The document contains 22 finance and math problems involving concepts like discounts, interest rates, compound interest, and depreciation. Learners are instructed to show their work and highlight the answers in pink. Problems involve calculating original prices after discounts, interest earned over time at given rates, and TV depreciation over 3 years.
The document contains 22 finance and math problems involving concepts like discounts, interest rates, compound interest, and depreciation. Learners are instructed to show their work and highlight the answers in pink. Problems involve calculating original prices after discounts, interest earned over time at given rates, and TV depreciation over 3 years.
The document contains 22 finance and math problems involving concepts like discounts, interest rates, compound interest, and depreciation. Learners are instructed to show their work and highlight the answers in pink. Problems involve calculating original prices after discounts, interest earned over time at given rates, and TV depreciation over 3 years.
The document contains 22 finance and math problems involving concepts like discounts, interest rates, compound interest, and depreciation. Learners are instructed to show their work and highlight the answers in pink. Problems involve calculating original prices after discounts, interest earned over time at given rates, and TV depreciation over 3 years.
Instructions: Solve the following problems. Provide the process and HIGHLIGHT the answer with PINK highlighter.
1. A watch which costs $600 is marked “25% off.” What is the discount ($)? What is its sale price? 2. Vladimir shops in an international store. A t-shirt with a tag price $42 is marked “save 20%” How much will Vladimir have to pay for the t-shirt if she were to buy it? 3. After getting a 10% discount, Romina bought a sofa for only $7,200. What was the original price of the sofa? 4. A coffee shop labels its 1 cup of Frappuccino 10% discount. If 1 cup of Frappuccino costs $6. How much will the customer pay upon ordering? 5. After 10% discount has been made, a necklace cost $5,400. What is the original price of the necklace before the discount has been deducted? 6. A popular mall placed a big “up to 40% off” streamer in from it its entrance. You are planning to buy a television worth $21,550. What is the lowest possible amount that you will pay if you buy the television? 7. You want to buy a laptop at Best Buy, you saw a “15% off flyer”. The price of the laptop was $26,350. You asked the owner what price after the discount, and he will be replied that the tag price was the discounted price. What was the original price of the laptop? 8. What is the sale price of a laptop worth $42,000 which has a 5% discount? 9. After getting an 8% discount, a jacket cost $690. What is the original price? 10. You saved $200 for buying an external hard drive which is marked “5% discount.” How much was the price of the hard without the discount? 11. Find the compound interest of $12,600 for 2 years at 10% per annum compounded annually. 12. At what INTEREST RATE of compound interest per year, a sum of $1,200 becomes $1,348 in 2 years. 13. A TV was bought for $21,000. The value of the TV was depreciated by 5% per year. Find the value of the TV after 3 years. (Depreciation means the reduction of value due to use and age of the item) 14. Find the compound interest on $8,000 at 15% per year for 2 years 4 months, compounded annually. 15. Find the amount and the compounded interest of $100,000 compounded semi-annually for 9 months at the rate of $4 per year. 16. Calculate the amount, simple interest, and compound interest of a principal of $230,000 at an interest rate of 10% for the following compounding per year. a) semi-annually b) annually c) weekly d) daily
Determine the simple interest for these loans.
17. $600 at 4% for 9 months. 18. $24,000 at 5.5% for 5 years. 19. $1,200 at 5.5% for 4 years. 20. $1,600 at 4.5% for 9 months. 21. $12,000 at 2.2% for 5 years.
22. Lucy invested $4,000 in a savings account at a yearly rate of 4.5%. She earned $540 in interest. How long was the money invested?
