by nathanael86 » Mon Mar 12, 1973 10:40 pm
18. Your parents have $2,745.69 on a credit card with a 12.75% APR. They miss their minimum payment and there is a late fee of $29.00. How much is their balance at the beginning of the second month? (1 point)$3,095.77
$2803.86
$3,128.46
$2,774.69
19. The total sale price for purchase at one store is $268.97. The total sale price at another store is $240.95. You have an additional 10% off coupon for the second store for purchases over $200.00. How much more would you save by shopping at the second store? (1 point)$1.12
$32.12
$28.02
$52.12
20. You are paid $7.25/hour. You work 40 hours/week for 2 weeks. Your involuntary deductions are FICA (7.65%), federal withholding (14%), and state withholding (7%). How much is your realized income? (1 point)$290.00
$206.91
$580.00
$413.83
21. The original cost of a pair of jeans is $26.49. You buy 3 pairs. The jeans are on sale for 25% off and there is a 4.75% sales tax. How much will you pay? (1 point)$62.43
$59.60
$83.24
$79.47
22. You have 105 cowry shells. If a dozen eggs (12 eggs) cost 10 cowry shells, how many eggs can you purchase? (1 point)12 dozen
8 dozen
10 dozen
5 dozen
23. You buy 2 gallons of milk at $3.29/gallon, 4 gallons of ice cream at $3.59/gallon, and 5 lbs of strawberries at $0.72/lb. Food sales tax is 3.75%. What is your total cost? (1 point)$24.54
$25.46
$33.74
$7.89
24. If you have 13% withheld for federal taxes, 9% for state taxes, and FICA is 7.65%, how much are your involuntary withholdings in all if your gross pay was $2,785.00 and your net income was $1,794.23? (1 point)$990.77
$1,959.25
$825.75
$531.99
25. Your parents have a credit card with a balance of $2,748.56. The interest rate is 10.5% APR. A late payment fee of $40.00 is added to the principal if they pay after 6/1. They make a payment for $300.00 on 6/1. How much interest did they pay? (1 point)$24.05
$288.60
$24.40
$297.00
26. You order an appetizer for $12.99, 2 entrees for $12.99 each, and a dessert for $4.29. The sales tax is 6% and you leave a 15% tip based on the bill with sales tax. What is the total cost of your restaurant outing? (1 point)$44.32
$50.97
$43.26
$52.74
27. You purchase 9.25 gallons of gasoline at $3.15/gallon. You also buy gum ($1.10) and windshield wiper fluid ($4.97). The state has a food tax of 4% and you give the clerk $30.00 cash. How much is charged to your debit card? (1 point)$35.21
$5.21
$35.25
$5.25
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nathanael86
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- Posts: 459
- Joined: Tue Mar 22, 2011 12:29 am
by bardulph » Sat Dec 24, 2011 1:33 am
18. Your parents have $2,745.69 on a credit card with a 12.75% APR. They miss their minimum payment and there is a late fee of $29.00. How much is their balance at the beginning of the second month? (1 point)$3,095.77
$2803.86
$3,128.46
$2,774.69
19. The total sale price for purchase at one store is $268.97. The total sale price at another store is $240.95. You have an additional 10% off coupon for the second store for purchases over $200.00. How much more would you save by shopping at the second store? (1 point)$1.12
$32.12
$28.02
$52.12
20. You are paid $7.25/hour. You work 40 hours/week for 2 weeks. Your involuntary deductions are FICA (7.65%), federal withholding (14%), and state withholding (7%). How much is your realized income? (1 point)$290.00
$206.91
$580.00
$413.83
21. The original cost of a pair of jeans is $26.49. You buy 3 pairs. The jeans are on sale for 25% off and there is a 4.75% sales tax. How much will you pay? (1 point)$62.43
$59.60
$83.24
$79.47
22. You have 105 cowry shells. If a dozen eggs (12 eggs) cost 10 cowry shells, how many eggs can you purchase? (1 point)12 dozen
8 dozen
10 dozen
5 dozen
23. You buy 2 gallons of milk at $3.29/gallon, 4 gallons of ice cream at $3.59/gallon, and 5 lbs of strawberries at $0.72/lb. Food sales tax is 3.75%. What is your total cost? (1 point)$24.54
$25.46
$33.74
$7.89
24. If you have 13% withheld for federal taxes, 9% for state taxes, and FICA is 7.65%, how much are your involuntary withholdings in all if your gross pay was $2,785.00 and your net income was $1,794.23? (1 point)$990.77
$1,959.25
$825.75
$531.99
25. Your parents have a credit card with a balance of $2,748.56. The interest rate is 10.5% APR. A late payment fee of $40.00 is added to the principal if they pay after 6/1. They make a payment for $300.00 on 6/1. How much interest did they pay? (1 point)$24.05
$288.60
$24.40
$297.00
26. You order an appetizer for $12.99, 2 entrees for $12.99 each, and a dessert for $4.29. The sales tax is 6% and you leave a 15% tip based on the bill with sales tax. What is the total cost of your restaurant outing? (1 point)$44.32
$50.97
$43.26
$52.74
27. You purchase 9.25 gallons of gasoline at $3.15/gallon. You also buy gum ($1.10) and windshield wiper fluid ($4.97). The state has a food tax of 4% and you give the clerk $30.00 cash. How much is charged to your debit card? (1 point)$35.21
$5.21
$35.25
$5.25
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bardulph
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- Posts: 433
- Joined: Tue Mar 22, 2011 1:00 am
by arvin » Sat Dec 24, 2011 1:34 am
18. Your parents have $2,745.69 on a credit card with a 12.75% APR. They miss their minimum payment and there is a late fee of $29.00. How much is their balance at the beginning of the second month? (1 point)$3,095.77
$2803.86
$3,128.46
$2,774.69
19. The total sale price for purchase at one store is $268.97. The total sale price at another store is $240.95. You have an additional 10% off coupon for the second store for purchases over $200.00. How much more would you save by shopping at the second store? (1 point)$1.12
$32.12
$28.02
$52.12
20. You are paid $7.25/hour. You work 40 hours/week for 2 weeks. Your involuntary deductions are FICA (7.65%), federal withholding (14%), and state withholding (7%). How much is your realized income? (1 point)$290.00
$206.91
$580.00
$413.83
21. The original cost of a pair of jeans is $26.49. You buy 3 pairs. The jeans are on sale for 25% off and there is a 4.75% sales tax. How much will you pay? (1 point)$62.43
$59.60
$83.24
$79.47
22. You have 105 cowry shells. If a dozen eggs (12 eggs) cost 10 cowry shells, how many eggs can you purchase? (1 point)12 dozen
8 dozen
10 dozen
5 dozen
23. You buy 2 gallons of milk at $3.29/gallon, 4 gallons of ice cream at $3.59/gallon, and 5 lbs of strawberries at $0.72/lb. Food sales tax is 3.75%. What is your total cost? (1 point)$24.54
$25.46
$33.74
$7.89
24. If you have 13% withheld for federal taxes, 9% for state taxes, and FICA is 7.65%, how much are your involuntary withholdings in all if your gross pay was $2,785.00 and your net income was $1,794.23? (1 point)$990.77
$1,959.25
$825.75
$531.99
25. Your parents have a credit card with a balance of $2,748.56. The interest rate is 10.5% APR. A late payment fee of $40.00 is added to the principal if they pay after 6/1. They make a payment for $300.00 on 6/1. How much interest did they pay? (1 point)$24.05
$288.60
$24.40
$297.00
26. You order an appetizer for $12.99, 2 entrees for $12.99 each, and a dessert for $4.29. The sales tax is 6% and you leave a 15% tip based on the bill with sales tax. What is the total cost of your restaurant outing? (1 point)$44.32
$50.97
$43.26
$52.74
27. You purchase 9.25 gallons of gasoline at $3.15/gallon. You also buy gum ($1.10) and windshield wiper fluid ($4.97). The state has a food tax of 4% and you give the clerk $30.00 cash. How much is charged to your debit card? (1 point)$35.21
$5.21
$35.25
$5.25
18. Your parents have $2,745.69 on a credit card with a 12.75% APR. They miss their minimum payment and there is a late fee of $29.00. How much is their balance at the beginning of the second month? (1 point)$3,095.77
$2803.86
$3,128.46
$2,774.69
Balance =
2745.69 + 2745.69(0.1275)/12 + 29 =
2745.69 + 29.17 + 29 =
$2803.86
One question at a time.
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arvin
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- Posts: 444
- Joined: Tue Mar 22, 2011 4:00 am
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