1. The area of a circle is calculated by which formula?

2. A percentage lease on an office building stipulates a $3,000 monthly base rent plus 3.5% of gross profit in excess of $250,000. If the company renting the building grosses $375,000 in its first year, what is the total annual rent for that year?

3. How many square inches are in an area of 4 square feet?

4. 144 inches is equivalent to which of the following?

5. A lender charges a loan discount in order to achieve which of the following actions?

6. 0.25 is represented as a fraction by which of the following?

7. Annual NOI equals which one of the following functions?

8. A buyer takes out a loan for $50,000 at 5% simple annual interest. The buyer informs the lender that over the first two years, he can only afford to pay off the interest and none of the principal amount. Given this information, the lender charges the buyer a 2-point loan discount up front and reduces the annual interest rate on the loan to 4%. How much more profit will the lender make in the first two years than she would if she hadn't charged the discount?

9. In the fraction 2/5 the number 2 is the _____.

10. Which of the following is not a typical item of proration?

11. A house on Pecan Street is valued at $100,000. The local annual tax rate is $1.50 per $100 appraised value. What will the amount of monthly taxes paid on the house be?

12. The fraction 5/8 is equivalent to which one of the following?

13. A certain house has proved difficult to sell. The salesperson has suggested that it might sell faster if the owners enclosed a portion of the backyard with a privacy fence. If the area of the rectangular lot to be fenced is 400 square feet and the frontage is 10 feet, what is the number of running feet of fence needed to enclose the area?

14. If a house that originally cost $78,000 sells for $102,000, what fraction of the original price is equal to the profit?

15. The percentage rent is equal to which of the following?

16. If a lot that sells for $228,000 makes the seller 14% profit, how much was the original price of the lot?

17. What is a building's annual NOI if its net worth is $820,000, and it capitalizes on its worth at a rate of 9% annually?

18. If a borrower has initially taken a loan of $100,000, then what percentage does she owe if her current balance is $30,000?

19. Which one of the following choices represents a linear measurement?

20. Area is defined as which one of the following?

21. A banker's year has how many days in it?

22. Using the T-method, what is the formula to find the part?

23. Using the T-method, what is the formula to find the total?

24. What percentage of the original value of a lot is its appreciated value?

25. The cost of an item times the percentage of cost sold is represented by which of the following terms?