Consumer math Semester 1 review

Front

What is the formula to calculate the area of a rectangle?

Back

Area = length × width.

Front

If a carpet measures 12 ft by 14 ft, what is its area?

Back

168 square feet.

Front

How do you calculate the cost of binding a carpet?

Back

Cost = Area × Cost per square foot.

Front

What is the cost of binding a carpet that has an area of 168 square feet at $1.25 per square foot?

Back

$210.00.

Front

What is the formula for calculating simple interest?

Back

Simple Interest = Principal × Rate × Time.

Front

If Claire deposited $1,800 at a 2.5% interest rate for 12 years, how much interest did she earn?

Back

$540.

Front

What is the total pay for working 51 hours at a rate of $14.00 per hour?

Back

$714.00.

Front

What is overtime pay?

Back

Overtime pay is typically calculated at a higher rate for hours worked beyond a standard workweek.

Front

How do you find the balance of a checking account after transactions?

Back

Balance = Previous balance + Deposits - Withdrawals.

Front

What is the area of a poster board that is 3 feet long and 4 feet wide?

Back

12 square feet.