Consumer math-part 2 -Comprehensive examination for lesson4, 5 and 6 Keystone national high school

Feb 3rd, 2012
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Consumer math-part 2 examination Comprehensive examination for lesson4, 5 and 6 Keystone national high school Question 1 to 50 1. Dudley green’s charge account statement shows an unpaid balance of $376.00.the monthly finance charge is 1.85 percent of the unpaid balance. What is the finance charge? Since questions in image form it is not possible to write every question. There are answers for the questions of 1 to 50 full

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Consumer math-part 2 examinationComprehensive examination for lesson4, 5 and 6Keystone national high schoolQuestion 1 to 501. Dudley green's charge account statement shows an unpaid balance of $376.00.the monthly finance charge is 1.85 percent of the unpaid balance. What is the finance charge?Since questions in image form it is not possible to write every question.There are answers for the questions of 1 to 50 full 1. $6.956 (six point nine five six dollars).2. 46.22 ( forty-six point two two)3. 133. 98 9 = 14.887266.62 1 = 266.62200.3 9 = 22.256= 25.3 11 = 2.3 (two point three).4. New balance = Previous balance + fin. Charge + payment=12,345.55 + 22.72 + 8010.00= $ 20,355.55(twenty thousand and three hundred and fifty-five point five five dollars)5. single payment loan = 6,800repayment period 91 daysinterest rate 4.25 % maturity value = 6,800 x 0.0425 x 91/365= 72.05= 6800 + 72.05= 6872.05(six thousand eight hundred and seventy-two point zero five).6. 0.18 x 897 = 161.46897 - 161.46 = 735.54(seven hundred and thirty-five point five four).7. Monthly payment = 1349.60 100 x 8.79 = 118.62 x 30 = 3558. 90 - 1687 = 1871.

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