1. [-/0.87 Points] DETAILS BRECMBC9 1.1.024. MY NOTES PRACTICE ANOTHER According to a certain newspaper, in a recent recession, outstanding consumer credit in a certain country fell to $3,760,000,000,000-the seventh straight monthly decline. Most of the drop came as a result of consumers paying down revolving debt such as credit cards. (a) Write this number in word form. O thirty-seven trillion, six hundred billion dollars O three billion, seven hundred sixty million dollars O three hundred seventy-six billion dollars O three trillion, seven hundred sixty billion dollars O three hundred seventy-six trillion dollars (b) Round this number to the nearest hundred billion. Need Help? Read It 2. [-/0.87 Points] DETAILS BRECMBC9 1.11.008. MY NOTES PRACTICE ANOTHER Estimate the following by rounding each number all the way; then add to find the exact answer. 284 616 3,950 + 1,946 rounded estimate exact answer Need Help? Read It\f3. [-/0.87 Points] DETAILS BRECMBC9 2.111.022. MY NOTES PRACTICE ANOTHER Divide the fractions and reduce to lowest terms. (Enter your answer as a simplified mixed number.) 5+ . Need Help? Read It 4. [-/0.87 Points] DETAILS BRECMBC9 2.11.004.MI. MY NOTES PRACTICE ANOTHER Find the least common denominator for the group of fractions. 1 19 2 3 10' 60 ' 5' 11 Need Help? Read It Watch It Master It 5. [-/0.87 Points] DETAILS BRECMBC9 5.1.004. MY NOTES PRACTICE ANOTHER Solve the equation for the unknown. M - 48 = 12 M = Check your solution. - 48 = 12 Need Help? Read ItB. [40.87 Points] DETAILS BRECMBCB 5.II.WE. MY NOTES PRACTICE ANOTHER Set up and solve an equaon For the following business simulion. Suppose a certain company sells reguar keyboards for $82 and Mreless loeyboards for $115. Last week the store sold three tln'les as many regular keyboards as wireless. If total keyboard sales were $4.693. how many oi each type were sold? regular keyboards wireless keyboards Need Help? 7- lmm norm] erratum mm m NOTES mamas women Convert the percent to a declrnal 69% Z Need Help? E B. [40.87 Palms] DETAIIJ BRECMBCQ 6.I.016. MY NOTES PRACTICE ANOTHER Convert the declmal or whole number no a percent. \f15. [-/0.87 Points] DETAILS BRECMBC9 10.1.018. MY NOTES PRACTICE ANOTHER Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV = P + / to find the maturity value. (Round your answers to two decimal places.) Principal Rate (%) Time Interest Maturity Value $145,000 14 1 8 months $ $ Need Help? Read It 16. [-/0.87 Points] DETAILS BRECMBC9 10.1.024. MY NOTES PRACTICE ANOTHER Use MV = P(1 + RT) to find the maturity value (in $) of the loan. Principal Rate (%) Time Maturity Value $19,660 42 months $ Need Help? Read It 17. [-/0.87 Points] DETAILS BRECMBC9 11.1.040. MY NOTES PRACTICE ANOTHER The FernRod Motorcycle Company invested $150,000 at 4.5% compounded monthly to be used for the expansion of their manufacturing facilities. How much money will be available for the project In 4-2 years? (Round your answer to the nearest dollar.) $ Need Help? Read it18. [-/0.87 Points] DETAILS BRECMBC9 11.11.026.MI. MY NOTES PRACTICE ANOTHER Suppose you wish to have $9,000 in 13 years. Use the present value formula to find how much you should invest now (in $) at 6% interest compounded semiannually in order to meet your goal. (Round your answer to the nearest cent.) $ Need Help? Read It Watch it Master it 19. [-/0.87 Points] DETAILS BRECMBC9 12.1.008. MY NOTES PRACTICE ANOTHER Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the nearest cent.) Annuity Payment Time Nominal Interest Future Value Payment Frequency Period (years) Rate (%) Compounded of the Annuity $70 every month 6 monthly $ Need Help? Read It 20. [-/0.87 Points] DETAILS BRECMBC9 12.11.024. MY NOTES PRACTICE ANOTHER Norm Legend has been awarded a scholarship from Canmore College. For the next 4 years, he will receive $4,400 for tuition and books at the beginning of each quarter. How much (in $) must the school set aside now in an account earning 7% interest compounded quarterly to pay Norm's scholarship? (Round your answer to the nearest cent.) $ Need Help? Read It21. [-/0.87 Points] DETAILS BRECMBC9 13.1.019.MI. MY NOTES PRACTICE ANOTHER Cook Security Systems has a $37,500 line of credit, which charges an annual percentage rate of prime rate plus 4%. The starting balance on October 1 was $9,500. On October 4 they made a payment of $1,400. On October 13 the business borrowed $2,700, and on October 19 they borrowed $4,600. If the current prime rate is 8%, what is the new balance (in $)? (Round your answer to the nearest cent.) $ Need Help? Read It Watch It Master It 22. [-/0.87 Points] DETAILS BRECMBC9 13.I.TB.013. MY NOTES PRACTICE ANOTHER James has a revolving credit account at an annual percentage rate of 18%. Use the average daily balance method to find the new balance given the following activity. Statement of Account Billing Cycle: May 1-31 May 1 Balance $239.28 May 9 Payment 45.30 May 18 Yo Yogurt (credit) 69.83 May 26 Fresh Flowers 92.33 May 30 Liu Printing 81.88 $293.88 O $298.36 O $301.32 O $333.87 Need Help? Read It\f25. [-/0.87 Points] DETAILS BRECMBC9 18.1.016.MI. MY NOTES PRACTICE ANOTHER Suppose you bought a sofa for a total purchase price of $1,184.97. State taxes were 6%. What was the amount of the sales tax (in $)7 (Round your answer to the nearest cent.) $ Need Help? Read It Watch it Master It 26. [-/0.87 Points] DETAILS BRECMBC9 18.I.TB.005. MY NOTES PRACTICE ANOTHER Randy buys a lawn tractor costing $945.90. The store charges $45 for assembly and $40 for delivery. State taxes are 5% and local sales taxes are 2%. What is the total purchase price? (Round your answer to the nearest cent. O $1,012.11 O $1,082.45 O $1,097.11 O $1,103.06 Need Help? Read It 27. [-/0.87 Points] DETAILS BRECMBC9 19.11.006.MI. MY NOTES PRACTICE ANOTHER As the owner of a business, Karen needs fire insurance. Her building is worth $724,000 and the contents are valued at $677,000. Her agent placed the building in structural classification D and area rating 2. Use Table 19-4 to calculate her total premium. Round your answer to the nearest cent. Need Help? Read it Watch It Master It\f31. [-/0.95 Points] DETAILS BRECMBC9 21.1.003.MI. MY NOTES PRACTICE ANOTHER Given this multiple-line chart, find the total number of chairs and sofas sold during June. (Note: All sales numbers are plotted to the nearest 10 units.) Sales of Sofas and Chairs -Chairs 280 - Sofas 260 240 220 Number of sales 200 180 160 140 April May June Month Need Help? Read It Watch It Master It 32. [-/0.95 Points] DETAILS BRECMBC9 21.11.015.MI. MY NOTES PRACTICE ANOTHER Determine the range of the following set of values. 48 42 57 28 112 71 95 27 36 14 96 199 191 Need Help? Read It Watch It Master It