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

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

View Full Document Right Arrow Icon
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 -
Background image of page 1

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

View Full DocumentRight Arrow Icon
4) You have a charge account with a periodic rate of 2.08% Your monthly statement shows purchases totaling
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

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 Right Arrow Icon
Ask a homework question - tutors are online