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1) You have agreed to pay $322.28 for a new chaise lounge. The price includes sales tax at a rate of 4.5%. What was the

1) You have agreed to pay $322.28 for a new chaise lounge. The price includes sales tax at a rate of 4.5%. What was the marked price of the chaise lounge and how much tax was paid? Round to the nearest cent.

2) The finance charge on a loan for a $950 TV was $171 for a 12-month note with no down payment. Find the finance charge refund if the loan was paid in full at the end of 5 months. Round to the nearest cent.

3) Give the closing price of the Bank bond that matures in 2015.

Bond Listings

Issuer

Name

Symbol

Coupon

Maturity

Rating

Moody's /

S&P / Fitch

Last

Change

Yield %

BANK

BAN.IOP

4.500%

Apr 2015

A2 / A /

A+

101.549

0.518

4.445

CAPITAL

CAP.GYR

5.000%

Sep 2016

Aa3 /

AA

/

AA

108.076

0.595

4.351

CORP

P.KM

5.800%

Feb 2019

A2 / A / A

109.599

2.440

4.423

Hello don't need explanation just answer. THANKS

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