Question 1

Evaluate the following accurate to the nearest cent:

Accepted Answer

The answer of Evaluate the following accurate to the nearest...

Question 2

A survey of 254 randomly chosen residences in a city revealed that 4 had four flat screen television sets, 22 had three sets, 83 had two sets, 140 had one set, and 5 had no flat screen TV set at all. Based on the survey, what would you estimate to be the average number of flat screen TV sets per household?

Accepted Answer

The answer of A survey of 254 randomly chosen residences...

Question 3

Evaluate (8 ÷ 5 - 2) ÷ (12 - 2 - 4) =

Accepted Answer

A)  2.4 
B)  -0.067 
C)  -2.4 
D)  0.444 
E)  -l.0 
A)  2.4 
B)  -0.067 
C)  -2.4 
D)  0.444 
E)  -l.0

Question 4

$180 is 120% of what amount accurate to the cent?

Accepted Answer

The answer of $180 is 120% of what amount accurate...

Question 5

Evaluate the following:

Accepted Answer

The answer of Evaluate the following:  ...

Question 6

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 7

Evaluate 8 - 4 × (2 - 3)2 =

Accepted Answer

A)  25 
B)  -1 
C)  12 
D)  17 
E)  4 
A)  25 
B)  -1 
C)  12 
D)  17 
E)  4

Question 8

0.0505% of $50,000 is what amount accurate to the cent?

Accepted Answer

The answer of 0.0505% of $50,000 is what amount accurate...

Question 9

Evaluate

Accepted Answer

A)  $1,701.95 
B)  $1,796.85 
C)  $2,265.35 
D)  $1,897.86 
E)  $2,392.70 
A)  $1,701.95 
B)  $1,796.85 
C)  $2,265.35 
D)  $1,897.86 
E)  $2,392.70

Question 10

Recognizing the quantities sold, what was the average selling price per unit?

Accepted Answer

A)  $0.33 
B)  $1.57 
C)  $155.10 
D)  $51.70 
E)  $1.70 
A)  $0.33 
B)  $1.57 
C)  $155.10 
D)  $51.70 
E)  $1.70

Question 11

Barbara's annual salary of $58,800 is paid weekly. She is paid at time and a half for any overtime beyond her regular workweek of 35 hours. What is her gross pay for a week in which she works 39 hours?

Accepted Answer

The answer of Barbara's annual salary of $58,800 is paid...

Question 12

Evaluate

Accepted Answer

A)  $1,063.75 
B)  $1,416.73 
C)  $1,765.00 
D)  $1,637.50 
E)  $1,480.42 
A)  $1,063.75 
B)  $1,416.73 
C)  $1,765.00 
D)  $1,637.50 
E)  $1,480.42

Question 13

Marcel must temporarily invest some extra funds in his retail business every fall to purchase inventory in preparation for the Christmas season. On September 1 he already had a total of $57,000 invested in his business. On October 1 he invested another $15,000, and on November 1 he injected $27,000. He was able to withdraw $23,000 on February 1, $13,000 on March 1, and $6,000 on May 1. What was the average cumulative investment in the business during the period from September 1 to August 31? (Assume that each month has the same length.)

Accepted Answer

The answer of Marcel must temporarily invest some extra funds...

Question 14

In what circumstances will the weighted average be equal to the simple average?

Accepted Answer

The weighted average will equal the simp

Question 15

A shoe salesman is paid the greater of $600 per week or 11% of sales. a) What will be his earnings for a week in which sales are $5636? b) At what volume of sales per week will he start to earn more from the commission based compensation?

Accepted Answer

a) $619.96

Question 16

An online discount broker charges a transaction fee of $30 plus an additional 3 cents per share. A full-service broker charges a commission rate of 2.4% of the total dollar value of a stock transaction. Suppose you purchase 200 shares of the Bank of Nova Scotia at $55.40 per share. What percentage are the total fees charged by the online discount broker of the commission you would pay the full-service broker?

Accepted Answer

The answer of An online discount broker charges a transaction...

Question 17

24% of what amount is $162?

Accepted Answer

A)  $675 
B)  $38.88 
C)  $513 
D)  $123.12 
E)  $389.88 
A)  $675 
B)  $38.88 
C)  $513 
D)  $123.12 
E)  $389.88

Question 18

The actual profit of $23,400 for the most recent fiscal quarter was 90% of the forecast profit. What was the forecast profit?

Accepted Answer

The answer of The actual profit of $23,400 for the...

Question 19

Calculate the total amount, including both GST and PST, that an individual will pay for a car sold for $39,500 in: a) Alberta b) Quebec c) British Columbia

Accepted Answer

a) $41,475

Question 20

What percent of $1150 is $1495?

Accepted Answer

The answer of What percent of $1150 is $1495?...

Evaluate the following accurate to the nearest cent:

Evaluate (8 ÷ 5 - 2) ÷ (12 - 2 - 4) =

$180 is 120% of what amount accurate to the cent?

Evaluate the following:

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?

Evaluate 8 - 4 × (2 - 3)² =

0.0505% of $50,000 is what amount accurate to the cent?

Evaluate

Recognizing the quantities sold, what was the average selling price per unit?

Barbara's annual salary of $58,800 is paid weekly. She is paid at time and a half for any overtime beyond her regular workweek of 35 hours. What is her gross pay for a week in which she works 39 hours?

Evaluate

In what circumstances will the weighted average be equal to the simple average?

A shoe salesman is paid the greater of $600 per week or 11% of sales. a) What will be his earnings for a week in which sales are $5636? b) At what volume of sales per week will he start to earn more from the commission based compensation?

24% of what amount is $162?

The actual profit of $23,400 for the most recent fiscal quarter was 90% of the forecast profit. What was the forecast profit?

Calculate the total amount, including both GST and PST, that an individual will pay for a car sold for $39,500 in: a) Alberta b) Quebec c) British Columbia

What percent of $1150 is $1495?

A: Review and Applications of Algebra

B: 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

Evaluate the following accurate to the nearest cent:

Evaluate (8 ÷ 5 - 2) ÷ (12 - 2 - 4) =

$180 is 120% of what amount accurate to the cent?

Evaluate the following:

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?

Evaluate 8 - 4 × (2 - 3)2 =

0.0505% of $50,000 is what amount accurate to the cent?

Evaluate

Recognizing the quantities sold, what was the average selling price per unit?

Barbara's annual salary of $58,800 is paid weekly. She is paid at time and a half for any overtime beyond her regular workweek of 35 hours. What is her gross pay for a week in which she works 39 hours?

Evaluate

In what circumstances will the weighted average be equal to the simple average?

A shoe salesman is paid the greater of $600 per week or 11% of sales. a) What will be his earnings for a week in which sales are $5636? b) At what volume of sales per week will he start to earn more from the commission based compensation?

24% of what amount is $162?

The actual profit of $23,400 for the most recent fiscal quarter was 90% of the forecast profit. What was the forecast profit?

Calculate the total amount, including both GST and PST, that an individual will pay for a car sold for $39,500 in: a) Alberta b) Quebec c) British Columbia

What percent of $1150 is $1495?

A: Review and Applications of Algebra

B: 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 8 - 4 × (2 - 3)² =