Click on the link below to launch the ALEKS website and sign…

Click on the link below to launch the ALEKS website and sign in to your account. https://www.aleks.com/ You will need to enter the following password into ALEKS to begin the knowledge check: Aleks Password: LEMONPI  Remember to leave the Canvas/Procotrio quiz tab open and active throughout the assessment on Aleks.  Once you have completed the scheduled knowledge check in Aleks, navigate back to this canvas quiz and enter your new overall pie progress as a percentage in the answer box below.  (You can find this percentage by clicking down on the center of your pie chart on your Aleks dashboard.) Then click submit on the quiz.  

In June, Jake and Jill sign up for a American Express credit…

In June, Jake and Jill sign up for a American Express credit card which has the following terms: Interest rate = 19% (compounded daily) Statement Cycle = June 15th – July 14th Grace Period = 22 days (bill due on 5th of the following month) Minimum payment = Greater of $25 or 2% statement balance Late fee = $35 On July 3, Jake and Jill make their only purchase with the card (new furniture for $1,200). They are struggling to understand how credit cards work. Help them answer the following three questions.   If Jake and Jill forget to make a payment by their due date (Aug. 5), what will be their credit card balance on August 6?

Sonya saved $15,000 last summer from working on a road const…

Sonya saved $15,000 last summer from working on a road construction crew in Montana. What a great job. She came back really tan. She wants to invest the full amount now so that in 10 years she can buy her dream car, which costs $30,000. What rate of return will she need to receive in order to accomplish this goal? 

Michael and Suzanne just got married, and they received $1,0…

Michael and Suzanne just got married, and they received $1,000 from a friend as a wedding gift. Instead of spending the money with reckless abandon, they have decided to put the whole sum in a savings account that earns 2% compounded annually. How much money will they have in the account after 10 years?