Question 1

The retail price of an item is $625.50. This includes a markup of three-quarters of the wholesale cost to the retailer. What is the wholesale cost?

Accepted Answer

A)  $1094.63 
B)  $469.13 
C)  $834.00 
D)  $156.38 
E)  $357.43

Question 2

Evaluate to six-figure accuracy:

Accepted Answer

The answer of Evaluate to six-figure accuracy:
 ...

Question 3

Evaluate the following expression for the given value of the variables and calculate to the cent:
  +  for P = $470, S = $390, r = 0.075,

Accepted Answer

The answer of Evaluate the following expression for the given...

Question 4

Evaluate to six-figure accuracy:

Accepted Answer

The answer of Evaluate to six-figure accuracy: ...

Question 5

Evaluate to six-figure accuracy:

Accepted Answer

The answer of Evaluate to six-figure accuracy:
 ...

Question 6

Solve for the unknown variable:

Accepted Answer

The answer of Solve for the unknown variable: 
 ...

Question 7

Solve for x and y in the following pair of equations:
Y = -0.2x + 4.2
X - 0.5y = 10

Accepted Answer

A)  x = 11; y = 2 
B)  x = 2; y = 11 
C)  x = 11; y = 6.4 
D)  x = 6.45; y = 2.9 
E)  x = 6.4; y = 11

Question 8

Simplify, collect like terms and maintain 5-figure accuracy:

Accepted Answer

The answer of Simplify, collect like terms and maintain 5-figure...

Question 9

Budget Truck Rentals offers short-term truck rentals consisting of an hourly rate plus a per-kilometre charge. Vratislav paid $54.45 for a two-hour rental during which he drove 47 km. Bryn paid $127.55 for five hours and 93 km driven. What rate did Budget charge per hour and per km?

Accepted Answer

The answer of Budget Truck Rentals offers short-term truck rentals...

Question 10

Evaluate to six-figure accuracy:

Accepted Answer

The answer of Evaluate to six-figure accuracy: ...

Question 11

Evaluate to six-figure accuracy:

Accepted Answer

The answer of Evaluate to six-figure accuracy: ...

Question 12

Use formula (10-1) to obtain PMT if FV = $1508.54, n = 4, and i = 0.05.

Accepted Answer

The answer of Use formula (10-1) to obtain PMT if...

Question 13

Use the formula PV = FV(1 + i)^-n to calculate i if PV = $5167.20, FV = $10,000, and n = 15.

Accepted Answer

The answer of Use the formula PV = FV(1 +...

Question 14

Simplify:

Accepted Answer

The answer of Simplify: ...

Question 15

Simplify the following:

Accepted Answer

A)   
B) 
 
C)   
D)   
E)

Question 16

Solve the following equation: 0.5(x - 3) = 20

Accepted Answer

The answer of Solve the following equation: 0.5(x - 3)...

Question 17

After adding  to a sum of money, the new amount is $45,000.00. What was the original amount of money?

Accepted Answer

A)  $43,987.50 
B)  $44,009.78 
C)  $2,000,000.00 
D)  $46,035.81 
E)  $20,000.00

Question 18

Solve the following equation: 29 - 4y = 2y - 7

Accepted Answer

The answer of Solve the following equation: 29 - 4y...

Question 19

Solve the following pair of equations to three-figure accuracy. Verify your solution.
0.33e + 1.67f = 292
1.2e + 0.61f = 377

Accepted Answer

The answer of Solve the following pair of equations to...

Question 20

Anders has $35,000 to invest. He invested part at 5.5% and part at 7%. His investments earned $2195 total interest for the year. How much did Anders invest at each rate?

Accepted Answer

A)  $17,000; $18,000 
B)  $18,000; $17,000 
C)  $20,000; $15,000 
D)  $15,000; $20,000 
E)  $10,000; $25,000

Exam 2: Review and Applications of Algebra

The retail price of an item is $625.50. This includes a markup of three-quarters of the wholesale cost to the retailer. What is the wholesale cost?

Evaluate to six-figure accuracy:

Evaluate the following expression for the given value of the variables and calculate to the cent: + for P = $470, S = $390, r = 0.075,

Evaluate to six-figure accuracy:

Evaluate to six-figure accuracy:

Solve for the unknown variable:

Solve for x and y in the following pair of equations: Y = -0.2x + 4.2 X - 0.5y = 10

Simplify, collect like terms and maintain 5-figure accuracy:

Budget Truck Rentals offers short-term truck rentals consisting of an hourly rate plus a per-kilometre charge. Vratislav paid $54.45 for a two-hour rental during which he drove 47 km. Bryn paid $127.55 for five hours and 93 km driven. What rate did Budget charge per hour and per km?

Evaluate to six-figure accuracy:

Evaluate to six-figure accuracy:

Use formula (10-1) to obtain PMT if FV = $1508.54, n = 4, and i = 0.05.

Use the formula PV = FV(1 + i)-n to calculate i if PV = $5167.20, FV = $10,000, and n = 15.

Simplify:

Simplify the following:

Solve the following equation: 0.5(x - 3) = 20

After adding to a sum of money, the new amount is $45,000.00. What was the original amount of money?

Solve the following equation: 29 - 4y = 2y - 7

Solve the following pair of equations to three-figure accuracy. Verify your solution. 0.33e + 1.67f = 292 1.2e + 0.61f = 377

Anders has $35,000 to invest. He invested part at 5.5% and part at 7%. His investments earned $2195 total interest for the year. How much did Anders invest at each rate?

Use the formula PV = FV(1 + i)^-n to calculate i if PV = $5167.20, FV = $10,000, and n = 15.