Questions from Business Mathematics

Q: Use Formula (5-2), N = L(1

Use Formula (5-2), N = L(1 – d1)(1 – d2)(1 – d3), to calculate d2 if N = $324.30, L = $498, d1 = 0.20, and d3 = 0.075. Data from Formula 5-2: N = L(1 − d1)(1 − d2)(1 − d3)

Q: Use the formula Vf = Vi(1 + c1)(1

Use the formula Vf = Vi(1 + c1)(1 + c2)(1 + c3) to determine c2 if Vf = $586.64, Vi = $500, c1 = 0.17, and c3 = 0.09.

Q: Rearrange the formula FV = PV(1 + i1)(1

Rearrange the formula FV = PV(1 + i1)(1 + i2) to isolate i1.

Q: Rearrange the formula NI = (CM)X – FC to

Rearrange the formula NI = (CM)X – FC to isolate CM.

Q: Norman’s Gourmet Tea wants to prepare a custom tea blend using a

Norman’s Gourmet Tea wants to prepare a custom tea blend using a mixture of mint tea leaves that cost $0.202 per gram and chamomile tea leaves that cost $0.158 per gram. Norman’s wants to prepare 2 kg...

Q: The annual net income of the Todd Bros. partnership is distributed

The annual net income of the Todd Bros. partnership is distributed so that Ken receives $15,000 more than 80% of Hugh’s share. How should a net income of $98,430 be divided between the partners?

Q: The profits from a partnership are to be distributed so that Grace

The profits from a partnership are to be distributed so that Grace receives 20% more than Kajsa, and Mary Anne receives five-eighths as much as Grace. How much should each receive from a total distrib...

Q: Use N = L(1 – d1)(1 – d2

Use N = L(1 – d1)(1 – d2)(1 – d3), to calculate d2 if N = $70.29, L = $99.99, d1 = 0.20, and d3 = 0.05.

Q: Multiply and collect the like terms: 4(3a + 2b

Multiply and collect the like terms: 4(3a + 2b)(2b – a) – (2a – b)(a + 3b)

Q: Simplify and collect the like terms. 1. 9 y

Simplify and collect the like terms. 1. 9 y − 7 3 − 2.3  ( y − 2 ) 2. P ( 1 + 0.095 × 135 365 ) + 2 P 1 + 0.095 × 75 365