Math Apps Final Exam Practice

Tami is a librarian and makes 10.25 per hour. If she regularly works 38 hours per week, what is her weekly gross pay?

• $389.50

• $48.25

• $584.25

• $400.25

Darius waited on 15 tables, and the total bill from all these tables was $4975.00. Waiters typically earn 15% in tips. How much did Mike make in tips?

• $575.25

• $497.50

• $746.25

• $731.25

Examine the check in the image. If you are writing a check to South Western High School for $25.00 to pay for graduation goodies, in which place woud you put the words "Twenty five dollars and 0/100"?

• A

• B

• C

• D

• E

Kari deposits $5,830 in an account that pays 3.9% simple interest. She keeps the money in the account for five years without any deposits or withdrawals. How much is in the account after five years?

• $1,136.85

• $6,966.85

• $11,368.50

• $29,150

A breakfast cereal comes in two different sized packages. The 18-ounce box costs $4.50, while the 33-ounce box costs $7.50. Which box is the better buy? Find the cost per unit and determine which is cheaper per ounce. Select ALL that are TRUE.

• The cost of the 18 ounce box is $0.25 per ounce.

• The cost of the 33 ounce box is $0.31 per ounce

• The 18 ounce box is the best buy

• The 33 ounce box is the best buy.

Find the sale price if a 65-inch television for $1,150 is on sale at 25% off (nearest penny)

• $1,125.00

• $1,322.50

• $862.50

• $287.50

Find the price of a Dell Inspiron laptop that costs $600. It is on sale for 10% off, and then include 6% sales tax. Calculate the sale price before finding sales tax.

• $485.90

• $490.50

• $550.87

• $572.40

Find the finance charge on a credit card account for the month of June (30 days). The average daily balance is $1,380. The annual interest rate is 24%. Assume there are 365 days in the year.

• $33.85

• $27.22

• $127.50

• $43.95

You decide to lease a 2018 Honda Civic that has a MSRP for $34,900. You managed to negotiate the price down to $32,000. The money factor is .0027 and the leasing company has predicted the residual value to be $25,128 at the end of 36 months. Select ALL that are TRUE.

• The capitalized cost is $32,000.

• The depreciation cost is $190.89

• The interest is $147.87

• The sales tax is $20.33

• The lease payments each month is:

  $365.85

Use the 20-10 rule: Donatella’s take-home pay is $6,500 per month. Select ALL that are TRUE.

• Donatella can afford to borrow up to $15,600.00

• Donatella can afford to borrow up to $1,300.00

• Donatella's monthly payments on debt should not go over $350.00

• Donatella's monthly payments on debt should not go over $650.00