1.A studentpurchased a $1200 bond at an interest rate of 6% per annum. Find the interest that this student receives after8 months

2.A studentinvests $1500 in an investment that pays 6% simple interest per year. If the total value of the investment (interest + principal) is the first term of an arithmetic sequence, then the3^rdterm of the sequence would be

Question 2 options:

a)$1680

b)$1512

c)$1770

d)$1590

3.A studentinvests $900 in an investment that pays 5% simple interest per year. A cheque in the amount of the interest at the end of each year is mailed to the student. The graph of this arithmetic sequence has a slope of

4.In the first year of employment, an employeeis paid$97030 per year. If this employee receivesraise of $910 per year, after how manyyears would this employee's salarybe $132830 peryear.Round to the nearest year.

5.The manager of a condo development receives a base salary of $15000 per year plus $400 for every condo unit sold. Which of the following formulas relates the number of condo soldto the manager's salary?

Question 5 options:

t_n= 15000 + 400n

t_n= 15000 + 400(n- 1)

t_n= 15000 + 400 +n

t_n=400n

6.A sports utility vehicle sells for $30200. The vehicle depreciates $4850 the first year and $1410 each year thereafter. Calculate the value of the vehicle at the end of the 3^thyear.

(Enter a numerical value only. Do not enter a dollar sign)

Your Answer:

Question 6 options:

Answer

7.A pile of bricks is arranged in rows. The numbers of bricks in the rows form an arithmetic sequence. There are 30 bricks in the 5^throw and 39 bricks in the 2^ndrow. How many bricks are in the first row?

Your Answer: