Questions from Financial Algebra


Q: In Don’s state, unemployment compensation is calculated by finding the total

In Don’s state, unemployment compensation is calculated by finding the total of the quarterly wages of two consecutive quarters and dividing that amount by 26. The weekly unemployment amount is 47% of...

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Q: In 2008, the Social Security tax percentage was 6.2

In 2008, the Social Security tax percentage was 6.2% for the first $102,000 earned. The Medicare tax percentage was 1.45% of your entire salary. Darby made $143,000 in 2008. a. Write the combined tax...

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Q: The FICA and Medicare percentages for the years 1980, 1990,

The FICA and Medicare percentages for the years 1980, 1990, 2000, and 2010 are shown in the table. Note that in 1980 and 1990, the Social Security percent included the Medicare payments. a. Calculat...

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Q: Use the One-to-One Property and the Power Property

Use the One-to-One Property and the Power Property to find the value of t to the nearest tenth in each of the following. a. 15 = 3t b. 5t = 390,625 c. 82t = 512 d. (1.2) t - 3 = 2.985984 e. 10 1 2...

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Q: An elite private college receives large donations from successful alumni. The

An elite private college receives large donations from successful alumni. The account that holds these donations now has $955 million. a. How much would the account earn in 1 year of simple interest...

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Q: In many states, the weekly unemployment compensation is a certain percentage

In many states, the weekly unemployment compensation is a certain percentage of the average week’s salary calculated by taking the total of the two highest-salaried quarters and divi...

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Q: A local publication charges by the character for automotive ads. Letters

A local publication charges by the character for automotive ads. Letters, numbers, spaces, and punctuation count as characters. They charge $34 for the first 100 characters, and $0.09 for each additio...

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Q: The historical prices of a car with the same make, model

The historical prices of a car with the same make, model, and features are recorded for a period of 10 years in the table at the right. Historical Prices Age .……………………………………………………………………………………………… Val...

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Q: The Lupos had x dollars in medical expenses. Medical insurance covered

The Lupos had x dollars in medical expenses. Medical insurance covered 80% of these expenses, so they had to pay 20% of the medical bills. For taxpayers in the Lupos’ age bracket, the IRS allows medic...

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Q: Gina has 250/500/50 liability insurance and $50

Gina has 250/500/50 liability insurance and $50,000 PIP insurance. One afternoon, she changed lanes too quickly, hit the metal guard rail, and then hit a tour bus. Four people are seriously hurt and s...

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