Questions from Financial Algebra

Q: In February, Robbins and Myers Inc. executed a 2-

In February, Robbins and Myers Inc. executed a 2-for-1 split. Janine had 470 shares before the split. Each share was worth $69.48. a. How many shares did she hold after the split? b. What was the po...

Q: Write the sigma notation mean formula for the consecutive 3-month

Write the sigma notation mean formula for the consecutive 3-month period that would have the highest mean of the year. Monthly Water Bills

Q: Hector had y dollars in his savings account. He made a

Hector had y dollars in his savings account. He made a deposit of $20 bills and 1-dollar coins. He had four times as many $1 coins as he had $20 bills and the total of his $20 bills was $60. Write an...

Q: Download a copy of the check register shown below from www.

Download a copy of the check register shown below from www.cengage.com/ financial_alg2e. Complete items a through z.

Q: Gary and Ann have a joint checking account. Their balance at

Gary and Ann have a joint checking account. Their balance at the beginning of October was $9,145.87. During the month they made deposits totalling $2,783.71, wrote checks totalling $4,871.90, paid a m...

Q: Ridgewood Savings Bank charges a $27 per check overdraft protection fee

Ridgewood Savings Bank charges a $27 per check overdraft protection fee. On July 8, Nancy had $1,400 in her account. Over the next 4 days, the following checks arrived for payment at her bank: July 9,...

Q: 123 Savings and Loan charges a monthly fee of $8 on

123 Savings and Loan charges a monthly fee of $8 on checking accounts and an overdraft protection fee of $33. Neela’s check register showed she had a balance of $456 when she wrote a check for $312. T...

Q: Sal bought x shares of a stock that sold for $23

Sal bought x shares of a stock that sold for $23.50 per share. He paid a 1% commission on the sale. The total cost of his investment, including the broker fee, was $3,560.25. How many shares did Sal p...

Q: Lillian purchased a violin from Smash Music Stores. It regularly sold

Lillian purchased a violin from Smash Music Stores. It regularly sold for $670, but was on sale at 10% off. She also had to pay 8% sales tax. She bought it on an installment plan and paid 15% of the t...

Q: Neka cashed a check for $245. The teller gave him

Neka cashed a check for $245. The teller gave him two $50 bills, six $20 bills and f $5 bills. Determine the value of f.