1 Calculate property taxes on a property assessed at $125,000 if the rate per $1000 is 22.751

2 After an increase of one-eighth of his current hourly Wage, Jean receives a new hourly wage of $12.78. How much was his hourly wage before the increase?

3 Le Point Bookbindery pays a dividend of$1.25 per share every three months. How many months would it take to earn dividends amounting to $8.75 per share?

4 The neighbourhood bookstore sells novels for $6.95 per unit, the cost to purchase one book is $6.95 the store has fixed costs per month of $1800. The store estimates that it can sell 1100 books every month. How many bools does it need to sell to break even?

5 Determine the amount of discount for a $1000 list price subject to the discount series 40%, 12.5%, 8.5%, and 2%.

6 A wage earner receives a gross pay of $783,15 for 52.5 hours of work. What is his hourly rate of pay if a regular workweek is 44 hours, and overtime is paid at time-and-a-half the regular rate of pay?

7 Your Company has introduced a stock option incentive program. A total of 171 000 options are available. Each senior manager will receive twice as many options as each team leader. Each team leader will receive 1.5 times the options of each employee. There are 7 senior managers, 22 team leader, and 421 employees. How many options will each senior manager receive?

8 Suppose a taxpayer is in the tax bracket in which federal income tax is calculated as $6705.15 plus 22% of income over $44 701. How much federal income tax must he report if he eams $48 750?

9 On Mar 15, 2020, Ben bought a government-guaranteed short-term investment maturing on Sep 12, 2020. How much did Ben pay for the investment if he will receive $10,000 on Sep 12, 2020, and interest is 2.016%?

10 Company A borrowed $20,000 on Aug 12 with interest rate of 6.75%per annum. On Nov 1, company paid $7,500, and on Dec 15, $9,000 was repaid. Company A paid the balance of the loan on Feb 20. What was the final payment?