Solve the problem.A machine can produce 23 computer chips per day. How many computer chips can be produced in 26 days?
A. 603 chips
B. 54 chips
C. 49 chips
D. 598 chips
Answer: D
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Solve the problem.A bank offers a 6% annual interest rate compounded monthly. The APY is approximately
A. 6.17%. B. 5.75%. C. 6%. D. 6.27%. E. none of these
Use the percentage method of withholding to find the federal withholding tax, a 6.2% FICA rate to find the FICA tax, and 1.45% to find the Medicare tax. Then find the net pay for the employee. Assume that the employee has not earned over $115,000 so far this year.
Robert Stang has gross earnings of $603.16 weekly. He is married and has 4 withholding allowances.
A. $557.01 B. $587.88 C. $541.73 D. $572.29
Solve the problem.It is your goal to have 
in savings, and your opening balance is 
. How much more money do you need to reach your goal?
A. $6041 B. $5000 C. $3913 D. -$3913
Solve the problem.At the local convenience store, 6 bags of chips and 3 containers of dip cost $30. However, 7 bags of chips and 5 containers of dip cost $41. What is the cost of one bag of chips and one container of dip?
A. chips = $5; dip = $5 B. chips = $4; dip = $3 C. chips = $3; dip = $4 D. chips = $3.50; dip = $3.50