Math 1008 Test #1 Practice Questions
Fall 2012
It is important to remember, these are just sample questions that can be used to practice the material
concepts. Memorizing these solutions WOULD NOT be
Set up the BA II PLUS Financial
Calculator:
1. Set up required the number of
decimals:
2nd Format -9-enter- 2nd-quit
2. Set up the AOS Algebraic
Operating System
2nd-format-2nd-set-2nd quit
Math 1008 Test #2 Practice Questions
Fall 2013
It is important to remember, these are just sample questions that can be used to practice the material
concepts. Memorizing these solutions WOULD NOT be
(Group Work)
Week #13
Chapter # 9 & 10 Problems and (Answers)
Math 1008
Practice Test #3
1. Fill in the missing values in the chart below, using COMPOUND INTEREST.
#
t
j
i
m
n
a)
3 years
11%
5.5%
2
6
BREAK-EVEN (Chapter 6.1)
In your small groups consider the following. Record all answers and be prepared
to present your findings.
You are opening a small nightclub in Queen West and are trying to det
FORMULA SHEET
Chapter 5
MATH 1008
1
Amount of Discount = Rate of Discount x List Price,
AD=RDL or AD=RDSP
2
Net Price = List Price Amount of Discount
N=L - AD or NP=SP- AD
3
Net Price=List Price NPF o
Preparation for Exam Review / Chapters 5-10 Weeks 14-15
Math1008
1. A TV-set listed at $780 is subject to the discount series 12%, 10%, 7%. Determine the net price.
Solution: N=LNPF1NPF2NPF3
N=780(1-0