Question 1

Use the formula Vf = Vi(1 + c1)(1 + c2)(1 + c3) to determine c2 if Vf = $586.64, Vi = $500, c1 = 0.17, and c3 = 0.09.

Accepted Answer

The answer of Use the formula Vf = Vi(1 +...

Question 2

Solve each of the following pairs of equations to three-figure accuracy.

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The answer of Solve each of the following pairs of...

Question 3

Rearrange the formula FV = PV(1 + i₁)(1 + i₂) to isolate i₁.

Accepted Answer

The answer of Rearrange the formula FV = PV(1 +...

Question 4

Yellowknife Mining sold 34,300 oz of gold in 1992 at an average price of $320 per ounce. Production was down to 23,750 oz in 1993 because of a strike of the miners, but the average price obtained was $360 per ounce. What was the percent change from 1992 to 1993 in:
a) The amount of gold produced?
b) The average selling price per ounce?
c) The revenue from the sale of gold?

Accepted Answer

The answer of Yellowknife Mining sold 34,300 oz of gold...

Question 5

Nguyen fishes for red snapper and lingcod off the coast of British Columbia, and delivers his catch each week to a fish buyer. On one delivery, he received $2454.20 for 370 kg of red snapper and 264 kg of lingcod. On another occasion he was paid $2124.70 for 304 kg of lingcod and 255 kg of red snapper. What price per kg was Nguyen paid for each type of fish?

Accepted Answer

The answer of Nguyen fishes for red snapper and lingcod...

Question 6

Deanna is paid a base salary plus commission. On sales of $27,000 and $35,500 in two successive months, her gross pay was $2815.00 and $3197.50, respectively. What are her base salary and commission rate (in percent)?

Accepted Answer

The answer of Deanna is paid a base salary plus...

Question 7

Simplify:

Accepted Answer

The answer of Simplify: ...

Question 8

Simplify:

Accepted Answer

The answer of Simplify: ...

Question 9

Simplify:

Accepted Answer

The answer of Simplify: ...

Question 10

Simplify:

Accepted Answer

The answer of Simplify: ...

Question 11

Simplify:

Accepted Answer

The answer of Simplify: 
 ...

Question 12

Simplify:

Accepted Answer

The answer of Simplify:
 ...

Question 13

Evaluate:
  for R = $1200, i = 0.02, n = 6

Accepted Answer

The answer of Evaluate:
  for R = $1200, i...

Question 14

Simplify:

Accepted Answer

The answer of Simplify: ...

Question 15

Simplify:

Accepted Answer

The answer of Simplify:
 ...

Question 16

Simplify:

Accepted Answer

The answer of Simplify: ...

Question 17

Solve for the unknown variable:

Accepted Answer

The answer of Solve for the unknown variable:
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Question 18

Solve for the unknown variable:

Accepted Answer

The answer of Solve for the unknown variable: 
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Question 19

Solve for the unknown variable:

Accepted Answer

The answer of Solve for the unknown variable:
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Question 20

Solve for the unknown variable:

Accepted Answer

The answer of Solve for the unknown variable: ...

Quiz 2: Review and Applications of Algebra

Use the formula Vf = Vi(1 + c1)(1 + c2)(1 + c3) to determine c2 if Vf = $586.64, Vi = $500, c1 = 0.17, and c3 = 0.09.

Solve each of the following pairs of equations to three-figure accuracy.

Rearrange the formula FV = PV(1 + i1)(1 + i2) to isolate i1.

Deanna is paid a base salary plus commission. On sales of $27,000 and $35,500 in two successive months, her gross pay was $2815.00 and $3197.50, respectively. What are her base salary and commission rate (in percent)?

Simplify:

Simplify:

Simplify:

Simplify:

Simplify:

Simplify:

Evaluate: for R = $1200, i = 0.02, n = 6

Simplify:

Simplify:

Simplify:

Solve for the unknown variable:

Solve for the unknown variable:

Solve for the unknown variable:

Solve for the unknown variable:

Rearrange the formula FV = PV(1 + i₁)(1 + i₂) to isolate i₁.