Questions from Financial Algebra


Q: Melissa has bought a $2 state lottery ticket every week for

Melissa has bought a $2 state lottery ticket every week for the past 20 years. This week she won for the first time—$2,000. Compare these winnings to her total investment, and explain if the lottery w...

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Q: How might the quote apply to this section?

How might the quote apply to this section?

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Q: Use Allison Shannon’s bank statement and check register to reconcile her account

Use Allison Shannon’s bank statement and check register to reconcile her account.

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Q: Fill in the missing balances in Raymond Marshall’s check register. Use

Fill in the missing balances in Raymond Marshall’s check register. Use the spreadsheet from www.cengage.com/financial_alg2e to determine if Raymond’s checking accou...

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Q: Daniyar paid his April Flash Card bill in full. His May

Daniyar paid his April Flash Card bill in full. His May bill shows an average daily balance of $270.31 and a monthly periodic rate of 1.65%. What is the finance charge on Daniyar’s May statement?

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Q: When comparing his check register to his bank statement, Donte found

When comparing his check register to his bank statement, Donte found that he had failed to record deposits of $55.65, $103.50, and $25.00. What is the total of these amounts and how will he use this i...

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Q: Alisha has a February starting balance of $678.98 in

Alisha has a February starting balance of $678.98 in her checking account. During the month, she made deposits that totalled d dollars and wrote checks that totalled c dollars. Let E 5 her ending bala...

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Q: Rob wants to purchase a $5,000 drum set.

Rob wants to purchase a $5,000 drum set. The music store offers him a 2-year installment agreement requiring $800 down and monthly payments of $202.50. Rob has a poor credit rating. a. What is his in...

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Q: How might the quote apply to what has been outlined in this

How might the quote apply to what has been outlined in this section?

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Q: Winnie needs to travel to Los Angeles. She has decided to

Winnie needs to travel to Los Angeles. She has decided to go by bus. She researched three different bus companies and compiled the following frequency table for all of the ticket prices available leav...

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