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DBA Rubric - Financial Math A
DBA Rubric - Financial Math A
1. Esther works for a marketing company. She earns $12 per hour, and she gets a $50 travel
allowance every month. Which linear equation could be used to find her monthly pay
rate?
⇒ Y = 12x + 50
(Y is equal to twelve times X plus fifty.)
2. Jessie is making a $5,000 investment that will be compounded annually at 10% for the
next 10 years. What’s the future value of the original investment?
𝑟
Hint: use the future value formula: FV = PV (1 + 𝑛 )nt
$ 12,968.71
⇒
(twelve thousand nine hundred sixty-eight dollars and seventy-one cents)