Exam 2: Review and Applications of Algebra
Exam 1: Review and Applications of Basic Mathematics205 Questions
Exam 2: Review and Applications of Algebra379 Questions
Exam 3: Ratios and Proportions148 Questions
Exam 4: Mathematics of Merchandising130 Questions
Exam 5: Applications of Linear Equations91 Questions
Exam 6: Simple Interest159 Questions
Exam 7: Applications of Simple Interest90 Questions
Exam 8: Compound Interest: Future Value and Present Value155 Questions
Exam 9: Compound Interest: Further Topics and Applications168 Questions
Exam 10: Ordinary Annuities: Future Value and Present Value137 Questions
Exam 11: Ordinary Annuities: Periodic Payment, Number of Payments, and Interest Rate107 Questions
Exam 12: Annuities Due277 Questions
Exam 13: Annuities: Special Situations20 Questions
Exam 14: Loan Amortization: Mortgages88 Questions
Exam 15: Bonds and Sinking Funds177 Questions
Exam 16: Business Investment Decisions129 Questions
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Nguyen fishes for red snapper and lingcod off the coast of British Columbia, and delivers his catch each week to a fish buyer. On one delivery, he received $2454.20 for 370 kg of red snapper and 264 kg of lingcod. On another occasion he was paid $2124.70 for 304 kg of lingcod and 255 kg of red snapper. What price per kg was Nguyen paid for each type of fish?
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If the euro is worth 39% more than the Canadian dollar, how much less (in percentage terms) is the Canadian dollar worth than the euro?
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Use formula (6-2) to calculate t if r = 0.0025, S = $5100, and P = $5000.
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How much is $56 increased by 65%? Calculate the answer accurate to the cent.
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Rearrange the formula FV = PV(1 + i)n to isolate i on the left side.
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Use formula (13-1) to calculate i if PMT = $900 and PV = $150,000. (There are several instances in our formulas where a two- or three-letter symbol is used for a variable. This is usually done to make the symbol more suggestive of the quantity it represents. For example, we use PMT to represent the amount of each payment in a series of regular payments. The symbol P has already been taken to represent another quantity that begins with "p.")
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Bart purchased three-quarters of a 32% interest in a Swiss Chalet franchise for $270,000. What is implied value of the franchise?
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