Suppose you have a carpenter who earns $25.50 per hour. He is given an 8% raise. How much will he earn after his raise?          $27.54         $28.75         $23.25         $31.50

Q: A store pays $45 for a jacket and then sells it to a customer for $85.50. What is the percent of…

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Q: A person buys a boat for $32,750. The boat loses value at a rate of 4.2% per year. What will the…

A: Given: The boat price is(Amount)=$32,750 Rate of interest(loses value)=4.2% To find: The value of…

Q: $1,000 at 8% for 5 years?

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Q: What 999,000% of $20=

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Q: You owe $2300 on a credit card with 21% APR if you pay $80 a month, how long will it take you to pay…

A: Formula for the loan amortization is  A=Pi(1+i)n(1+i)n-1 where A=periodic payment P=loan amount…

Q: A laptop computer is purchased for $1100. After each year, the resale value decreases by 30%. What…

A: We have to find the resale value of the laptop after 3 years.

Q: a store buys a jacket for $20.00 and then sells it to customers for 80% more than that what is the…

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Q: 8) If Julio earns $30,000 for the rst year at his job, and he receives a 5% raise each year, how…

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Q: An exercise machine with an original price of $810 is on sale at 24 % off. What is the exercise…

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Q: Pretend that you buy a $200 dollar stock. A. If the price goes up 10% on Monday, up 5% on Tuesday,…

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Q: A man wants to set up a 529 college savings account for his granddaughter. How much would he need to…

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Q: If there is 24% increase on a $39 item, then how much is the new cost for next year? Round to the…

A: The objective of this question is to find out the new cost of an item after a 24% increase on its…

Q: ou purchase 480 shares of stock at $37.60 per share. Several months later you sell the shares at…

A: Given problem is : You purchase 480 shares of stock at $37.60 per share. Several months later you…

Q: Don buys a car for $22,500. Don gets a loan for a year with an interest rate of 3% per year. How…

A: Using simple interest formula,

Q: An investor deposits 3,500 into an account paying 8% compunded semiannually. Two years later she…

A: Here we find compound money upto 7 year.

Q: A $100.00 check that is cashed at a rate of $7.00, at what rate did you cash it?

A: Given that: Fee paid to cash a $100 = $7

Q: After retiring, you want to be able to take $1000 a month for a total of 15 years from your…

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Q: A business analyst starts at $45,000. She receives a 5% raise at the end of each year. What is her…

A: P=$45000Rate = R= 5% =0.05Time=t=6 years

Q: Find the total amount in Mr. G’s account, if he invests $9000 for 5 years at a 6% interest rate.  A.…

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Q: A friend lends you $490, which you agree to repay with 7% interest. How much will you have to repay?…

A: Solution