Exam 6: Applications for Business

Tony's hourly wage as a service station attendant is $8.10. For working the night shift, his wage is increased 20%. What is Tony's hourly wage for working the night shift?

Tomatoes that regularly sell for $1 per pound are on sale for 30% off the regular price. a) What is the discount? b) What is the sale price?

Bob's weight is currently 280 pounds. After a visit with his doctor, Bob is advised that based on his height and age, he should lose 5% of his weight over the next 12 months. How much weight does he need to lose?

A cattle rancher purchased a home for $290,000. The bank requires a down payment of 15% of the purchase price. a. Find the down payment. b. Find the mortgage.

Find the unit cost. Round to the nearest tenth of a cent. Ibuprofen, 50 tablets for $3.39

A local hospital implemented a program to attempt to reduce the number of unnecessary visits to the emergency room. Prior to the implementation, there was an average of 568 visits and after the program began, there was an average of 470 visits per month. What percent decrease does this represent? Round to the nearest tenth.

Action Machining Company purchased a robot-controlled lathe for $180,000 and financed the full amount at 12% annual simple interest for 3 years. The simple interest on the loan is $64,800. Find the monthly payment. Round your answer to the nearest cent.

Shaney receives an hourly wage of $30.4 an hour as an emergency room nurse. When called in at night, she receives time and a half. How much does Shaney earn in a week when she works 30 hours at normal rates and 20 hours during the night?

During 1 year, the number of people subscribing to direct broadcasting satellite systems increased 87%. If the number of subscribers at the beginning of the year was 2.5 million, how many subscribers were there at the end of the year? Round to the nearest hundredth of a million.

An investor obtained a loan of $180,000 to buy a car wash business. The monthly mortgage payment was based on 25 years at 5%. Find the monthly mortgage payment. Round your answer to the nearest dollar.

A disc player that regularly sells for $400 is selling for 15% off the regular price. What is the discount?

A vacation home has a mortgage of $190,000 for 25 years at an annual interest rate of 5%. a) Find the monthly mortgage payment. b) During a month when $433.18 of the monthly mortgage payment is principal, how much of the payment is interest?

Suppose your local supermarket offers the following products at the given prices. Find the more economical purchase. Kleenex tissues, 165 tissues for $1.09 or Puffs tissues, 250 tissues for $2.89

A nuclear chemist received $18,200 in consulting fees while working on a nuclear power plant. The chemist worked 130 hours on the project. Find the chemist's hourly wage.

The simple interest due on a 2-month loan of $3300 is $560. What is the maturity value of the loan?

A nurse earns $22.00 an hour. For working the night shift, the nurse receives a 8% increase in pay. a) What is the increase in hourly pay for working the night shift? b) What is the nurse's hourly wage for working the night shift?

A nurse purchased a new home for $210,000. The bank requires a down payment of 45% of the purchase price. Find the mortgage.

A condominium at Mt. Baldy Ski Resort was purchased for $98,000, and a down payment of $16,750 was made. Find the mortgage.

A medical uniform store uses a markup rate of 35%. What is the markup on a set of scrubs that costs the store $38?

Standard Brands paint that regularly sells for $10 per gallon is on sale for $8 per gallon. a) What is the discount? b) What is the discount rate?