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Five years ago, Michaela bought a new computer. The current value of the computer is exactly half of the purchase price. If the value deprecated by a fixed annual rate, according to the reducing-balance method, calculate the rate of depreciation.

Last month, my water meter had a reading of 0286 ccf. This month the reading was 0289 ccf. My water company charges $6.25 per ccf of water used. How much do I owe for the water that I used?

Last month, Keith paid $42 for his natural gas bill. If his utility company charges $8.54 per ccf, how many ccf of gas did Keith use?Round your answer to the nearest hundredth.

Sarah lives where weekly unemployment comp. is 55% of the 26-week avg. for the two highest-salaried quarters. If Sarah made an annual salary of $34,000 before being laid off, what will be her weekly unemployment compensation?


NW Furniture is considering adding a cedar picnic table to the line of furniture. NW Furniture estimates that it will sell for $50 to distributors. They also estimate that the fixed costs of producing that table will be $13,000 and that the variable costs per table will be $22.

How many table will they need to sell to break even?

Find the total sales they need to break even?



What is the total expense for manufacturing 400 tables at Woodlike Inc. if the fixed costs are $1,702,300 and each tables variable cost is $21?


Aaron Abbot invested P100,000 at 12% interest, compounded semi-annually, for 3 years. What is the future value?


Let the national income model be


10

Village Finance Co. advanced three loans to Kamiko-$4,200 on June 20, $3,800 on August 25,and $3,300 on October 29, Simple interest at 8.25% was charged on all three loans, and all were repaid on December 31 when some bonds that she owned matured What total amount was required to pay off the loans? (Use 365 days a year. Do not round intermediate calculations and round your

final answer to 2 decimal places.)
How much must be paid back on a loan of R3000 for six months if simple interest of 12% per annum is charged
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