Exam 1: Review of Arithmetic

Simplify: 6 + - 4

Complete the following statement:

In 2011, Danny invested his savings among four mutual funds as follows: 25% in bonds fund, 20% in Canadian equity fund, 40% in US equity fund, and the rest in money markets. During the past year, the rates of return on the individual funds were 7%, 3%, 9%, and -1%, respectively. What was the overall return rate on his portfolio?

Evaluate: 8600(1 - .27 * 226/360)

Corrine Davis had gross earnings of $937.50 for the week. If she receives a base salary of $664.00 on a quota of $7800.00 and a commission of 6.75% on sales exceeding the quota, what were Corrine's sales for the week?

A salesperson receives a weekly base salary of $800.00 on a quota of $2900. On the next $2100, she receives a commission of 14%. On any additional sales, the commission rate is 19%. Find her gross earnings for a week in which her sales total $8455.

Oliver received a pay at the end of the month of $4 303.00 in June 2016, working 6 hours a day, and a total of 20 days in the month. Included in the pay is a bonus of $243. What is Oliver's hourly rate of pay? Round to the nearest cent.

On March 1, Sam invested $90 000 in a business. On June 1, he invested another $10 000. On July 1, he withdrew $17 000 to spend on the repair of his house. On September 1, he injected another $2000 into the business. What was his average investment per month in the business during the year? Assume all months have the same length or weighting.

An employee receives a gross pay of $750.73 for 47.25 hours of work. What is the hourly rate of pay if a regular work week is 37.5 hours and overtime is paid at time-and-a-half the regular rate of pay?

Heart of Gold Realty sold lots for $50 000 per hectare. What is the total sales value if the lot sizes, in hectares, were 1 3/4, 2 1/3, 3 5/8, and 4 1/6?

87 % is equal to:

Carla is paid a semi-monthly salary of $1870.80. Her regular workweek is 40 hours. Overtime is paid at time and one-half regular pay. a)What is Carla's hourly rate of pay? b)What is Carla's gross pay if she worked 7 1/2 hours overtime in one pay period?

Scott Rae had gross earnings of $554.30 for last week. Scott earns a base salary of $350.00 on a weekly quota of $4 500.00. If his sales for the week were $6124.00, what is his commission rate?

A computer store located in Oakville, Ont., sells a laptop for $1000.00 plus HST. If the same model is sold at the same price in a store in Victoria, B.C.., what is the difference in the prices paid by consumers in the two stores?

Nick's gross earnings for one week was $698.10. His regular rate of pay is $15.60 for a 35 hour week and overtime is paid at time and one-half regular pay. Calculate the number of hours that Nick worked.

Simplify: 2[4² - 3 × 12 + 4(7 - 9 × 50)] + (6 + 9⁴)

Change % into a decimal.

Simplify: 3 + 8 ∗ 4

Emily's residence is assessed by the local taxation department at $249 500.00. Calculate the property taxes paid on this property if the existing mill rate is 15.

Isabelle works for The Brick, a furniture company. She earns a base salary $12/hr, 40 hours a week. However, she is also paid commission of 2% for all sales and an extra lump sum of $1000 incentive if her monthly sales exceed $10 000. In the month August, she won the title of employee of the month for total sales of $75 000. How much did she earn in the month of August, assuming a 4 week month?