Jonah wishes to save for his daughter’s college fund. If he deposits $200 at the end of each month and earns 6.0% compounded monthly for 18 years, how much will he have in his account at the end of this time?

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Business Mathematics DSST Practice Test 1 — practice the complete quiz, review flashcards, or try a random question.

The Business Mathematics DSST covers what you would learn during a single semester of a Business Math college class.

The DSST Business Mathematics exam covers the following topics:

Number sense
Algebraic Concepts
Statistics
Business Applications
Financial Mathematics.

The Business Applications section comprises 50% of the exam questions, including topics such as index numbers, interest, depreciation, taxes, cost calculations, investment performance measures, and cost minimization, among others.


Jonah wishes to save for his daughter’s college fund. If he deposits $200 at the end of each month and earns 6.0% compounded monthly for 18 years, how much will he have in his account at the end of this time?