Question 1

What amount is 0.04% of $200,000?

Accepted Answer

A)  $8,000 
B)  $800 
C)  $8 
D)  $.80 
E)  $80 
A)  $8,000 
B)  $800 
C)  $8 
D)  $.80 
E)  $80

Question 2

Round the following to four-figure accuracy: 0.5545454

Accepted Answer

The answer of Round the following to four-figure accuracy: 0.5545454...

Question 3

7½% of what amount is $1.46 accurate to the cent?

Accepted Answer

The answer of 7½% of what amount is $1.46 accurate...

Question 4

Trevor invested in Stocks, bond and mutual funds. His investment holdings consisted of twice as much bonds as stocks, and four times the amount of mutual funds as stocks. Last year stocks returned 4%, bonds 7% and mutual funds 2%. His average return for the year was 3.71%

Accepted Answer

A) True 
 B)False

Question 5

Evaluate $\$ 1500\left[1+\frac{1}{\left(1-\frac{0.04}{12}\right)^{3}}\right]-\frac{\left(1+\frac{0.04}{12}\right)^{3}}{\frac{0.04}{12}}$

Accepted Answer

A)  $1,489.85 
B)  $2,892.41 
C)  $2,712.09 
D)  $1,177.64 
E)  $1,818.11 
A)  $1,489.85 
B)  $2,892.41 
C)  $2,712.09 
D)  $1,177.64 
E)  $1,818.11

Question 6

Calculate the final value of the following equation $\frac{8,600\left(1+0.092 \times \frac{155}{365}\right)}{1+0.154 \times \frac{81}{365}}$

Accepted Answer

A)  8,640.69 
B)  8,122.68 
C)  5,867.98 
D)  1,882.57 
E)  5,345.43 
A)  8,640.69 
B)  8,122.68 
C)  5,867.98 
D)  1,882.57 
E)  5,345.43

Question 7

Evaluate the answer .: 180 - 2[( -3 × 23 + 128 ¸42) + 6(-3+ 7)]

Accepted Answer

The answer of Evaluate the answer .: 180 - 2[(...

Question 8

Convert the following to its decimal and percent equivalents.
$2 \frac{2}{5}$

Accepted Answer

The answer of Convert the following to its decimal and...

Question 9

Hasad is paid an annual salary of $54,600 based on a 40-hour workweek. What is his gross pay for a biweekly pay period if he works 43 hours in the first week and 46.5 hours in the second week? Overtime is paid at time and a half.

Accepted Answer

The answer of Hasad is paid an annual salary of...

Question 10

Ross's compensation is to be changed from an hourly rate of $15.75 for a 40-hour week to a salary paid semimonthly. What should he be paid semimonthly in order for his annual earnings to remain the same?

Accepted Answer

The answer of Ross's compensation is to be changed from...

Question 11

$4.50 is 0.0¾ % of what amount?

Accepted Answer

A)  $60 
B)  $600 
C)  $6,000 
D)  $60,000 
E)  $6 
A)  $60 
B)  $600 
C)  $6,000 
D)  $60,000 
E)  $6

Question 12

If the percent Rate is 0.01%, what fraction is the Portion of the Base?

Accepted Answer

The answer of If the percent Rate is 0.01%, what...

Question 13

Round the following to four-figure accuracy: 0.0090909

Accepted Answer

The answer of Round the following to four-figure accuracy: 0.0090909...

Question 14

What amount is 230% of $450?

Accepted Answer

A)  $103,500 
B)  $1.035 
C)  $51.11 
D)  $1,035 
E)  $195.65 
A)  $103,500 
B)  $1.035 
C)  $51.11 
D)  $1,035 
E)  $195.65

Question 15

A full-service broker charges a commission rate of 2.2% of the total dollar value of a stock transaction. A discount broker charges a transaction fee of $25 plus an additional five cents per share. Suppose you purchase 800 shares of Talisman Energy at $21.75 per share. What percentage of the commission fee charged by the full-service broker would you save by using the discount broker?

Accepted Answer

The answer of A full-service broker charges a commission rate...

Question 16

Calculate 1.75% of $350 accurate to the cent.

Accepted Answer

The answer of Calculate 1.75% of $350 accurate to the...

Question 17

Nitin is paid on a graduated commission scale. He receives commission at the rate of 2% for the first $10,000 of sales in a month, 3% on the next $20,000, and 4.5% on all further sales. What is Nitin's average rate of commission in a month in which his sales are $60,000?

Accepted Answer

A)  3.167% 
B)  3.417% 
C)  3.583% 
D)  $5 
E)  3.83% 
A)  3.167% 
B)  3.417% 
C)  3.583% 
D)  $5 
E)  3.83%

Question 18

Janet earned $78,000 last year. Tax rate earned on the first $20,000 is 15%; 25% on the next $25,000 and 30% for the remainder of income. What was the amount of tax paid?

Accepted Answer

A)  18,200 
B)  19,150 
C)  20,250 
D)  22,000 
E)  22,500 
A)  18,200 
B)  19,150 
C)  20,250 
D)  22,000 
E)  22,500

Question 19

Evaluate the answer .: (20 - 4) × 2 - 8

Accepted Answer

The answer of Evaluate the answer .: (20 - 4)...

Question 20

The following mixed number has a terminating decimal equivalent form. Express its decimal and percent equivalent forms to five-figure accuracy:
$1 \frac{7}{25}$

Accepted Answer

The answer of The following mixed number has a terminating...

What amount is 0.04% of $200,000?

Round the following to four-figure accuracy: 0.5545454

7½% of what amount is $1.46 accurate to the cent?

Trevor invested in Stocks, bond and mutual funds. His investment holdings consisted of twice as much bonds as stocks, and four times the amount of mutual funds as stocks. Last year stocks returned 4%, bonds 7% and mutual funds 2%. His average return for the year was 3.71%

Evaluate $\$ 1500\left[1+\frac{1}{\left(1-\frac{0.04}{12}\right)^{3}}\right]-\frac{\left(1+\frac{0.04}{12}\right)^{3}}{\frac{0.04}{12}}$

Calculate the final value of the following equation $\frac{8,600\left(1+0.092 \times \frac{155}{365}\right)}{1+0.154 \times \frac{81}{365}}$

Evaluate the answer .: 180 - 2[( -3 × 23 + 128 ¸42) + 6(-3+ 7)]

Convert the following to its decimal and percent equivalents. $2 \frac{2}{5}$

Hasad is paid an annual salary of $54,600 based on a 40-hour workweek. What is his gross pay for a biweekly pay period if he works 43 hours in the first week and 46.5 hours in the second week? Overtime is paid at time and a half.

Ross's compensation is to be changed from an hourly rate of $15.75 for a 40-hour week to a salary paid semimonthly. What should he be paid semimonthly in order for his annual earnings to remain the same?

$4.50 is 0.0¾ % of what amount?

If the percent Rate is 0.01%, what fraction is the Portion of the Base?

Round the following to four-figure accuracy: 0.0090909

What amount is 230% of $450?

Calculate 1.75% of $350 accurate to the cent.

Nitin is paid on a graduated commission scale. He receives commission at the rate of 2% for the first $10,000 of sales in a month, 3% on the next $20,000, and 4.5% on all further sales. What is Nitin's average rate of commission in a month in which his sales are $60,000?

Janet earned $78,000 last year. Tax rate earned on the first $20,000 is 15%; 25% on the next $25,000 and 30% for the remainder of income. What was the amount of tax paid?

Evaluate the answer .: (20 - 4) × 2 - 8

The following mixed number has a terminating decimal equivalent form. Express its decimal and percent equivalent forms to five-figure accuracy: $1 \frac{7}{25}$

Review and Applications of Algebra

Ratios and Proportions

Mathematics of Merchandising

Cost-Volume-Profit Analysis

Simple Interest

Applications of Simple Interest

Compound Interest: Future Value and Present Value

Compound Interest: Further Topics and Applications

Annuities: Future Value and Present Value

Annuities: Periodic Payment, Number of Payments, and Interest Rate

Annuities: Special Situations

Loan Amortization: Mortgages

Filters

Exam 1: Review and Applications of Basic Mathematics

What amount is 0.04% of $200,000?

Round the following to four-figure accuracy: 0.5545454

7½% of what amount is $1.46 accurate to the cent?

Trevor invested in Stocks, bond and mutual funds. His investment holdings consisted of twice as much bonds as stocks, and four times the amount of mutual funds as stocks. Last year stocks returned 4%, bonds 7% and mutual funds 2%. His average return for the year was 3.71%

Evaluate $1500[1+1(1−0.0412)3]−(1+0.0412)30.0412\$ 1500\left[1+\frac{1}{\left(1-\frac{0.04}{12}\right)^{3}}\right]-\frac{\left(1+\frac{0.04}{12}\right)^{3}}{\frac{0.04}{12}}$1500[1+(1−120.04​)31​]−120.04​(1+120.04​)3​

Calculate the final value of the following equation 8,600(1+0.092×155365)1+0.154×81365\frac{8,600\left(1+0.092 \times \frac{155}{365}\right)}{1+0.154 \times \frac{81}{365}}1+0.154×36581​8,600(1+0.092×365155​)​

Evaluate the answer .: 180 - 2[( -3 × 23 + 128 ¸42) + 6(-3+ 7)]

Convert the following to its decimal and percent equivalents. 2252 \frac{2}{5}252​

Hasad is paid an annual salary of $54,600 based on a 40-hour workweek. What is his gross pay for a biweekly pay period if he works 43 hours in the first week and 46.5 hours in the second week? Overtime is paid at time and a half.

Ross's compensation is to be changed from an hourly rate of $15.75 for a 40-hour week to a salary paid semimonthly. What should he be paid semimonthly in order for his annual earnings to remain the same?

$4.50 is 0.0¾ % of what amount?

If the percent Rate is 0.01%, what fraction is the Portion of the Base?

Round the following to four-figure accuracy: 0.0090909

What amount is 230% of $450?

Calculate 1.75% of $350 accurate to the cent.

Nitin is paid on a graduated commission scale. He receives commission at the rate of 2% for the first $10,000 of sales in a month, 3% on the next $20,000, and 4.5% on all further sales. What is Nitin's average rate of commission in a month in which his sales are $60,000?

Janet earned $78,000 last year. Tax rate earned on the first $20,000 is 15%; 25% on the next $25,000 and 30% for the remainder of income. What was the amount of tax paid?

Evaluate the answer .: (20 - 4) × 2 - 8

The following mixed number has a terminating decimal equivalent form. Express its decimal and percent equivalent forms to five-figure accuracy: 17251 \frac{7}{25}1257​

Review and Applications of Algebra

Ratios and Proportions

Mathematics of Merchandising

Cost-Volume-Profit Analysis

Simple Interest

Applications of Simple Interest

Compound Interest: Future Value and Present Value

Compound Interest: Further Topics and Applications

Annuities: Future Value and Present Value

Annuities: Periodic Payment, Number of Payments, and Interest Rate

Annuities: Special Situations

Loan Amortization: Mortgages

Filters

Evaluate $\$ 1500\left[1+\frac{1}{\left(1-\frac{0.04}{12}\right)^{3}}\right]-\frac{\left(1+\frac{0.04}{12}\right)^{3}}{\frac{0.04}{12}}$

Calculate the final value of the following equation $\frac{8,600\left(1+0.092 \times \frac{155}{365}\right)}{1+0.154 \times \frac{81}{365}}$

Convert the following to its decimal and percent equivalents. $2 \frac{2}{5}$

The following mixed number has a terminating decimal equivalent form. Express its decimal and percent equivalent forms to five-figure accuracy: $1 \frac{7}{25}$