Semester Exam Review Part 1

Problem Solving Cycle

100

What is the 2nd step of the problem solving cycle?

Analyze

300

What is the 5th step of the problem solving cycle?

Assess

500

Name steps 3-6 of the problem solving cycle

Strategize, Apply, Assess, Refine/Extend

Fractions

100

2/3 + 2/5

16/15

300

4/5 * 3/4

3/5

500

6/7 divided by 2/3

9/7

Tax, Tip, & Discount

100

In a department store, a $40 dress is marked, "Save 25%." What is the discount?

$10

300

In a store, a $500 bicycle is marked "Get a 30% discount." What is the sale price?

$350

500

If the sales tax rate is 7.25%, how much would you pay for a pair of shoes that cost $39?

$41.83

Interest

100

What will the interest be for $700 invested at 3% for 3 years?

$63

300

How much money will you have in 8 years if you invest $4,000 at 3.5% compounded quarterly?

$5,286.08

500

How much money will you have in 6 months if you invest $1,000 at 3% compounded monthly?

$1,015.09