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+--- Thread: CLEP College Mathematics-Financial Math? (/Thread-CLEP-College-Mathematics-Financial-Math)
CLEP College Mathematics-Financial Math? - nniazi92 - 02-22-2016
I am taking the CLEP this Friday and I am very concerned. I have been studying the whole month of February, but when I do practice tests (I've been using the REA book), I have been getting many questions wrong. Even some of the IC questions are a bit confusing. I am worried the test will be really hard and I have been seeing that the CLEP now has a financial math section. Does anybody who took the CLEP recently know exactly what type of financial problems it includes? I've looked over simple interest, compound interest, tax, markups, etc. I am really worrying now that I am not prepared.
CLEP College Mathematics-Financial Math? - bluebooger - 02-22-2016
I'm guessing the financial math is
you deposit $100 in the bank at 0.25% interest compounded yearly
how much money do you have in 10 years
CLEP College Mathematics-Financial Math? - adavis84 - 02-22-2016
What are your scores on the REA exams? I used the REA book and practice tests as well. Passed in the high 60's if I remember (and that was 15 years after my last math class at the time).
Have you tried this one? Free Practice Clep Tests! - Free-Clep-Prep.com
It's pretty close to what you'll see on the actual test.
As for the financial math, bluebooger is pointing you in the right direction.