It Is Spring, and Several Graduates of State U Are

question 64

Multiple Choice

It is spring, and several graduates of State U are seeking employment. State U graduates have evenly distributed GPAs, from 2.0 to 4.0, with an average GPA of 3.0. The largest employer in town, Acme Dynamite, is interviewing candidates, hoping to hire a few hard workers. While Acme does not require students to submit a transcript with their applications, the hiring officer believes that high GPAs signal a willingness to work hard. Jordan is a recent graduate and is applying for a job with Acme. Jordan's GPA is 3.3. Should Jordan include a transcript with her job application?

• A)No, because it is not required.
• B)Yes, because if she does not, Acme will infer that her GPA is 3.0 or lower.
• C)No, because her GPA is not much better than average.
• D)No, because it will make Jordan look worse relative to those with higher grades.

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Definitions:

Compounded Monthly

A method where interest earned is added to the principal, and future interest payments are calculated on the increased principal, with the process repeating each month.

Retirement Savings

Money that has been put aside to be used during retirement, often in specific retirement accounts or investment plans.

Withdraw

To remove funds from a bank account, or to pull back an offer or participation in an activity.

Annual Percentage Rate

The Annual Percentage Rate (APR) is the yearly interest rate charged on borrowed money, encompassing both the interest rate and any associated fees, to represent the total cost of borrowing.