Exam 1: Review and Applications of Basic Mathematics

Nitin earns $48,000 per year. Determine his gross earnings each pay period in a year if he is paid biweekly. Assume there are 52 weeks in the year.

Convert the following fraction to its decimal equivalent and percent equivalent values, rounded to five figures:

$1.34 is what percent of $655 accurate to three significant figures?

Round the following to four-figure accuracy: 40.09515

Nitin is paid a base salary of $300 per week and commission at the rate of 2.5% for sales over $5,000, 4% if his sales are over $10,000, and 4.5% if sales are over $25,000. How much will Nitin earn in a week in which his sales are $20,000?

Evaluate the following accurate to the nearest cent:

The following fraction has a terminating decimal equivalent form. Express its decimal and percent equivalent forms to five-figure accuracy:

Evaluate the following:

Evaluate the following accurate to the nearest cent:

A recent poll of 2,000 Canadian families showed that 1,200 had 3 computers in the house; 400 had 2 computers; 250 had 1 computer and the remaining families had no computer. Based on this poll, the average Canadian household has 2 computers.

Evaluate the following accurate to the nearest cent:

Evaluate the answer correct to the cent: (-1) (-3) + 7 - 6²:

130½% of $455 is what amount accurate to the cent?

Julio is paid on a graduated commission scale of 5% on the first $20,000 of sales in a month, 7.5% on the next $20,000, and 10% on all additional sales. a) What will he be paid for a month in which his sales are $54,880? b) What single commission rate on all sales would result in the same earnings for the month?

Evaluate the following:

The distribution of scores obtained by 30 students on a quiz marked out of 10 is listed below. What was the average score on the test?

of $1500 is what amount accurate to the cent?

$8.75 is 0.0⅞ % of what amount?

The value of erted to four decimal places is 0.7778

a) Express a property tax increase of 0.1 mill in terms of dollars per $100 of assessed value? b) If the mill rate increases by 0.1 mill, what is the dollar increase in property taxes on a $200,000 home?