Math questions help

Problem Set 1 Part 2

Do the problem associated with your assigned number.

Section 7-5 of the text will have helpful information

1) Kelly purchased a toaster for $180. She made a down payment of 25% and financed the rest for 12 months with payments of $17.58. Find (a) the down payment and (b) the total installment price of the toaster.

1)

2) Kelly purchased a toaster for $140. She made a down payment of 15% and financed the rest for 12 months with payments of $13.42. Find (a) the down payment and (b) the total installment price of the toaster.

2)

3) Harry had an unpaid balance of $1780.89 on his credit card statement at the beginning of December. He made a payment of $255.00 during the month, and made purchases of $369.82. If the interest rate on Harry ‘s credit card was 2.5% per month on the unpaid balance, find his finance charge and the new balance on January 1.

3)

4) Phil had an unpaid balance of $2390.56 on his credit card statement at the beginning of December. He made a payment of $395.00 during the month, and made purchases of $452.96. If the interest rate on Phil’s credit card was 4.5% per month on the unpaid balance, find his finance charge and the new balance on January 1.

4)

5) Kelly purchased a toaster for $150. She made a down payment of 15% and financed the rest for 12 months with payments of $15.17. Find (a) the down payment and (b) the total installment price of the toaster.

5)

6) Phil had an unpaid balance of $694.48 on his credit card statement at the beginning of May . He made a payment of $180.00 during the month, and made purchases of $49.52. If the interest rate on Phil’s credit card was 4% per month on the unpaid balance, find his finance charge and the new balance on June 1.

6)

7) Kelly purchased a toaster for $200. She made a down payment of 20% and financed the rest for 12 months with payments of $18.00. Find (a) the down payment and (b) the total installment price of the toaster.

7)

8) Aaron had an unpaid balance of $1637.05 on his credit card statement at the beginning of March. He made a payment of $150.00 during the month, and made purchases of $368.28. If the interest rate on Aaron’s credit card was 2.5% per month on the unpaid balance, find his finance charge and the new balance on April 1.

8)

1

9) Kelly purchased a toaster for $170. She made a down payment of 25% and financed the rest for 12 months with payments of $16.08. Find (a) the down payment and (b) the total installment price of the toaster.

9)

10) Katie had an unpaid balance of $1905.88 on her credit card statement at the beginning of June. She made a payment of $80.00 during the month, and made purchases of $308.08. If the interest rate on Katie’s credit card was 17.5% per month on the unpaid balance, find her finance charge and the new balance on July 1.

10)

11) Phil had an unpaid balance of $2,084.50 on his credit card statement at the beginning of December. He made a payment of $385.00 during the month. If the interest rate on Phil’s credit card was 1.5% per month on the unpaid balance, find the finance charge and the new balance on January 1.

11)

12) Katie had an unpaid balance of $883.92 on her credit card statement at the beginning of May . She made a payment of $445.00 during the month, and made purchases of $23.04. If the interest rate on Katie’s credit card was 20% per month on the unpaid balance, find her finance charge and the new balance on June 1.

12)

13) Kelly purchased a toaster for $150. She made a down payment of 15% and financed the rest for 12 months with payments of $14.83. Find (a) the down payment and (b) the total installment price of the toaster.

13)

14) Kelly purchased a toaster for $200. She made a down payment of 15% and financed the rest for 6 months with payments of $36.50. Find (a) the down payment and (b) the total installment price of the toaster.

14)

15) Amy had an unpaid balance of $1753.05 on her credit card statement at the beginning of June. She made a payment of $300.00 during the month, and made purchases of $365.39. If the interest rate on Amy ‘s credit card was 7% per month on the unpaid balance, find her finance charge and the new balance on July 1.

15)

16) Harry had an unpaid balance of $1612.47 on his credit card statement at the beginning of March. He made a payment of $115.00 during the month, and made purchases of $235.30. If the interest rate on Harry ‘s credit card was 11.5% per month on the unpaid balance, find his finance charge and the new balance on April 1.

16)

17) Aaron had an unpaid balance of $637.24 on his credit card statement at the beginning of March. He made a payment of $25.00 during the month, and .made purchases of $375.44. If the interest rate on Aaron’s credit card was 12% per month on the unpaid balance, find his finance charge and the new balance on April 1.

17)

2

18) Kelly purchased a toaster for $165. She made a down payment of 15% and financed the rest for 9 months with payments of $21.44. Find (a) the down payment and (b) the total installment price of the toaster.

18)

19) Katie had an unpaid balance of $1337.05 on her credit card statement at the beginning of June. She made a payment of $475.00 during the month, and made purchases of $356.27. If the interest rate on Katie’s credit card was 7% per month on the unpaid balance, find her finance charge and the new balance on July 1.

19)

20) Kelly purchased a toaster for $100. She made a down payment of 20% and financed the rest for 12 months with payments of $9.50. Find (a) the down payment and (b) the total installment price of the toaster.

20)

21) Harry had an unpaid balance of $1797.89 on his credit card statement at the beginning of September. He made a payment of $280.00 during the month, and made purchases of $371.05. If the interest rate on Harry ‘s credit card was 3.5% per month on the unpaid balance, find his finance charge and the new balance on October 1.

21)

22) Kelly purchased a toaster for $170. She made a down payment of 25% and financed the rest for 6 months with payments of $33.17. Find (a) the down payment and (b) the total installment price of the toaster.

22)

23) Harry had an unpaid balance of $1998.56 on his credit card statement at the beginning of July . He made a payment of $265.00 during the month, and made purchases of $437.22. If the interest rate on Harry ‘s credit card was 14% per month on the unpaid balance, find his finance charge and the new balance on August 1.

23)

24) Aaron had an unpaid balance of $540.34 on his credit card statement at the beginning of February. He made a payment of $475.00 during the month, and made purchases of $394.94. If the interest rate on Aaron’s credit card was 11% per month on the unpaid balance, find his finance charge and the new balance on March 1.

24)

25) Kelly purchased a toaster for $115. She made a down payment of 20% and financed the rest for 6 months with payments of $22.83. Find (a) the down payment and (b) the total installment price of the toaster.

25)

26) Kelly purchased a toaster for $165. She made a down payment of 10% and financed the rest for 12 months with payments of $15.83. Find (a) the down payment and (b) the total installment price of the toaster.

26)

3

27) Kelly purchased a toaster for $105. She made a down payment of 20% and financed the rest for 12 months with payments of $10.00. Find (a) the down payment and (b) the total installment price of the toaster.

27)

28) Kelly purchased a toaster for $120. She made a down payment of 15% and financed the rest for 6 months with payments of $23.67. Find (a) the down payment and (b) the total installment price of the toaster.

28)

29) Janice had an unpaid balance of $2358.19 on her credit card statement at the beginning of January. She made a payment of $80.00 during the month, and made purchases of $99.50. If the interest rate on Janice’s credit card was 4% per month on the unpaid balance, find her finance charge and the new balance on February 1.

29)

30) Kelly purchased a toaster for $200. She made a down payment of 10% and financed the rest for 12 months with payments of $18.83. Find (a) the down payment and (b) the total installment price of the toaster.

30)

31) Kelly purchased a toaster for $110. She made a down payment of 25% and financed the rest for 6 months with payments of $24.33. Find (a) the down payment and (b) the total installment price of the toaster.

31)

32) Harry had an unpaid balance of $2481.23 on his credit card statement at the beginning of April. He made a payment of $155.00 during the month, and made purchases of $33.92. If the interest rate on Harry ‘s credit card was 17% per month on the unpaid balance, find his finance charge and the new balance on May 1.

32)

33) Amy had an unpaid balance of $1622.11 on her credit card statement at the beginning of June. She made a payment of $395.00 during the month, and made purchases of $50.68. If the interest rate on Amy ‘s credit card was 4% per month on the unpaid balance, find her finance charge and the new balance on July 1.

33)

34) Janice had an unpaid balance of $1877.01 on her credit card statement at the beginning of November. She made a payment of $165.00 during the month, and made purchases of $121.97. If the interest rate on Janice’s credit card was 2.5% per month on the unpaid balance, find her finance charge and the new balance on December 1.

34)

35) Kelly purchased a toaster for $105. She made a down payment of 15% and financed the rest for 6 months with payments of $21.50. Find (a) the down payment and (b) the total installment price of the toaster.

35)

4

36) Kelly purchased a toaster for $105. She made a down payment of 15% and financed the rest for 12 months with payments of $10.50. Find (a) the down payment and (b) the total installment price of the toaster.