Iris Souza Started the Summer with $30

question 37

Multiple Choice

Iris Souza started the summer with $30.She took $10 and made signs for her dog walking service.She posted the signs all over her neighborhood.She used the other $20 to buy a stout leash and a pooper-scooper.At the end of the summer, after buying herself a new pair of shoes for $50 (she had worn her other shoes out walking dogs) , she had $125 left.Calculate Souza's costs for her summer job?

• A)$30
• B)$50
• C)$80
• D)$125
• E)$175

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Definitions:

Interest Rate

The percentage of an amount of money charged for its use per some period of time, often expressed as an annual percentage rate.

Redeemed

The act of exchanging something such as a coupon, voucher, or financial security for its value in goods, services, or money.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Bond

A fixed income instrument representing a loan made by an investor to a borrower, typically corporate or governmental.