Problem Solving Cycle
The second step of the PSC
What is Analyze?
2/3 * 1/2
What is 1/3?
The discount of a $30 shirt marked 15% off
What is $4.50?
The interest of $1,500 at 2% interest for 7 years
What is $210?
The amount of money you will have in 10 years if you invest $3,000 at 5% compounded quarterly?
What is $4,930.86?
The 5th step of the PSC
What is Assess?
3/2 / 1/4
What is 6?
The dollar amount of the mark-up if a store marks-up its prices by 12% on a $78 pair of shoes
What is $9.36?
The interest of $2,700 at 3% interest for 5 years
What is $405?
The amount of money you will have in 4 years if you invest $8,000 at 5% compounded semiannually?
What is $9,747.22?
Steps 4-7 of the PSC
What is Apply, Assess, Refine/Extend, Report?
5/7 / 3/4
What is 20/21?
The sale price of a $450 TV on sale with a 40% discount
What is $270?
The interest of $4,950 at 1.25% interest for 30 years
What is $1,856.25?
A species of rare birds is slowly becoming extinct, declining at a rate of 4% each year. If there are 12,500 birds of this type now, how many birds will be left in 15 years?
What is 6,776?
All 7 steps of the PSC
What is Identify, Analyze, Strategize, Apply, Assess, Refine/Extend, Report?
3/5 + 3/4
What is 27/20?
Total cost of a $49 pair of pants with a 9% sales tax rate
What is $53.41?
The final balance of $1,200 invested at 3.5% for 5 years
What is $1,410?
The amount of money you will have in 9 months if you invest $4,000 at 1.75% compounded monthly?
What is $4,052.81?
All 7 steps of the PSC backwards
What is Report, Refine/Extend, Assess, Apply, Strategize, Analyze, Identify?
6/7 - 4/5
What is 2/35?
The total cost per person if you and four friends went to dinner and spent $54 on food, paid 8.5% tax and left a 20% tip (before tax)
What is $13.88?
The final balance of $10,265 invested at 2.45% for 25 years
What is $16,552.31?
The population of Smithville has been declining by 8% each year for the past 50 years. If their population was 564 people in 2023, how many people lived in Smithville in 2015?
What is 1,098?