business mathematics

Sigchi4life
Category:
Business & Finance
Price: \$50 USD

Question description

tional Homework by Learning Unit/ Unit 1, Question no 4

 Question 8 (15 points) (10 min) Consumers, community activists, and politicians are decrying the new line of accounts because several include a \$3 service charge for some customers who use bank tellers for transactions that can be done through an automated teller machine. Bill Wade banks at a local bank that charges this fee. He was having difficulty balancing his check book because he did not notice this fee on his bank statement. His bank statement showed a balance of \$822.18. Bill's checkbook had a balance of \$206.48. Check No. 406 for \$116.08 and Check No. 407 for \$12.50 were found outstanding. A \$521 deposit was not on the statement. Bill has his payroll check electronically deposited to this checking account - the payroll check was for \$1'015.12. (Bill's payroll checks vary each month.) There are also a \$1 service fee and a teller fee of \$6. Complete Bill's bank reconciliation. Please indicate the sign (+ or -) and complete the empty spaces where applicable Checkbook balance \$ 206.48 Bank statement balance \$ 822.18 …………………………… \$ ………………… …………………………… \$ ………………… …………………………… \$ ………………… …………………………… \$ ………………… …………………………… \$ ………………… …………………………… \$ ………………… Reconciled balance \$ ………………… Reconciled balance \$ ………………… NB: Do not vorget that "reconciled balance" means the Balance was agree! Question 9 (10 points) (10 min) Solving word problems for the Unknown Eileen Haskin's utility and telephone bills for the month totaled \$180. The utility bill was 3 times as much as the telephone bill. How much was each bill? Unknown(s)  Variable(s)  Relationship ………………….. ……….. ……………………………………...  =  Total bill ………………….. ……….. Total bill =  \$180 Indicate your detailed calculation below:

 Question 12 (10 points) (10 min) Markup based on selling price Bari Jay, a gown manufacturer, received an order for 600 prom dresses from China. Her cost is \$35 a gown. If her markup based on the selling price is 79%, what is the selling price of each gown? Round tho the nearest cent. Indicate your answer with your detailed calculation below: Question 13 (5 points) (5 min) Simple interest and maturity value Principal Interest rate Time Simple interest Maturity value \$17'000 2 1/2 % 18 months \$ ……… \$ …………. Indicate your detailed calculation below:

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