Quantitative Reasoning Quiz 6 (10 MCQs)

Quiz Instructions

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1. Which is the better deal? 5 candy bars for $ 4.35 or 7 candy bars for $ 6.23?
2. Assume that the nominal interest rate is 10 percent. If the expected inflation rate is 3 percent, the real interest rate is
3. Robert's car averages 32 miles to the gallon in highway driving. Approximately how manygallons of gas should he expect to use for a trip of 220 miles?
4. Lin has 4 pinecones and some acorns. She has 7 fewer pinecones than acorns. How many acorns does Lin have?
5. In a 100 item test, the passing mark is the 3rd quartile. What does it imply?
6. What is the difference between simple interest and compound interest in Future Value calculations?
7. On a sports day, if 30 children were made to stand in a column, then 16 columns could be formed. If 24 children were to stand in a column, then how many columns could be formed?
8. Which number is more than 1200 but less than 1500
9. Which of these is equal to 20 centimeters?
10. Amicable Wireless Co offers customers credit terms of 2% discount for payment within 10 days or full payment within 25 days. 60% of Amicable's customers take the 2% discount and pay on day 10. The remainder of Amicable's customers pay on day 30.What is Amicable's receivables collection period?