Test_1 - Name_Vanessa Renee Holmes_ Date _09/05/10_ TEST 1...

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Name_Vanessa Renee Holmes ________ Date __09/05/10 _________________ TEST 1 - Business Math POFT 1321 NOTE: Please round each answer to the nearest cent (or to 2 decimal places). 1. Al rents an apartment for $10,200 for 7 months. What is the rental charge per month that Al pays? 10,200/7 = 1457.142857142857 = $1457.14 per month 2. A real estate company is developing homes in 4 states. In each state, they are developing 110 homes. a. How many total homes are they developing? 4 * 110 = 440 each b. If each home costs $4,200.88, how much is the cost for developing all of the homes in part “a” of this problem? 440 * 4200.88 = 1848387.2 = $1,848,387.20 3. Mary drove 300 miles. Her gas tank holds 11 gallons. What are Mary’s miles per gallon? 300/11 = 27.27272727272727 = 27.27 miles per gallon 4. John earned $8649.34 in selling real estate in 2004. If he sold 7 units and the commission was spread evenly over the units, how much did John earn per unit? 8649.34/7 = $1,235.62 per unit 5. Rana worked 8 1/4 hours on Monday, 4 3/4 hours on Tuesday, 6 1/2 hours on Wednesday, 5 1/2
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Test_1 - Name_Vanessa Renee Holmes_ Date _09/05/10_ TEST 1...

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