Unit 3: Purchasing Decisions
Calculate the after-tax cost of socks worth $13.99.
$15.81
State the formula for simple interest.
I = Prt
What are the 3 main options you have when you want to get a car?
Buy new, buy used, lease
12x12
144
What is the before-tax cost of jeans that are $52, if they are 30% off?
$36.40
Calculate the simple interest earned on an investment of $1200, at 6% interest for 12 months.
$72 interest
What is the after-tax cost a new car that is $23, 000? Add the safety standards certificate for $20.
$26 010
3+4x5=
23
Calculate the unit price of each can:
$4.99 for 12 cans of soup
$0.42 per can
What is the total amount of a simple interest investment of $3000, earning 8.8% interest for 6 years?
$4584
Calculate the new value of a car worth $21, 900 if it depreciates by 18% this year.
$17 958
If I have x2=25, what is x equal to?
5
I bought running shoes in Buffalo for $129 USD. If the exchange rate is 1 USD = 1.27 CAD, how much did I pay in Canadian dollars?
$163.83 CAD
How long will it take $3200 to earn $1000 interest at 2.4% simple interest?
13 years
How many litres of gas are needed to travel 715 km if a vehicle uses 9.8L/100km?
70.07 litres
Solve for x:
2x - 4 = 24 + 2
15
I bought a couch for $3800. If I got 15% off, how much do I pay with tax added on?
$3649.90
Calculate the future value of a compounding interest investment of $4500, earning 5% interest, compounded semi-annually, for 4 years.
$4727.81
How many litres of gas can be purchases with $45 if gas is currently $1.21 per litre?
37.19 litres
Mr. Jacob's age is an even number, divisible by 6, 8, and 12. What is his age?
24