You make $465 a week NET (after taxes), and you want to rent an apartment that costs $2400 per month. Can you afford this apartment?
No. $465 per week would only give you $1860 per month.
100
4+x=15
x=11
100
What is the formula for calculating simple interest?
Principal x Rate x Time
200
what is the mode of the following number set:
7, 2, 4, 4, 7, 4, 4, 2, 1, 1, 1
4
200
Convert 4/12 to a decimal and to a percent.
decimal: .33
percent: 33%
200
Your income is $2000 per month, and your expenses are $1750 per month. What is your disposable income per month?
$250
200
42+5x = 12
x = 10.8
200
A car at Mr. Magoo's dealership costs $2500. You can get a loan at 5% for 3 years. Identify the Principal, Rate, and Time in this interest problem.
Principal = $2500
Rate = 5%
Time = 3 years
300
What is the first step in calculating the median and mode of a number set?
Line up the numbers in order, from smallest to greatest
300
What is .05 as a percent?
5%
300
What is the difference between Gross and Net Income?
Gross = pre (before) taxes
Net = post (after) taxes
300
-12 -15x = 75
-5.8
300
You just charged $500 on one of your credit cards. Your interest rate on this card is 17%, and you will probably pay the card off in 1 year. How much interest will you end up paying?
$85
400
What are the mean, median, and mode of the following number set:
17, 4, 4, 3, 19, 17, 4
Mean: 9.71
Median: 4
Mode: 4
400
What is .04 as a fraction?
4/100, or 2/50
400
You Make $15 per hour, and generally work 32 hours per week. You usually lose approximately 30% of your income to taxes. What is your weekly take home pay?
$336 per week
400
Is the following equation true?
16+4(3) = 24-2(9)
No
400
Principal = $200
Rate = 10%
Time = 1 year, 6 months
Set up this simple interest problem
$200 * .10 * 1.5 or, 1 and 6/12 or, 1 and 1/2 months
500
What type of average calculation is used most often?
The Mean average
500
What is .2 as a fraction, and as a percent?
2/10, or 1/5
20%
500
Your annual gross pay is $47000 per year. Your rent costs $2200 per month. Your groceries cost you $400 per month. Other expenses total $325. After all of your expenses, what is your disposable income?
$991.66
500
17x-42=97
8.18
500
Calculate simple interest on the following:
Initial purchase amount = $425
Rate = 2%
Time = 4 months