# How good are your numeracy skills?

On this past weekend's Marketplace Money show, reporter Janet Babin took a deeper look at the results of a new study from the Rand Corporation. The study asked couples three simple math questions, and those couples who answered all of them correctly averaged \$1.7 million of family wealth. Couples who got all the questions wrong averaged only \$200,000. The study concluded that at least one person in a couple should have great math skills to better handle family finances.

Think you got the financing chops? The Rand Corporation sent us the questions they used:

(1) If the chance of getting a disease is 10 percent, how many people out of 1,000 would be expected to get the disease?

(2) If 5 people all have the winning numbers in the lottery and the prize is \$2 million, how much will each of them get?

(3) Let's say you have \$200 in a savings account. The account earns 10 percent interest per year. How much would you have in the account at the end of two years?

1) 100 people. 2) \$400,000. 3) \$242.

How well did you do?

Chau Tu is the former assistant web producer for Marketplace.