Exam 3: Ratio, Proportion, and Percent
Exam 1: Review of Arithmetic103 Questions
Exam 2: Review of Basic Algebra193 Questions
Exam 3: Ratio, Proportion, and Percent152 Questions
Exam 4: Linear Systems81 Questions
Exam 5: Trade Discount, Cash Discount, Markup, and Markdown119 Questions
Exam 6: Break-Even and Cost-Volume-Profit Analysis24 Questions
Exam 7: Simple Interest95 Questions
Exam 8: Simple Interest Applications63 Questions
Exam 9: Compound Interest - Future Value and Present Value123 Questions
Exam 10: Compound Interest - Further Topics53 Questions
Exam 11: Ordinary Simple Annuities76 Questions
Exam 12: Ordinary General Annuities74 Questions
Exam 13: Annuities Due, Deferred Annuities, and Perpetuities132 Questions
Exam 14: Amortization of Loans, Including Residential Mortgages59 Questions
Exam 15: Bond Valuation and Sinking Funds81 Questions
Exam 16: Investment Decision Applications56 Questions
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Cindi's annual incomes for 2002, 2006, and 2009 were $25 000, $51 000, and $42 800 respectively. Given that the Consumer Price Index for the three years 100.0, 109.1, and 114.4 respectively, compute Cindi's real income for 2006 and 2009.
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Suppose it costs $363.50 Canadian to purchase $350.00 U.S.
a) What is the exchange rate?
b) How many U.S. dollars will you receive if you convert $925 Canadian into U.S. dollars?
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A gas tank with a capacity of 245 L can be drained in twenty-five minutes. At the same rate, how many minutes will it take to drain a tank containing 176 L?
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Seven-eighths of Jim Whyte's inventory was destroyed by fire. He sold the remaining part, which was slightly damaged, for one-third of its value and received $1400.
a) What was the value of the destroyed part of the inventory?
b) What was the value of the inventory before the fire?
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If one Canadian dollar is equivalent to $0.9421 U.S., how much do you need in Canadian funds to buy $1000 U.S.?
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A sales representative's orders for January were 83 1/3% less than her December orders, which amounted to $20 000.
a) How much were the sales rep's orders in January?
b) By what amount did her orders decrease?
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