21 Chapters
TEST-BANK for
Business Math
11th Edition
Author(s): Cleaves, Hobbs, Noble
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Sample Questions
  • Georgia agrees to lend money to Matt at a special interest rate of 8.5% per year, on the condition ...
  • Andrea Bach earned $5032 last year. Her employer's SUTA tax rate is 5.4% of the first $7000. How ...
  • Find the maturity value on a $6747 face-value note for 248 days if the discount rate is 10%.
  • Edgar borrowed $8200 on a 220-day note that required ordinary interest at 10.4%. Edgar paid $3000 on ...
  • How much interest will have to be paid on a loan of $50,423 for 18 months at a simple interest rate ...
  • An invoice in the amount of $290.00 with credit terms of 3/10, EOM is dated April 27. If it is paid ...
  • The effective rate of a transaction can be calculated by dividing the interest for one year by the principal.
  • When writing the verbal amount on a check, the decimal position is represented by the word "dot."
  • Pat's Deli makes onion buns that cost $.48 each. 10 percent of the onion buns will spoil and be ...
  • The list price of a keyboard is $681. If the trade discount series offered is 5/10/25, find the net ...
  • Solve the problem.Chelsea Donahue has a 20-year home mortgage of $71,000 at 7.50% interest and will ...
  • Central Airlines offers a trade discount series of 35/20/5 for frequent flyers. If a round-trip ...
  • The store where Anna-Marie is a salesperson offers a trade discount series of 15/10 on any clothes ...
  • The list price of a car is $5750. It is available at either a 15/20/5 or a 25/30 trade discount ...
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