Kevin invested $8,000 for one year at a simple annual interest rate of 6 percent and invested $10,000 for one year at an annual interest rate of 8 percent compounded semiannually. What is the total amount of interest that Kevin earned on the two investments?

Kevin invested $8,000 for one year at a simple annual interest rate of 6 percent and invested $10,000 for one year at an annual interest rate of 8 percent compounded semiannually. What is the total amount of interest that Kevin earned on the two investments? A. $880 B. $1,088 C. $1,253 D. $1,280 E. $1,296 Correct Answer: E Full

Greg assembles units of a certain product at a factory. Each day he is paid $2.00 per unit for the first 40 units that he assembles and $2.50 for each additional unit that he assembles that day. If Greg assembled at least 30 units on each of two days and was paid a total of $180.00 for assembling units on the two days, what is the greatest possible number of units that he could have assembled on one of the two days?

Greg assembles units of a certain product at a factory. Each day he is paid $2.00 per unit for the first 40 units that he assembles and $2.50 for each additional unit that he assembles that day. If Greg assembled at least 30 units on each of two days and was paid a total of $180.00 for assembling units on the two days, what is the greatest possible number of units that he could have assembled on one of the two days? Read the Full Article »

A bicycle store purchased two bicycles, one for $250 and the other for $375, and sold both bicycles at a total gross profit of $250. If the store sold one of the bicycles for $450, which of the following could be the store’s gross profit from the sale of the other bicycle?

A bicycle store purchased two bicycles, one for $250 and the other for $375, and sold both bicycles at a total gross profit of $250. If the store sold one of the bicycles for $450, which of the following could be the store’s gross profit from the sale of the other bicycle? A. $75 B.

In a certain fraction, the denominator is 16 greater than the numerator. If the fraction is equivalent to 80 percent, what is the denominator of the fraction?

In a certain fraction, the denominator is 16 greater than the numerator. If the fraction is equivalent to 80 percent, what is the denominator of the fraction? A. 32 B. 64 C. 72 D. 80 E. 120 Correct Answer: D Full explanation coming soon. Send us a note if you’d like this added to the

In a certain fraction, the denominator is 16 greater than the numerator. If the fraction is equivalent to 80 percent, what is the denominator of the fraction? Read the Full Article »

Abdul, Barb, and Carlos all live on the same straight road, on which their school is also located. The school is halfway between Abdul’s house and Barb’s house. Barb’s house is halfway between the school and Carlos’s house. If the school is 4 miles from Carlos’s house, how many miles is Abdul’s house from Carlos’s house?

Abdul, Barb, and Carlos all live on the same straight road, on which their school is also located. The school is halfway between Abdul’s house and Barb’s house. Barb’s house is halfway between the school and Carlos’s house. If the school is 4 miles from Carlos’s house, how many miles is Abdul’s house from Carlos’s

Andrew Geller

Kevin invested $8,000 for one year at a simple annual interest rate of 6 percent and invested $10,000 for one year at an annual interest rate of 8 percent compounded semiannually. What is the total amount of interest that Kevin earned on the two investments?

A bicycle store purchased two bicycles, one for $250 and the other for $375, and sold both bicycles at a total gross profit of $250. If the store sold one of the bicycles for $450, which of the following could be the store’s gross profit from the sale of the other bicycle?

In a certain fraction, the denominator is 16 greater than the numerator. If the fraction is equivalent to 80 percent, what is the denominator of the fraction?