Questions from Financial Algebra

Q: In September 1997, the average cost for 1 gallon of home

In September 1997, the average cost for 1 gallon of home heating oil in New York City was $1.192 per gallon. By September 2008, it had risen to $4.173 per gallon. (By March 2016, it was down to $2.30....

Q: Air conditioners are rated by BTUs. You learned about BTUs in

Air conditioners are rated by BTUs. You learned about BTUs in Section 7-2, Example 6. One watt-hour is equivalent to 3.413 BTUs per hour. a. How many BTUs per hour are equivalent to a kilowatt-hour?...

Q: Luz has an option of purchasing two different types of washing machines

Luz has an option of purchasing two different types of washing machines. The highly efficient SmartCycle costs $900 and is expected to use $30 per year in electricity. The Clean Master costs $600 and...

Q: For most people, health club membership expenses are considered discretionary.

For most people, health club membership expenses are considered discretionary. All lives in a big city and wants to join a health club. She researched monthly membership costs and found the following...

Q: Debbie buys 400 shares of stock for $23 per share and

Debbie buys 400 shares of stock for $23 per share and pays a 1% commission. She sells them 6 years later for $23.25 per share, and pays a $30 flat fee. Are her net proceeds positive or negative? Expla...

Q: Before the last school year began, it was estimated that the

Before the last school year began, it was estimated that the average discretionary personal expenses each school year for a student attending a 4-year public college were $2,110. This past summer Ashl...

Q: Write the formula for the mean water bill for the entire year

Write the formula for the mean water bill for the entire year using sigma notation and determine that mean. Round your answer to the nearest cent. Monthly Water Bills

Q: Write the formula for the mean water bill for the first 6

Write the formula for the mean water bill for the first 6 months of the year using sigma notation and determine that mean. Round your answer to the nearest cent. Monthly Water Bills

Q: Write the formula for the mean water bill from April through November

Write the formula for the mean water bill from April through November using sigma notation and determine that mean. Round your answer to the nearest cent. Monthly Water Bills

Q: Black Oyster Corp is going out of business. All of the

Black Oyster Corp is going out of business. All of the corporate assets are being sold. The money raised will be split by the stockholders. Which stockholders, the common or preferred, receive money f...