Aubree, a College Freshman, Took 15 Hours Her First Semester

question 38

Short Answer

Aubree, a college freshman, took 15 hours her first semester. Below is her grade report. Aubree's university uses a 4-point grading system, i.e., A=4, B=3, C=2, D=1, F=0.
a.Compute Aubree's grade point average at the end of the semester.
b.The next semester, Aubree retakes physics and makes a B. If this B replaces her old grade (D), what would her revised GPA be? (Assume the only class she took her second semester was physics.) (Round to the nearest hundredth.)

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Definitions:

Adjusting Entry

A record entered at the conclusion of an accounting cycle to assign revenues and expenses to the appropriate period.

Discounted Note

A promissory note, or loan agreement, where the interest is deducted from the principal amount at the time the loan is issued.

Interest

The cost of borrowing money or the earnings from lending money, calculated as a percentage of the principal amount.

Adjustment Interest

Adjustment Interest involves the modification of interest income or expense to correct or update the recorded interest in financial records.