Solve.Suppose that you own a home which is valued at $153,000. You must move to a different city. Use the formula below to find out how much it would cost to buy a similar (replacement) home in the city that you will move to. Assume that the index of your city is 207 and that the index of the new city is 137. Round your answer to the nearest dollar. Cost of Your Home in New City = (Value of Your Home) ÷ (Index of Your City) × (Index of New City)
A. $101,261
B. $106,761
C. $231,175
D. $223,575
Answer: A
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Provide an appropriate response.Divide the fractions and reduce: ÷
A.
B.
C. 1
D.
Find the unknown value.When money is invested at 2% simple interest for 4 years, the interest is $224. Find the principal.
A. $2800 B. $2900 C. $280 D. $2700
Solve the problem.A deli sells three sizes of chicken sandwiches: the small chicken sandwich contains 4 ounces of meat and sells for $3.00; the regular chicken sandwich contains 8 ounces of meat and sells for $3.50; and the large chicken sandwich contains 10 ounces of meat and sells for $4.00. A customer requests a selection of each size for a reception. She and the manager agree on a combination of 52 sandwiches made from 22 pounds 4 ounces of chicken for a total cost of $178. How many of each size sandwich will be in this combination? (Note: 1 pound = 16 ounces)
A. 24 small sandwiches, 10 medium sandwiches, 18 large sandwiches. B. 20 small sandwiches, 22 medium sandwiches, 10 large sandwiches. C. 18 small sandwiches, 12 medium sandwiches, 22 large sandwiches. D. 22 small sandwiches, 16 medium sandwiches, 14 large sandwiches.
Solve the problem.If a sum of money is deposited in a savings account that is paying x percent annual interest compounded quarterly, then this sum of money increases by a factor of 2 after two quarters. Multiply this expression. Assume that the interest rate x is expressed as a decimal.
A. 1 + x +
x2
B. 1 + x2
C. 1 + x +
x2
D. 1 + x +
x2