Exam 1: Review and Applications of Basic Mathematics

How must you allocate your money among a number of investments so that your portfolio's overall rate of return will be the same as the simple average of the rates of return on individual investments?

Stuart's regular rate of pay is $22 per hour. He is given 1.5 times the rate of pay for days he works over 37.5 hours. Determine the amount earned during a week where he worked 42 hours.

Sonal bought a coat for $172.37, which included 7% PST and 5% GST. What was the selling price of the coat?

Evaluate the following:

Evaluate the answer correct to the cent: 18 ÷ 3 + 6 × 2

The value of 4(12 - 3)³ - 4(20 - 33)² is 2,240

If the percent Rate is 1,000%, what multiple is the Portion of the Base?

The total assessed value of property in Brockton has risen by $97 million from last year's figure of $1.563 billion. The property tax rate last year for city services was $0.94181 per $100 of assessed value. If the city's budget has increased by $750,000, what tax rate should it set for the current year?

150% of $60 is what amount accurate to the cent?

The maximum amount an individual can contribute to his or her Registered Retirement Savings Plan (RRSP) for a year is set from time to time by the Regulations of the Income Tax Act. For the year 2013, the maximum contribution was the lesser of $23,820 or 18% of the individual's "earned income" during 2012. What was the lowest amount of earned income for 2012 at which an individual could make a full $23,820 contribution in 2013? (Round to the nearest dollar.)

The value of [(30 + 7 × 4) - 9 × -5] ÷ - 3 is 34.33

The value of is .135

Evaluate the following:

Evaluate the answer correct to the cent:

Sonal bought a new sound system for her car costing $616.31. Sonal lives in Calgary, and so the price included 5% GST. What was the selling price of the new sound system?

Evaluate 3(8 - 4)² × (2 - 3)² =

Evaluate:

Evaluate the following:

Stan is a real estate salesperson. He receives 60% of the 4.8% commission that the real estate agency charges on sales. If his income for the past year was $150,480, what was his dollar volume of sales for the year?

If the mill rate increases by 0.25 mills, what will be the dollar increase in property taxes on a house assessed at $380,000?