Ch. 6
Kenny bought a new computer for $599.98, a printer for $129.99, and some accessories for $89.45. The sales tax rate is 5% and the local tax is 1%. What was the amount of sales tax Kenny paid and what is the total cost?
Sales: $49.17
Total: $868.59
People who sell cars are paid by a method called __________
commission
How many wings are there to the building?
3 (A,B,C)
Mortgage Loan: $315,000 (Need table)
Interest Rate: 5%
Term: 30 years
$1,691.55
What is the unit price of a dozen apples for $2.59
$.21583 per apple
When you retire or become disabled, you, your spouse, and your dependent children receive monthly benefits
social security
What are the 4 official school colors for the Waukee NW Wolves?
White, Grey, Royal Blue, Black
Jerry is considering buying a new home for $140,000. He must make a 15% down payment. What is the amount of the mortgage loan needed?
$119,000
Gail purchased a 5-gallon can of paint for $48.75 and has a mail-in rebate for $15. What is the final cost of the paint?
$33.75
What is the minimum wage in Iowa?
$7.25
What is the name of the Northwest mascot?
Westey
Ben owns a townhome and has 75% replacement value for insurance. The replacement value cost is $180,000. Find the following
Garage:
Loss of Use:
Personal Property:
Garage: $13,500
Loss of Use: $27,000
Personal Property: $67,500
Nora bought a camera at a sale price of $499.99. The regular price was $549.99. What was the markdown for the product?
$50.00
When getting a new car, this is also referred to as a rental for a set period, typically 2-4 years, instead of buying it outright.
Lease
What are the names of the 3 principals ?
Mr. Ross, Mrs. Pitts, Mr. Heisterman
a) $1,88.67
b) $188.53
c) $279,811.47
Ty bought a watch for $89.59 and a wallet for $18.25 from Dililards. The items are 25% off their original prices. What is the sale price of each item.
Watch: $67.19
Wallet: $13.69
A type of secured loan used to finance the purchase of real estate, such as a home, with the property itself serving as collateral.
Mortgage loan
How many counselors are there at Northwest?
6
The county tax assessor determined market value of a property is $340,000. The rate of assessment in the county is 40% of the market value and the tax rate is 50.73 mills. Calculate a) assessed value, b) tax rate as a decimal, and c) real estate tax.
a) $136,000
b) .05073
c) $6899.28