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Unformatted text preview: June made an initial deposit of $5000 in an
account for her son. Assuming an interest rate
of 8% compounded quarterly, how much will
the account be worth in 15 years? Round to the
nearest cent. 5.8
27) For which values of x (x < 3500) can 6
1 2 4 x be
3500 written as a terminating decimal? Explain
your reasoning. 20) Susieʹs Bicycle shop advertised a bicycle for
15% off for a savings of $24. The bicycle did
not sell so it was offered at a new 20%
discount off the sale price. a. What did the bicycle sell for regularly? b. What is the amount of the new discount?
21) Fill in the blanks. NC
PERCENT DECIMAL FRACTION 83% a. 4.78 b. c. T102 Chapter 7 & 8 Review 1 4 2 Page 2 28) Use the following 100 grid to explain how to
solve the following problem. Explain how
you used your model to determine your
answer.
Because of the flu, 225 of the schoolʹs 900 were
absent yesterday. What percent of the
students were absent? NC 36) Alex has saved $560 at the bank. He wants to
accumulate $1750 for a tri...
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