Test chapter 6

# Test chapter 6 - Math Money Management Test chapter 6...

This preview shows pages 1–3. Sign up to view the full content.

Math Money Management Test chapter 6 Name ______________________ Please show work for problems. All work must be your own. 1) Complete the sales receipt for 7 dogwood trees at \$11.95 each, 3 bags of pine bark at \$4.50 each, 6 rose bushes at \$7.50 each. The sales tax rate is 6.25%. (WATCH ROUNDING!!) Quantity Description Price (each) Amount Dollars Cents Customer Signature X______________________________ Subtotal Tax Total 2) What is the new balance for the credit statement shown? Billing Date Previous Balance Finance Charge Credits New Purchases New Balance 12/11 - \$185.74 \$2.71 \$70.94 \$49.80 3) Complete the account statement : Previous balance of \$410.91; payments of \$150 and \$132; return credit of \$21.90; new purchases of \$75.60, \$55.70, \$19.00, \$67.75, \$33.45, and \$60.00. Finance charge of \$9.35 Billing Date Previous Balance Finance Charge Credits New Purchases New Balance 9/21 -

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
4) You have a charge account with a periodic rate of 2.08% Your monthly statement shows purchases totaling
This is the end of the preview. Sign up to access the rest of the document.

## This note was uploaded on 01/24/2012 for the course HUM 9999 taught by Professor Variousprofessorslisted during the Summer '06 term at Abilene Christian University.

### Page1 / 3

Test chapter 6 - Math Money Management Test chapter 6...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online