Contemporary Mathematics for Business and Consumers

7th Edition

ISBN: 9781285189758

Author: Robert Brechner, George Bergeman

Publisher: Cengage Learning

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Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 …

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experime…

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Textbook Question

Chapter 18.II, Problem 20RE

BUSINESS DECISION: EARLY PAYMENT, LATE PAYMENT

You own an a townhome with an assessed value of $185,400. The tax rate is $2.20 per $100 of assessed value.

a. What is the amount of property tax?

b. If the state offers a 4% discount for early payment, how much would the tax bill amount to if you paid early?

c. If the state charges a mandatory 3 1 2 % penalty for late payments, how much would the tax bill amount to if you paid late?

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Chapter 18.II, Problem 19RE

Chapter 18.III, Problem 10TIE

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Chapter 18 Solutions

Contemporary Mathematics for Business and Consumers

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Solution Summary: The author calculates the property tax if the hometown has an assessed value of 185,400 and the tax rate is 2.2 per 100.

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Chapter 18 Solutions