Questions from Financial Algebra

Q: An author writes a computer self-help manual that sells for

An author writes a computer self-help manual that sells for x dollars each. He received a bonus of $1,000 to sign with his publisher, and he receives 10% commission on each book sale. Express the tota...

Q: Businesses deposit large sums of money into bank accounts. Imagine an

Businesses deposit large sums of money into bank accounts. Imagine an account with $10 million in it. a. How much would the account earn in 1 year of simple interest at a rate of 2.12%? Round to the...

Q: Use the change-of-base formula to write the given

Use the change-of-base formula to write the given logarithm as a quotient of common logs. a. log5 200 b. logx y c. logw 8 d. log9 z e. ln y

Q: Jim received a total piecework paycheck of $291.81.

Jim received a total piecework paycheck of $291.81. He receives 71 cents per unit produced. How many units did he produce?

Q: Paula is a freelance graphic artist who makes book covers for paperback

Paula is a freelance graphic artist who makes book covers for paperback novels. She is paid $500 per cover she creates. Last week it took her 36 hours to draw four covers. Based on this, what is her a...

Q: Jake and Gloria are married, filing jointly. Their taxable income

Jake and Gloria are married, filing jointly. Their taxable income without deductions was $120,440. They were able to reduce their total income by $25,381 using Form 1040 and Schedule A. How much did t...

Q: Identify the error(s) on Rorie’s W-2 form

Identify the error(s) on Rorie’s W-2 form at the right. For each exercise, complete the indicated forms to find the amount of refund or amount owed. Round all answers to the nearest...

Q: Jean’s Jeans pays its sales staff a commission of 4% of

Jean’s Jeans pays its sales staff a commission of 4% of the first $1,000 in sales and 6% of the balance of sales, plus a weekly salary. If a salesperson sold x dollars of clothing and x . $1,000, expr...

Q: Gabe contributes 15% of the total cost of the individual health

Gabe contributes 15% of the total cost of the individual health care coverage his company offers. He pays $28.80 per week toward this contribution. What is the total value of Gabe’s health care covera...

Q: Anton works at First National Bank. His employer offers him a

Anton works at First National Bank. His employer offers him a pension retirement plan, which will be 1.45% of his average salary for the last 5 years of employment for every year worked. Anton is plan...