1) A bond that closed today at 94 down 2 closed yesterday in dollars at A. $960. B. $940. C. $930. D. $950.

2. Calculate the median from the following numbers: 16, 9, 10, 5, 4 A. 4 B. 9 C. 10 D. 5

3. The tax rate of $.0984 in decimal form can be expressed as how many mills? A. 90.84 B. 9.84 C. 98.4 D. 9,840

Answer:

1. A bond that closed today at 94 down 2 closed yesterday in dollars at;

Answer: $940

2. Calculate the median from the following numbers:

Answer: 9

3. The tax rate of $.0984 in decimal form can be expressed as how many mills?

Answer: 98.4

Explanation:

2. The median is the number that is halfway through the set as well. The data can be ordered in sequence from the least to the highest to reach the median. If the data set includes an even number of items, the median can be calculated by taking the mean (average) of the two middle numbers.

3. The tax rate of $0.0984 in decimal

= 0.9840 x 1000 mill

(1 dollar = 1000 mills)

= 98.4 mills