Exam 1: Review of Arithmetic

Two people living in different communities build houses of the same design on lots of equal size. If the person in Airdrie has his house and lot assessed at $165 000 with a mill rate of 22.051 mills, will his taxes be more or less than the person in Kimberly with an assessment of $145 000 and a mill rate of 25.124 mills?

Jessica Hughes invested $40 000 on January 1 in a partnership. She withdrew $15 000 on June 1, withdrew a further $2 000 on August 1, and reinvested $8 000 on November 1. What was her average monthly investment balance for the year?

Simplify: 10 + - 5

Evaluate:

Simplify: 9(8 - 5) + 5(6 + 4)

A sales representative selling computer parts receives a commission of 3.5% on net sales up to $15 000.00, 7% on the next $6000.00, and 9% on any further sales. If his sales for a month were $34 250.00 and sales returns were $1055.00, what was his commission for the month?

Simplify: 6 + - 4

Norm Bates is paid a semi-monthly salary of $792.50. Regular hours are 37 1/2 per week and overtime is paid at time and one-half regular pay. a) What is Norm's hourly rate of pay? b) How many hours overtime did Norm work in a pay period for which his gross pay was $946.30?

Evaluate:

Simplify:

Evaluate: 400(1 + .10 ∗ 100/365)

Levi earns $19.60 an hour with time and one-half for hours worked over 8 a day. His hours for a week are 9.25, 8.5, 10.5, 13.5, and 6.25. Determine his gross earnings for a week.

You bought two items for a total of $770.11. The first item is GST exempt and it represents 42% of the total purchase price. Assuming that you live in Alberta, what is the total amount of GST that you paid?

Mark's gross wages for a week were $711.20. His regular workweek is 40 hours and overtime is paid at time and one-half regular pay. What is Mark's regular hourly wage if he worked 45 1/2 hours?

Kim Farrena earns $17.60 per hour. Overtime from Monday to Friday is paid at time and one-half regular pay for any hours over 7 1/2 per day. Overtime on weekends is paid at double the regular rate of pay. Last week Kim worked regular hours on Monday, Wednesday, and Friday, 8.5 hours on Tuesday, 11.75 hours on Thursday, and 5 hours on Saturday. Determine Kim's gross wages by each of the two methods.

The following information is shown in your investment account for last year. The balance on January 1 was $6 200.00. A withdrawal of $880.00 was made on March 1. A deposit of $1 600.00 was made on May 1 and another deposit of $320.00 was made on September 1. What was the average monthly balance for the year in your account?

A pay stub shows gross earnings of $447.00 for 47 hours of work. What is the hourly rate of pay if the regular workweek is 40 hours and overtime is paid at time and one-half the regular rate of pay?

Extend each of the following and determine the total. Quantity Unit Price 74 $1.35 90 16 70 $0.885 58 $1.35

Rola's Dry Cleaning shows sales revenue (exclusive of GST) of $176 000 for the year. Rola's GST taxable expenses were (exclusive of GST) $17 960. How much should she remit to the government at the end of the year?

Simplify 7125 ×