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Question Number 1 (one). Naiela received a 125-days promissory note for $20,202 which is matured on 7th august 2014 with a simple interest rate of 5.8% per annum. She later discounted the note 66 days before the maturity date and obtained $20,176.48. Find; (a) the date of the note (b) the maturity value (c) the bank discount (d) the bank discount rate Question Number 2 (two). Malim bought a computer listed at $9,808 cash through an installment plan. He paid $3,456 as down payment. The balance was settled by making 14 monthly payments. If the interest charge was 14% per annum on the original balance, find; (a) the total interest charged (b) the monthly payment (c) the instalment price Question Number 3 (three). A laptop is purchased for $1,850. Operating expenses amount to 8.5% of the cost. if the retailer wants a 9.5% net profit based on the retail, find; (a) the retail price (b) the gross profit (c) the net profit (d) the breakeven price (e) the maximum markdown percent that can be offered so that no loss is incurred.
Letting x denote the length of one side of the base, find a function in the variable x giving the cost (in dollars) of constructing the box.
A building is 479 feet tall. For a class project, Kari is to make a scale model of the building to place in the front hall display case. The display case is 21 inches tall. Which scale will allow her to make the tallest model that will fit in the ..
the dimensions of a certain computer monitor screen are such that its length is 2 inches more than its width.If the length is increased by 1 inch while the width remains the same,the area is increased by 14 square inches. What are the dimensions o..
the cost of the fencing parallel to the stream is $15 per foot installed , and installed . Find the dimensions of the maximum enclosed area
After getting a 15% discount on the price of a new chrysler sebring convertible, Helen paid $27,000. What was the original price of the convertible to te nearest dollar?
A recent poll found that 30% of those surveyed are worried about aggressive drivers on the road. If three people are selected at random, what is the probability that all three will be worried about aggressive drivers on the road?
Suppose that the number of homes built can be modeled by an exponential function, H= p * at , (H = p*a^t) where p is the number of new homes built in the first year recorded, and t is the number
train A travels at a speed of 40mph and train B travels at a speed of 60mph. Train A passes the station at 1:25, at what time will train a catch up to train B
A dam with a vertical face has a gate that is in the shape of an isosceles triangle 3 ft wide at the top and 2 ft high. The upper edge of the gate is 10 ft below surface of the water. Find the total force on the gate due to water pressure. Water w..
Calculating the local maximum and minimum.
A mortgage at 9% interest compounded monthly with a monthly payment of $1125 has an unpaid balance of $10,000 after 350 months. Find the unpaid balance after 351 months.
A population of animals oscillates sinusoidally between a low of 500 on Janary 1 and a high of 700 on July 1. Graph the population against time. Find a formula for the population P as a function of time, t, measured in months since the start of th..
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