1) The Consumer Price Index (CPI) for 2006 was 2.5. In other words, the cost of living went up 2.5% from
2005 to 2006. If someone earned $45,000 in 2005, how much should they heave earned in 2006 to keep up
with the increase?
A)$42,500
B)$43,875
C)$46,125
D)$56,250
2) find the simple interest on a $2000 loan that is borrowed for 3 years an annual interest rate of 7 1/2%.
A)$45
B)$300
C)$150
D)$450
3) calcium represents 3/200 of an average person’s weight.Express this fraction as a percent.
A)15%
B)0.15%
C)12%
D)25%
4) A real estate agency received a commission of $10,800 for selling,a house at $120,000. What percent of the selling price was the commission?
A)44.44%
B)9%
C)12%
D)25%