

• A.40%
• B.35%
• C.37.5%
• D.50%

Comment: *

Name: *

Email: *

Verification: *

You need 15,000 in two years in order to take that long-awaited and much deserved vacation of your dreams.
You can earn 12% interest, compounded quarterly from your credit union. How much money do you need to set aside now?

• A.11,957.91
• B.11,841.14
• C.10,058.25
• D.12,802.36

Comment: *

Name: *

Email: *

Verification: *