Solve the problem. -On the November 6 billing date, Terry had a balance due of $455.76 on his credit card. The Transactions during the following month were: \[\begin{array} { l l r } \text { November } 8 & \text { Charge: tools } & \$ 51.46 \\ \text { November } 9 & \text { Payment } & \$ 68.83 \\ \text { November } 13 & \text { Charge: car repair } & \$ 232.85 \\ \text { December } 3 & \text { Charge: internet charge } & \$ 30.26 \end{array}\] The interest rate on the card is 1.6% per month. Using the average daily balance method, find the Balance due on December 6 (November has 30 days).

A) $711.47 B) $465.73 C) $396.90 D) $711.51 A) $711.47 B) $465.73 C) $396.90 D) $711.51

Solve the problem. -On the April 5 billing date, Danielle had a balance due of $48.61 on her credit card. The Transactions during the following month were: $\begin{array}{ll} \text { April } 7 \text { Charge: clothing } & \$ 109.68 \\ \text { April } 8 \text { Payment } & \$ 23.81 \\ \text { April } 22 \text { Charge: jewelry } & \$ 48.15 \\ \text { April } 28 \text { Charge: vet } & \$ 274.67 \end{array}$ The interest rate on the card is 1.3% per month. Using the previous balance method, find the new Balance on May 5.

A) $463.24 B) $481.74 C) $457.93 D) $25.43 A) $463.24 B) $481.74 C) $457.93 D) $25.43

Solve the problem. -On the October 3 billing date, Violet had a balance due of $841.71 on her credit card. The Transactions during the following month were: $\begin{array}{llcc} \text {October 12 Charge: clothing } &\$240.83\\ \text {October 15 Payment } &\$316\\ \text {October 25 Charge: auto repair } &\$361.43\\ \end{array}$ The interest rate on the card is 1.8% per month. Using the previous balance method, find the Finance charge on November 3.

A) $25.17 B) $15.15 C) $9.46 D) $20.30 A) $25.17 B) $15.15 C) $9.46 D) $20.30

Exam 10: Consumer Mathematics

Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary -p = $4163, r = ?, t = 213 days, i = $123.16

(Multiple Choice)

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Question 201

Use the present value formula to determine the amount to be invested now, or the present value needed. -The desired accumulated amount is $20,800 after 15 years invested in an account with 5% interest Compounded annually.

(Multiple Choice)

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(30)

Question 202

Solve the problem. Where appropriate, round to the nearest tenth of a percent. -By switching service providers, a familyʹs telephone bill decreased from about $50 a month to About $45. What was the percent decrease?

(Multiple Choice)

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Question 203

Use an annual percentage rate table to solve the problem. -A homeowner installed new kitchen cabinets and countertops for $5500. He paid 10% down and Financed the balance with a 24-month fixed installment loan with an APR of 7.0%. Determine the Total finance charge and monthly payment for the loan.

(Multiple Choice)

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(42)

Question 204

Solve the problem. -On the November 6 billing date, Terry had a balance due of $455.76 on his credit card. The Transactions during the following month were: November 8 Charge: tools \ 51.46 November 9 Payment \ 68.83 November 13 Charge: car repair \ 232.85 December 3 Charge: internet charge \ 30.26 The interest rate on the card is 1.6% per month. Using the average daily balance method, find the Balance due on December 6 (November has 30 days).

(Multiple Choice)

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Question 205

Write as a percent. - $\frac { 1 } { 2 }$

(Multiple Choice)

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Question 206

Use the present value formula to determine the amount to be invested now, or the present value needed. -The desired accumulated amount is $9000 after 8 years invested in an account with 3% interest Compounded semiannually

(Multiple Choice)

4.9/5

(34)

Question 207

Solve the problem. -On the April 5 billing date, Danielle had a balance due of $48.61 on her credit card. The Transactions during the following month were: April 7 Charge: clothing \ 109.68 April 8 Payment \ 23.81 April 22 Charge: jewelry \ 48.15 April 28 Charge: vet \ 274.67 The interest rate on the card is 1.3% per month. Using the previous balance method, find the new Balance on May 5.

(Multiple Choice)

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(30)

Question 208

Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary -p = ?, r = 5%, t = 2 months, i = $127.65

(Multiple Choice)

4.8/5

(30)

Question 209

Use a day counting table to determine the due date of the loan if the loan is made on the given date for the given number of days. -February 9 for 60 days (the year is a leap year)

(Multiple Choice)

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Question 210

Solve the problem. Where appropriate, round to the nearest tenth of a percent. -The price of a printer was reduced from $400 to $160. What was the percent decrease?

(Multiple Choice)

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Question 211

Solve the problem. Use an annual percentage rate table if necessary. -A farmer buys a new tractor for $35,000. He makes a down payment of $10,000 and finances the Balance at 8.5% APR over 48 months. Before making the 12th payment, the farmer decides to pay The remaining balance on the loan. How much interest will the farmer save (use the actuarial Method)?

(Multiple Choice)

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(42)

Question 212

Solve the problem. -Southwest Dry Cleaners believes that it will need new equipment in 6 years. The equipment will Cost $26,000. How much should be invested today at 2% compounded semiannually, to yield $26,000?

(Multiple Choice)

4.9/5

(42)

Question 213

Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent. -John forgot to pay his $413.00 income tax on time. The IRS charged a penalty of 3% for the 35 days The money was late. Find the penalty that was paid. (Use a 365 day year.)

(Multiple Choice)

4.7/5

(40)

Question 214

Solve the problem. -On the October 3 billing date, Violet had a balance due of $841.71 on her credit card. The Transactions during the following month were: October 12 Charge: clothing \2 40.83 October 15 Payment \3 16 October 25 Charge: auto repair \3 61.43 The interest rate on the card is 1.8% per month. Using the previous balance method, find the Finance charge on November 3.

(Multiple Choice)

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Question 215

Write as a decimal. -77%

(Multiple Choice)

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(32)

Question 216

Write as a percent. -9.1

(Multiple Choice)

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(36)

Question 217

Write as a percent. -0.783

(Multiple Choice)

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(37)

Question 218

Write as a percent. - $\frac { 7 } { 8 }$

(Multiple Choice)

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(33)

Question 219

Solve the problem. -Brad invests $3700 in an account paying 3.5% compounded quarterly. How much is in the account After 15 months?

(Multiple Choice)

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(33)

Question 220

Showing 201 - 220 of 221

Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary -p = $4163, r = ?, t = 213 days, i = $123.16

Use the present value formula to determine the amount to be invested now, or the present value needed. -The desired accumulated amount is $20,800 after 15 years invested in an account with 5% interest Compounded annually.

Solve the problem. Where appropriate, round to the nearest tenth of a percent. -By switching service providers, a familyʹs telephone bill decreased from about $50 a month to About $45. What was the percent decrease?

Use an annual percentage rate table to solve the problem. -A homeowner installed new kitchen cabinets and countertops for $5500. He paid 10% down and Financed the balance with a 24-month fixed installment loan with an APR of 7.0%. Determine the Total finance charge and monthly payment for the loan.

Write as a percent. - $\frac { 1 } { 2 }$

Use the present value formula to determine the amount to be invested now, or the present value needed. -The desired accumulated amount is $9000 after 8 years invested in an account with 3% interest Compounded semiannually

Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary -p = ?, r = 5%, t = 2 months, i = $127.65

Use a day counting table to determine the due date of the loan if the loan is made on the given date for the given number of days. -February 9 for 60 days (the year is a leap year)

Solve the problem. Where appropriate, round to the nearest tenth of a percent. -The price of a printer was reduced from $400 to $160. What was the percent decrease?

Solve the problem. -Southwest Dry Cleaners believes that it will need new equipment in 6 years. The equipment will Cost $26,000. How much should be invested today at 2% compounded semiannually, to yield $26,000?

Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent. -John forgot to pay his $413.00 income tax on time. The IRS charged a penalty of 3% for the 35 days The money was late. Find the penalty that was paid. (Use a 365 day year.)

Write as a decimal. -77%

Write as a percent. -9.1

Write as a percent. -0.783

Write as a percent. - $\frac { 7 } { 8 }$

Solve the problem. -Brad invests $3700 in an account paying 3.5% compounded quarterly. How much is in the account After 15 months?

Critical Thinking Skills

Sets

Logic

Systems of Numeration

Number Theory and the Real Number System

Algebra, Graphs, and Functions

The Metric System

Geometry

Probability

Voting and Apportionment

Filters

Exam 10: Consumer Mathematics

Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary -p = $4163, r = ?, t = 213 days, i = $123.16

Use the present value formula to determine the amount to be invested now, or the present value needed. -The desired accumulated amount is $20,800 after 15 years invested in an account with 5% interest Compounded annually.

Solve the problem. Where appropriate, round to the nearest tenth of a percent. -By switching service providers, a familyʹs telephone bill decreased from about $50 a month to About $45. What was the percent decrease?

Use an annual percentage rate table to solve the problem. -A homeowner installed new kitchen cabinets and countertops for $5500. He paid 10% down and Financed the balance with a 24-month fixed installment loan with an APR of 7.0%. Determine the Total finance charge and monthly payment for the loan.

Write as a percent. - 12\frac { 1 } { 2 }21​

Use the present value formula to determine the amount to be invested now, or the present value needed. -The desired accumulated amount is $9000 after 8 years invested in an account with 3% interest Compounded semiannually

Use the simple interest formula to determine the missing value. Round dollar amounts to the nearest cent and percents to the nearest hundredth when necessary -p = ?, r = 5%, t = 2 months, i = $127.65

Use a day counting table to determine the due date of the loan if the loan is made on the given date for the given number of days. -February 9 for 60 days (the year is a leap year)

Solve the problem. Where appropriate, round to the nearest tenth of a percent. -The price of a printer was reduced from $400 to $160. What was the percent decrease?

Solve the problem. -Southwest Dry Cleaners believes that it will need new equipment in 6 years. The equipment will Cost $26,000. How much should be invested today at 2% compounded semiannually, to yield $26,000?

Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent. -John forgot to pay his $413.00 income tax on time. The IRS charged a penalty of 3% for the 35 days The money was late. Find the penalty that was paid. (Use a 365 day year.)

Write as a decimal. -77%

Write as a percent. -9.1

Write as a percent. -0.783

Write as a percent. - 78\frac { 7 } { 8 }87​

Solve the problem. -Brad invests $3700 in an account paying 3.5% compounded quarterly. How much is in the account After 15 months?

Critical Thinking Skills

Sets

Logic

Systems of Numeration

Number Theory and the Real Number System

Algebra, Graphs, and Functions

The Metric System

Geometry

Probability

Voting and Apportionment

Filters

Write as a percent. - $\frac { 1 } { 2 }$

Write as a percent. - $\frac { 7 } { 8 }$