Exam 1: Review and Applications of Basic Mathematics
Exam 1: Review and Applications of Basic Mathematics385 Questions
Exam 2: A: Review and Applications of Algebra223 Questions
Exam 2: B: Review and Applications of Algebra242 Questions
Exam 3: Ratios and Proportions298 Questions
Exam 4: Mathematics of Merchandising295 Questions
Exam 5: Cost-Volume-Profit Analysis137 Questions
Exam 6: Simple Interest302 Questions
Exam 7: Applications of Simple Interest168 Questions
Exam 8: Compound Interest: Future Value and Present Value325 Questions
Exam 9: Compound Interest: Further Topics and Applications397 Questions
Exam 10: Annuities: Future Value and Present Value257 Questions
Exam 11: Annuities: Periodic Payment, Number of Payments, and Interest Rate253 Questions
Exam 12: Annuities: Special Situations186 Questions
Exam 13: Loan Amortization; Mortgages188 Questions
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Evaluate the answer correct to the cent: (4 × 3 - 2)2 ÷ (4 - 3 × 22)
(Short Answer)
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Ignoring the quantities sold, what was the average unit selling price for the three stores?
(Multiple Choice)
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Jo-Anne and Kevin estimate their total cost for a vacation in Ireland to be $9850.
a) What percentage is this cost of their combined gross monthly income of $5850?
b) If 72% of their gross monthly income is already consumed by rent, taxes, car payments, and other regular living expenses, what percentage is the trip's cost of their remaining annual disposable income?
(Short Answer)
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A car with a sticker price of $25,000 was purchased. With GST at 5% and PST at 7%, the final cost of the car was $28,000
(True/False)
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The assessment on a farm consists of $143,000 for the house and $467,000 for the land and buildings. A mill rate of 15.0294 applies to residences, and a rate of 4.6423 applies to agricultural land and buildings. What are the total property taxes payable on the farm?
(Essay)
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Sam is paid $34.50 per hour as a power plant engineer. He is paid 1½ times the regular rate for all time exceeding 8 hours in a day or 40 hours in a week. Statutory holidays worked are paid at double time (in addition to holiday pay). What were his gross earnings for a week in which he clocked 8, 9.5, 8, 8, 10, 0, and 8 hours on Saturday to Friday, respectively, where Monday was a statutory holiday?
(Short Answer)
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Karen works in a retail computer store. She receives a weekly base salary of $300 plus a commission of 3% of sales exceeding her quota of $20,000 per week. What were her sales for a week in which she earned $630.38?
(Short Answer)
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At the start of the year, the marketing department of a large corporation was given a budget of $92,000 to spend. Actual spending amounted to $63,000 on advertising. Actual spending represents 87% of their budget.
(True/False)
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In March, Canada's exports to the United States were $29.5 billion dollars, which were 104% of February's exports to the United States. Rounded to the nearest $0.1 billion, what was the value of Canada's exports to the United States in February?
(Short Answer)
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Jason's gross pay for August was $3,296.97 on sales totalling $151,342. If his base salary is $1,500 per month, what is his rate of commission on sales exceeding his monthly quota of $100,000?
(Short Answer)
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Breanne sews for a clothing manufacturer. She is paid $7.50 per hour plus a piece rate that depends on the type of garment in production. The current production run is men's shirts, for which she is paid $3.00 for each unit exceeding her quota of 20 shirts in an 8-hour shift. What will be her total pay for a regular workweek in which her output on successive days was 24, 26, 27, 28, and 30 shirts?
(Short Answer)
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