Q:
At a real estate agency, an agent sold a house for \( \$ 354,000 \). The commission rate is \( 4.5 \% \) for the real
estate agency and the commission rate for the agent is \( 20 \% \) of the amount the real estate agency
gets. How much did the agency make on the house? How much did the agent earn in commission?
Q:
According to Okun's law, if the unemployment rate goes from \( 3 \% \) to \( 7 \% \), what
will be the effect on the GDP?
A. It will increase by \( 11 \% \).
B. It will increase by \( 5 \% \).
C. It will decrease by \( 11 \% \).
D. It will decrease by \( 5 \% \).
Q:
A carpet salesman earns a base pay of \( \$ 19,800 \) per year and a commission
of \( 12 \% \) of all sales made. If he sold \( \$ 27,200 \) worth of merchandise last year,
what were his total earnings last year?
A. \( \$ 23,064 \)
B. \( \$ 43,736 \)
C. \( \$ 44,624 \)
Q:
c. Richie has a part-time job whilst he is studying at university. His annual salary is \( \$ 23000 \)
which means his marginal tax rate is \( 19 \% \). Calculate the tax paid on the interest earned.
Q:
formula for the profit function
\( C(x)=x^{3}-8 x^{2}+250 x+40 \)
\( k(x)=x^{2}+400 x \)
Q:
Chip has an annual salary of \( \$ 41,000 \), and his company pays him twice a
month. What is the gross income on each paycheck that Chip receives?
A. \( \$ 1708.33 \)
B. \( \$ 788.46 \)
C. \( \$ 3416.67 \)
D. \( \$ 5857.14 \)
Q:
Les has bought 4 games in the last few months, completing all of them. The following lists
each game, how much she spent on it, and the amount of time she played it:
Final Fantasy 16 - \( \$ 45 \) - played it for 58 hours
Super Mario Wonder - \( \$ 60 \) - played it for 25 hours
Elden Ring - \( \$ 70 \) - played it for 96 hours
Stray - \( \$ 30 \) - played it for 10 hours
Which game offered her the most value, from a dollar spent per hour played perspective?
O Stray
Super Mario Wonder
Elden Ring
Final Fantasy 16
Q:
Demetrius is a salesman whose base pay plus commissions amounted to
\( \$ 51,162 \) last year. If his base pay was \( \$ 26,610 \) and he made \( \$ 79,200 \) in sales
last year, what was his rate of commission?
A. \( 34 \% \)
B. \( 52 \% \)
C. \( 65 \% \)
D. \( 31 \% \)
Q:
Edisor's employer matches \( 20 \% \) of Edisor's contributions to his \( 401(\mathrm{k}) \) plan.
If Edison's employer contributed \( \$ 700 \) to the plan last year, how much did
Edison contribute to the plan last year?
A. \( \$ 4200 \)
B. \( \$ 3500 \)
C. \( \$ 1400 \)
D. \( \$ 2800 \)
Q:
\( \begin{array}{l}\text { A physical therapist earned } \$ 1125 \text { a week last year. What was her yearly } \\ \text { salary? } \\ \text { A. } \$ 58,500 \\ \text { B. } \$ 56,559 \\ \text { C. } \$ 59,886 \\ \text { D. } \$ 58,777\end{array} \)
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