1. US based motorcycle manufacturer says that it expect to build 153,000 motorcycles this year, up from 134,000 last year. What is the percent of increase in production?

2. A person earns 24,100 one year and gets a 5% raise in salary, What is the new salary?

3. simply interest on 1000 for 5 years is 200 then what is the rate?

4. Use the simple interest formula to determine the missing value I=$5040,P=$9000,r=8%,t=_____

5. A=____,P=1,700,r=5%,t=4 Use the future value formula to determine the missing value

6. A=$1,456,r=3%,t=4years p=_____ use the formula for future value

7. 8.9% compounded quarterly or 10% compounded yearly Which is the better investment?

8 .2x=11 x=_______Round to four decimal places as needed

9. use the compound interest formula A=P (1+r)t and the given information to solve for r A=$2700, P=$1600,t=5 r=_____round to nearest hundredth

10. 42,000,P=$28,000,r=8 percent t=______ round to nearest year. use the compound interest formula A=P(1+r)t and the given information to solve for t

11. Ann and Tom want to establish a fund for their grandson's college education. What lump sum must they deposit at an 8.6% annual interest rate, compounded monthly in order to have 40,000 in the fund at the end of 10 years. They should deposit ____ round off to nearest cent.

12. Compute the monthly payments for an add-on interest loan of $1300, with an annual interest rate of 11 percent and a term of 5 years. The monthly payment is $_____

13.Find the APR of the loan given the amount of the loan, the number and type of payment, and the add-on interest rate. Loan amount is $18,000 three yearly payment; rate =11%. the annual percentage rate is _____% type an integer or a decimal

14. Find the finance charge per $100 for the loan described. Loan $2,000 finance charge $276 the finance charge is $_____per 100.

15. Think of the rent-to own agreement as though it were an add-on-loan. If the consumer rents until is paid for, find the finance charge per $100 financed Marks rents a TV worth $360 for monthly payment of $14. After 3 years he will own the TV.

The finance charge is $_____ per $100 financed