Conversions
23% to a decimal
0.23
Junior bought a shirt for $20. The sales tax is 7.6%. What amount of sales tax will be charged?
$1.52
How do you calculate simple interest?
I = prt
Savings account
Asset
15/100 to percent
15%
A pair of jeans was originally priced at $86 and was on sale for $32. Set up a proportion on how to calculate the percent discount.
x/100 = 32/86
Principal (P) = 1500, Rate (r) = 7%, Time (t) = 8 years. Calculate the Interest.
$840
Student Loans
Liability
3.67 to a percent
367%
$93.49
Jose deposits $1500 of his tax refund into an account that earns simple annual interest.
How much interest will his account earn after 6 years at an annual interest rate of 4%?
$360
Credit Card Debt
Liability
28/100 to decimal
0.28
Lilah opened a savings account in the beginning of March with $33.00. 2 weeks later, she added $5 to her account. Her savings account grows 4.6% each month. How much money does Lilah have by December?
$17.48
Which item doesn't match?
Credit card balance
Student loans
Checking account
Car loan
Mortgage
Checking account
3.6% to a decimal
0.036
Tabitha begins saving for college tuition. She invests $1,000 in an account that pays
2.5% simple interest. How many years before his account has reached $1,500?
20 years
Frank has a checking and savings account that totals $37,000 and a home that has a current value of $78,000. He has $12,000 in credit card debt, $1900 in student loans, and a car loan of $8675. What is his net worth?
$92425