Exam 1: Review and Applications of Basic Mathematics

Herb packs fish in 500-g cans on a processing line. He is paid $8.25 per hour plus $0.18 per kilogram for production in excess of 500 kg in a 7.5-hour shift. How much will he earn per day if he packs 250 cans per hour?

Evaluate the following accurate to the nearest cent: $\frac{\$ 3490}{1+0.125 \times \frac{91}{365}}$

Ms. Yong invested $16,800 in a Canadian equity mutual fund, $25,600 in a U.S. equity mutual fund, and $31,000 in a global fund that holds a variety of foreign securities. If in the subsequent 6 months, the value of the units in the Canadian fund dropped by 4.3%, the U.S. fund declined by 1.1%, and the global fund rose by 8.2%, what was the overall rate of return on Ms. Yong's mutual fund portfolio for the 6-month holding period?

Evaluate the following accurate to the nearest cent: $\frac{\$ 790.84}{1+0.13 \times \frac{311}{365}}$

Evaluate the answer .: 54 - 36 ¸ 4 + 2²

$8.75 is 0.0⅞ % of what amount?

Nitin earns $48,000 per year for a forty-hour workweek. Determine his hourly rate of pay if he is paid biweekly. Assume there are 52 weeks in the year.

Hillary sells cosmetics from her part-time home-based business. She receives a straight commission of 21% from her supplier. At the year-end, she also receives a 7% bonus on sales exceeding her annual quota of $50,000. What will her gross annual earnings be for a year in which her average monthly sales are $5,500?

Evaluate the following accurate to the nearest cent: $\frac{\$ 550}{\left(1+\frac{0.115}{2}\right)^{4}}$

What percent of $590 is $950 accurate to three significant figures?

95% of what amount is $100 accurate to the cent?

Calculate the price including both GST and PST, that an individual will pay for a car sold for $26,995.00 in Manitoba (GST = 5%, PST = 8%)

Anthony began the year with $96,400 already invested in his Snow 'n Ice retail store. He withdrew $14,200 on March 1 and another $21,800 on April 1. On August 1, he invested $23,700, and on November 1 he contributed another $19,300. What was his average cumulative investment during the year? (Assume that each month has the same length.)

In July, Canada's exports to the United States were $33.2 billion dollars, which were 98% of June's exports to the United States. Rounded to the nearest $0.1 billion, what was the value of Canada's exports to the United States in June.

The following fraction has a terminating decimal equivalent form. Express its decimal and percent equivalent forms to five-figure accuracy: $\frac{-35}{25}$

Evaluate the answer correct to the cent: 6² - 4(2) + 8

The following grades are from the first business mathematics test in the semester. What is the class average?

Evaluate the following: 96 - (6 - 4²) x 7 - 2

Evaluate $\$ 1200\left(1+.0625 \times \frac{7}{12}\right)$

Evaluate the following: $\$ 859\left(1+\frac{0.0825}{12}\right)^{3}+\frac{\$ 682}{\left(1+\frac{0.0825}{12}\right)^{2}}$