8.1-8.2 Quizizz

Jessica's financial advisor believes that she should spend no more than 28% of her gross monthly income for housing. she has determined that amount is $1,400 per month. Based on this amount and her advisor's recommendation, what is Jessica's annual salary?

• $60,000

• $65,000

• $70,000

• $63,000

A rectangular room measures 18 feet by 25 feet. It is going to be carpeted with carpeting that sells for $8.45 per square foot.

(a) What is the area of the room in square feet?

• 455 sq feet

• 450 sq feet

• 500 sq feet

• 550 sq feet

A rectangular room measures 18 feet by 25 feet. It is going to be carpeted with carpeting that sells for $8.45 per square foot.

(b) If the room is drawn to a scale of 1/4 in represents 1 foot, give the dimensions of the room in inches on the scale drawing.

• 4.5 by 6.5

• 4.25 by 6.25

• 4.5 by 6.25

• 4.25 by 6.25

A rectangular room measures 18 feet by 25 feet. It is going to be carpeted with carpeting that sells for $8.45 per square foot.

(c) This room is well-insulated and on the south side of the house. It has an 8-foot-high ceiling. How large an air conditioner would this room require? Round to the nearest thousand BTUs.

• 10,500 BTUs

• 10,000 BTUs

• 12,000 BTUs

• 11,000 BTUs

Ivana Chase has a gross bimonthly income of $2900. She pays 16% in federal and state taxes, puts aside 12% of her income to pay off her student loan, and puts 5% of her income aside for savings. She is considering an apartment that will rent for $1700 per month.

(a) Does this monthly rental fee fall within the recommended 25-30% housing expense range?

• Yes

• No

Ivana Chase has a gross bimonthly income of $2900. She pays 16% in federal and state taxes, puts aside 12% of her income to pay off her student loan, and puts 5% of her income aside for savings. She is considering an apartment that will rent for $1700 per month.

(b) Based on her expenses, how much will remain after she pays for the rent and other expenses?

• $2,887

• $2,186

• $3045

• $2,224

The square footage and monthly rental of 15 similar two-bedroom apartments in Martha's Cove yield the following linear regression formula: y=1.137x+598.98 where x represents the square footage of the apartment and y represents the monthly rental price.

Use the formula to determine the monthly rent for an apartment that has 1800 square feet.

• $1,984.33

• $2,784.23

• $2,857.99

• $2,645.58

Elizabeth is moving and has been quoted a flat fee for the truck rental and has two estimates for wages for the movers depending on her needs and when she moves.

Weekday move: 5 hours (loading/unloading), 4 hours (packing/unpacking) TOTAL COST: $730

Weekend move: 4 hours (loading/unloading), 5 hours (packing/unpacking) TOTAL COST $710

The moving company charges a set hourly moving team rate for loading/unloading and a different set hourly rate for packing/unpacking. Determine the hourly rates.

• $70 (loading/unloading), $95 (packing/unpacking)

• $80 (loading/unloading), $95 (packing/unpacking)

• $95(loading/unloading), $65 (packing/unpacking)

• $70 (loading/unloading), $65 (packing/unpacking)

Rachel is considering moving into a one-bedroom apartment in Glen Gardens. The apartment has a monthly rent of $1300. She has been quoted the following fees: Application Fee (2% of one month's rent), Credit application fee ($10), Security Deposit (1 month's rent), Last Month's Rent, and Broker's Fee (12% of one year's rent).

How much is she expected to pay up front in order to rent the apartment?

• $5,678

• $5,808

• $6,983

• $5998

The square footage and monthly rental of 10 similar one-bedroom apartments yield the linear regression y=0.775x+950.25, where x represents the square footage of the apartment and y represents the monthly rental price. Grace can afford $1500 per month rent.

Using the equation, what size apartment should she expect to be able to rent for that price?

• about 718 square feet

• about 698 square feet

• about 750 square feet

• about 709 square feet