Every answer must be fully justified. Show your work!!!

1. (Related HW problems -- P. 427 # 1-33 (odd))


Express each of the following as a percent.
 


 
2. (Related HW problems -- P. 428 #41, 43, 45)

 

 

Suppose that the local sales tax is 5% and you purchase a $200 coat. What is the coat's total cost?

 

3. (Related HW problems -- P. 428 #47)

 

 

If the funding in a budget was $1000 last year and it is $980 this year, what is the percent decrease in the budget?

 

4. (Related HW problems -- P. 439 #13 - 23 (odd))

 

 

Suppose that you have $5000 to deposit in a bank account. If the rate offered by the bank is 3.6% compounded monthly, how much will be in the account after 10 years? (Do not simplify your answer.)

 

5. (Related HW problems -- P. 450 #1, 3)


Pat decides to buy a car that costs $15,000. The dealership allows Pat to pay $2,000 right away and $400 each month for 3 years.
 

1. What is the finance charge for this car?


 
2. What is the total installment price?