<span>1. Which of the following options is a better purchase for a microwave?
D. $10 down with equal payments of $5 for 24 weeks
</span><span>2. An employer may conduct an aptitude test to check for what?
D. The capacity to acquire certain skills (not sure about this one, but it's my best guess)
</span><span>
3. John and Mary Billings own a condominium with an assessed value of $110,000. If the tax rate is 25 mills per $1.00 of assessed valuation, how much tax do they pay?
B. $2,750
Rob Polanski is a tractor salesman. Last week his total sales amounted to $38,642.00, and he received $2,704.94 in commission. What is his rate of commission?
D. 7%
5. A letter of application is intended to
D. outline your value to a prospective employer
6. From net earnings of $740 per month, Lisa Jones must spend $200 for her portion of the rent on an apartment she shares with two friends. What percent of her net income is her rent payment?
B. 27%
7. An animal shelter has a ratio of dogs to cats that's 3:2. If there are 30 cats at the shelter, how many dogs are there?
B. 45
8. For a two week period, John and Amanda had the following transactions occur to their checking account: a deposit of $1,644.50; checks written for $190, $45, and $7.50; and debit card transactions for $30, $5.59, $7.20, and $21.30. What is the ending balance for this time frame?
A. $1,337.91
9. Mary Stevens earns $6 an hour at her job and is entitled to time-and-a-half for overtime and double time on holidays. Last week she worked 40 hours of regular time, 61/2 hours of overtime, and 8 hours of holiday time. How much did she earn?
D. $394.50
10. John bought a used truck for $4,500. He made an agreement with the dealer to put $1,500 down and make payments of $350 for the next 10 months. The extra cost paid by taking this deal is equivalent to what actual yearly rate of interest?
A. 33%
11. Mary Palm's checking account had a starting balance of $785.63. She wrote a check for $57.00 for groceries and a check for $125.00 for a car payment. Yesterday she deposited $57.25 in her checking account. What is Mary's current balance?
C. $660.88
12. Suppose your bank honors a check for which you don't have sufficient funds in your checking account. This action means that you've arranged beforehand for a/an _______ loan.
B. overdraft
13. Ralph Jordan recently bought a new lawnmower for $228.00. If he paid 6% sales tax on the lawnmower, what was the total cost of the lawnmower?
B. $241.68
14. The gross income of Abelina Bennett is $215 per week. Her deductions are: $15.16, FICA tax; $29.33, income tax; 2% state tax; 1% city tax; and 3% retirement fund. What is her net income?
C. $157.61
15. If Michelle walked 5 meters, how many inches did she walk?
C. 196.85 inches
16. Lily Quinn makes $12.50 an hour. She works 4 hours on Monday, 6 hours on Tuesday, 9 hours on Wednesday, 3 hours on Thursday, and 7 hours on Friday. What is her gross pay?
D. $362.50
17. Jan Quint earns $11.00 an hour at her job and is entitled to time-and-a-half for overtime, and double time on holidays. Last week she worked 40 hours of regular time, 9 hours of overtime, and 12 hours of holiday time. How much did she earn last week?
D. $852.50
18. The mean is defined as the
B. average of a data set.
19. A home mortgage is usually borrowed for how long?
D. 20–30 years
20. Eliza Savage received a statement from her bank showing a checking account balance of $324.18 as of January 18. Her own checkbook shows a balance of $487.38 as of January 29. The bank returned all of the cancelled checks but three. The amounts of these three checks are $15.00, $77.49, and $124.28. How much did Eliza deposit in her account between January 18 and January 29?
C. $379.97
</span>
D. $10 down with equal payments of $5 for 24 weeks
</span><span>2. An employer may conduct an aptitude test to check for what?
D. The capacity to acquire certain skills (not sure about this one, but it's my best guess)
</span><span>
3. John and Mary Billings own a condominium with an assessed value of $110,000. If the tax rate is 25 mills per $1.00 of assessed valuation, how much tax do they pay?
B. $2,750
Rob Polanski is a tractor salesman. Last week his total sales amounted to $38,642.00, and he received $2,704.94 in commission. What is his rate of commission?
D. 7%
5. A letter of application is intended to
D. outline your value to a prospective employer
6. From net earnings of $740 per month, Lisa Jones must spend $200 for her portion of the rent on an apartment she shares with two friends. What percent of her net income is her rent payment?
B. 27%
7. An animal shelter has a ratio of dogs to cats that's 3:2. If there are 30 cats at the shelter, how many dogs are there?
B. 45
8. For a two week period, John and Amanda had the following transactions occur to their checking account: a deposit of $1,644.50; checks written for $190, $45, and $7.50; and debit card transactions for $30, $5.59, $7.20, and $21.30. What is the ending balance for this time frame?
A. $1,337.91
9. Mary Stevens earns $6 an hour at her job and is entitled to time-and-a-half for overtime and double time on holidays. Last week she worked 40 hours of regular time, 61/2 hours of overtime, and 8 hours of holiday time. How much did she earn?
D. $394.50
10. John bought a used truck for $4,500. He made an agreement with the dealer to put $1,500 down and make payments of $350 for the next 10 months. The extra cost paid by taking this deal is equivalent to what actual yearly rate of interest?
A. 33%
11. Mary Palm's checking account had a starting balance of $785.63. She wrote a check for $57.00 for groceries and a check for $125.00 for a car payment. Yesterday she deposited $57.25 in her checking account. What is Mary's current balance?
C. $660.88
12. Suppose your bank honors a check for which you don't have sufficient funds in your checking account. This action means that you've arranged beforehand for a/an _______ loan.
B. overdraft
13. Ralph Jordan recently bought a new lawnmower for $228.00. If he paid 6% sales tax on the lawnmower, what was the total cost of the lawnmower?
B. $241.68
14. The gross income of Abelina Bennett is $215 per week. Her deductions are: $15.16, FICA tax; $29.33, income tax; 2% state tax; 1% city tax; and 3% retirement fund. What is her net income?
C. $157.61
15. If Michelle walked 5 meters, how many inches did she walk?
C. 196.85 inches
16. Lily Quinn makes $12.50 an hour. She works 4 hours on Monday, 6 hours on Tuesday, 9 hours on Wednesday, 3 hours on Thursday, and 7 hours on Friday. What is her gross pay?
D. $362.50
17. Jan Quint earns $11.00 an hour at her job and is entitled to time-and-a-half for overtime, and double time on holidays. Last week she worked 40 hours of regular time, 9 hours of overtime, and 12 hours of holiday time. How much did she earn last week?
D. $852.50
18. The mean is defined as the
B. average of a data set.
19. A home mortgage is usually borrowed for how long?
D. 20–30 years
20. Eliza Savage received a statement from her bank showing a checking account balance of $324.18 as of January 18. Her own checkbook shows a balance of $487.38 as of January 29. The bank returned all of the cancelled checks but three. The amounts of these three checks are $15.00, $77.49, and $124.28. How much did Eliza deposit in her account between January 18 and January 29?
C. $379.97
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