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Calculate the finance charge for a credit card

Question

Calculate the finance charge for a credit card that has the given average daily

balance and interest rate. (Round your answer to the nearest cent.)

Average daily balance: $114.09; monthly interest rate: 1.45%

 
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You buy a $261,000 home with a down

Question

You buy a $261,000 home with a down

payment of 24%. Find the amount of the down payment and the mortgage amount.

down payment    $ 

mortgage    $ 

 
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A machinist earns $612.50 for working a 35-hour week

Question

A machinist earns $612.50 for working a 35-hour week. What is the machinist’s hourly rate of

pay?

$______  per hour

 
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The area A, in square meters

Question

The area A, in square meters, of

a rectangle with a perimeter of 60 meters is given by the equation A = 30w − w2,

 where w is the width of the rectangle in meters. What is the width of a rectangle if its area is 200 m2

 
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