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Problem 4

A These problems are similar to the examples found in this section. They should be set up and solved in the same way. (Problems 1-12 involve simple interest.) Savings Account A local bank pays \(5.5 \%\) annual interest on all savings accounts. If \(\$ 600\) is invested in this type of account, how much will be in the account at the end of a year?

Problem 5

Savings Account A local bank pays \(5.5 \%\) annual interest on all savings accounts. If \(\$ 600\) is invested in this type of account, how much will be in the account at the end of a year? Bank Loan A farmer borrows \(\$ 8,000\) from his local bank at \(7 \% .\) How much does he pay back to the bank at the end of the year when he pays off the loan?

Problem 5

Write each percent as a fraction with denominator \(100 .\) $$24 \%$$

Problem 5

These problems should be solved by the method shown in this section. In each case show the equation needed to solve the problem. Write neatly, and show your work. [Examples 1-3] Total Price The sales tax rate is \(4 \% .\) If the sales tax on a 10-speed bicycle is \(\$ 6,\) what is the purchase price? What is the total price?

Problem 5

Solve each of the following problems by first restating it as one of the three basic percent problems of Section 7.2 . In each case, be sure to show the equation. Chemistry How much HCl (hydrochloric acid) is in a \(60-\) milliliter bottle that is marked \(75 \% \mathrm{HCl}\) ?

Problem 5

Solve each of these problems using the method developed in this section. In one year a new car decreased in value by \(20 \%\). If it sold for \(\$ 16,500\) when it was new, what was i worth after 1 year?

Problem 5

Solve each of the following problems. What number is \(54 \%\) of \(38 ?\)

Problem 6

These problems should be solved by the method shown in this section. In each case show the equation needed to solve the problem. Write neatly, and show your work. [Examples 1-3] Total Price The sales tax on a new microwave oven is $$ 30 .\( If the sales tax rate is \)5 \%,$ what is the purchase price? What is the total price?

Problem 6

Write each percent as a fraction with denominator \(100 .\) $$48 \%$$

Problem 6

A These problems are similar to the examples found in this section. They should be set up and solved in the same way. (Problems 1-12 involve simple interest.) Bank Loan If \(\$ 400\) is borrowed at a rate of \(12 \%\) for 1 year, how much is the interest?

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