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WGU D771
WGU D771 Quantitative Literacy Exam
| Qs & As| Grade A| 100% Correct
(NEW 2025/ 2026)
1. Coefficient: A number multiplied by a variable in an algebraic
expression.
2. Variable: A factor that can change
3. Operator: a mathematical sign to tell someone what type of
mathematical operation will be completed
4. Y-Intercept: Where the line crosses the Y axis
5. Exponent: a number that tells you how many times a
base number is being multiplied
WGU D771
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WGU D771
6. Percent: a function involving hundredths
7. Calculate the total percent: Part = Percent x Total
8. Markups or Sales tax: Markup = percent markup x cost
9. Calculating the cost from the percent markup and retail price:
retail price = cost x (1+ percent markup)
10. Debt: money owed by a borrower to a lender
11. Interest: a percent paid by a borrower to a lender each year
12. Personal Finance: refers to the money that a person earns, spends,
saves and borrows
13. Net Earnings: refers to money a person spends on items like rent,
food, or fun,
14. Savings: Money being put into an account for future use
15. Budget: a plan for how money will be spent
16. Utility: something paid, usually monthly to maintain basic home
functioning like electricity, water or internet.
17. Time Value of Money: a financial concept that a dollar now is not
worth the same as a dollar later
18. Inflation: the gradual increase in price for goods and services.
19. Purchasing Power: The amount of goods and services a sum of
money can buy
20. Principal (P): the beginning value of a loan or investment
21. Interest (I): The change in dollar amount of a loan or investment over
a given time period
22. Present Value (PV): The dollar amount of a loan or investment over a
given time period
23. Future Value (FV): The dollar amount of a loan or investment at
some future date
WGU D771
WGU D771
WGU D771 Quantitative Literacy Exam
| Qs & As| Grade A| 100% Correct
(NEW 2025/ 2026)
1. Coefficient: A number multiplied by a variable in an algebraic
expression.
2. Variable: A factor that can change
3. Operator: a mathematical sign to tell someone what type of
mathematical operation will be completed
4. Y-Intercept: Where the line crosses the Y axis
5. Exponent: a number that tells you how many times a
base number is being multiplied
WGU D771
, 2
WGU D771
6. Percent: a function involving hundredths
7. Calculate the total percent: Part = Percent x Total
8. Markups or Sales tax: Markup = percent markup x cost
9. Calculating the cost from the percent markup and retail price:
retail price = cost x (1+ percent markup)
10. Debt: money owed by a borrower to a lender
11. Interest: a percent paid by a borrower to a lender each year
12. Personal Finance: refers to the money that a person earns, spends,
saves and borrows
13. Net Earnings: refers to money a person spends on items like rent,
food, or fun,
14. Savings: Money being put into an account for future use
15. Budget: a plan for how money will be spent
16. Utility: something paid, usually monthly to maintain basic home
functioning like electricity, water or internet.
17. Time Value of Money: a financial concept that a dollar now is not
worth the same as a dollar later
18. Inflation: the gradual increase in price for goods and services.
19. Purchasing Power: The amount of goods and services a sum of
money can buy
20. Principal (P): the beginning value of a loan or investment
21. Interest (I): The change in dollar amount of a loan or investment over
a given time period
22. Present Value (PV): The dollar amount of a loan or investment over a
given time period
23. Future Value (FV): The dollar amount of a loan or investment at
some future date
WGU D771
