1. Michael Koepler received his bank statement and canceled checks for October. His previous balance was $998.41. In October, he deposited $177.00 and wrote checks totaling $378.00. What was the ending balance for that month?
MY ANSWER- I am unsure if the answer is $797.41 or $1175.41
2. Todd sells discount coupon cards. In addition to a weekly wage, he is paid a bonus of 90 cents for each card sold. In one week, he sells 100 cards. What is his weekly pay?
A. $9
B. $90
C. $900
D. not enough information
MY ANSWER--B
3. Sophia Montez has a check for $555.50 and a check for $221.25. She also has $230 in cash. She would like to
receive $5 in cash and deposit the rest of the money in her savings account. What is the total deposit?
MY ANSWER=$1001.75
4. At Pablo's Pizza, the regular price for a large, one-topping pizza is $12.98. Pablo's offers a markdown rate of 32 percent on Tuesdays. What is the total price for 2 large, one-topping pizzas, purchased on Tuesday?
MY ANSWER=$17.66
Am I correct? Thank you!!
1.
998.41 + 177.00 - 378.00 = ?
2. No. What is his weekly wage?
3. Yes.
4. Yes.
Hi Ms. Sue,
Thank you for answering the questions. As for #2, a weekly wage was not mentioned in the question. I am wondering if the answer would be "not enough information"?
I agree. Not enough information is given for number 2.
1. To find the ending balance for Michael Koepler's bank statement in October, you start with his previous balance of $998.41. Then, you need to add any deposits and subtract any checks written in October. He deposited $177.00 and wrote checks totaling $378.00.
To calculate the ending balance, you would add the previous balance ($998.41) and the deposits ($177.00), and then subtract the checks written ($378.00).
So, the ending balance would be:
$998.41 + $177.00 - $378.00 = $797.41
Thus, your answer of $797.41 is correct.
2. Todd sells discount coupon cards and earns a bonus of 90 cents for each card sold. In one week, he sold 100 cards. To calculate Todd's weekly pay, you need to multiply the number of cards sold (100) by the bonus per card ($0.90).
So, Todd's weekly pay would be:
100 cards * $0.90 per card = $90
Hence, your answer of $90 is correct.
3. Sophia Montez has two checks, one for $555.50 and another for $221.25, and $230 in cash. She wants to receive $5 in cash and deposit the rest into her savings account. To calculate the total deposit, you need to combine the amounts of the checks and subtract the amount of cash Sophia wants to keep.
Adding the amounts of the two checks:
$555.50 + $221.25 = $776.75
Subtracting the amount Sophia wants to keep in cash:
$776.75 - $5 = $771.75
Therefore, the total deposit would be $771.75.
Hence, your answer of $771.75 is correct.
4. At Pablo's Pizza, the regular price for a large, one-topping pizza is $12.98. On Tuesdays, they offer a markdown rate of 32 percent. To calculate the total price for two large, one-topping pizzas purchased on Tuesday, you need to multiply the regular price by the markdown rate and then multiply that by the quantity of pizzas.
Calculating the markdown amount for one pizza:
$12.98 * 0.32 = $4.1568
Subtracting the markdown amount from the regular price:
$12.98 - $4.1568 = $8.8232 (approximately)
Multiplying the adjusted price by the quantity of pizzas:
$8.8232 * 2 = $17.6464
Hence, the total price for two large, one-topping pizzas purchased on Tuesday would be approximately $17.65.
Therefore, your answer of $17.66 is close, but rounded to two decimal places, it would be $17.65.
Overall, you have done well with these calculations!