Summer School Assignment #3

• 7

• 9

• 0

• 3.333

The diagram shows the graph of a straight line passing through the points A and B. Determine the coordinates of the mid-point of the line segment AB.

• 7

• 0

• 3

• 14

Irma's take-home pay is $4,320 per fortnight (every two weeks). What is Irma's annual take-home pay? (Assume she works 52 weeks in any given year).

• $224,640

• $112,320

• $51,840

• $8,640

Irma's take-home pay is $4,320 per fortnight (every two weeks). Each fortnight Irma's pay is allocated according to the table in the image. Determine the amount of money that Irma allocates for rent each month.

• $1,294

• $647

• $1,000

• $2,588

Irma's take-home pay is $4,320 per fortnight (every two weeks). Each fortnight Irma's pay is allocated according to the table in the image. All of Irma's savings is used to pay her son's university tuition cost, which is $150,000.

If Irma's pay remains the same and she saves the same amount each month, what is the MINIMUM number of years that she must work in order to save enough money to cover her son's tuition cost?

• 3 years

• 4 months

• 4 years

• 1 year

Thomas invested $1,498 at 6% simple interest per annum. Calculate the interest, in dollars, earned after 6 months.

• $50

• $89.88

• $539.28

• $44.94