Answers to 20Sconsumer practice test

Hi Again Math People (20S Consumer- Joe's afternoon class, that is):

This entry is for C-L (you know who you are) and anyone else who may not have picked up the review sheet for test 1 or the answer key. Here are the answers.

Part A

1. 1404 2. 1701 3. 587 4. 133r2

5. 3 hrs,52 mins 6. 5.8

7. Sandy, 84%; Billy, 80%; Tommy-Joe, 86%

8. CPP, Federal Tax, Provincial Tax, E.I., possibly union dues

Part B

1. $106.92 2. $165.20 3. a) 7.5 hrs b) $108.75

4. do not do 5. $9.86

6. The job with 15% raise is better by $0.19

7. a) $468.75 weekly b) $2437.50 or 2437.76 (either are acceptable)

8. $34,424 9. $14.09 10. $15,868.50 11. $10.71

There is no number 12. 13. 21 hrs, 25 minutes

14. 3.35 hrs. 15. 8:43 or 8 hrs., 43 minutes

16. A pension for when you retire or if you become disabled and can't work

17. Both branches of government have their own expenses.

Part C

1. His income should read $804.80 bi-weekly, which is $10.06 per hour

2. $28.82 3. $520 4. $17.80 5. $7.80

Three-Week Update

Hi Math People Out There:

Well, three weeks of our 18-week courses are now in the books and I thought I'd give you an update on what's been happening in class – so, just scroll down to your class and get up to date.
40S Consumer (morning class):
Exploration 1 – Personal Finance (pages 22,23; # 1 – 8, (not 5(c)))
Exploration 2 – Mortgages (pages 32,33; # 1 – 8 all)
Simple Interest Formula Questions and Calculations
Exploration 4 – Gross Debt Service Ratio (page 53, # 1 – 3)
40S Consumer (evening class):
Exploration 1 – Personal Finance (pages 22,23; # 1 – 8, (not 5(c)))
Exploration 2 – Mortgages (pages 32,33; # 1 – 8 all)
Simple Interest Formula Questions and Calculations
Exploration 3 – Exploring Mortgage Payments – (just a discussion on this, no
questions were assigned – will touch on some possible questions later)
Assigned the first half of last year's Test 1 as homework.
Note: After class on Monday, Oct. 5, the morning class and the evening class will match again as they should.

20S Consumer (afternoon class): Here is an update of the last few classes.
- We've been calculating wages based on regular and overtime hours worked.
- Learning to tell time on the 24-hr. clock.
- Next we did payroll deductions and looked carefully at the examples on pages
56, 58, and 60.
- I introduced the % grid and we learned how to do questions that call for a 10%
or 12% raise.
The last assignment I gave was pages 73 – 75, # 1 – 11.

31G Math Essentials (evening class): Finished the “basics” and gave two quizzes. Gave the first quiz back to some and suggested that they finish the rest of the questions for more practice. If you are not getting 85 - 90% on the basics you need to keep practicing, because the first test is going to be all no calculator.
This Tuesday coming, Oct. 6, we will be starting into positive and negative numbers. I will also be doing some basics of algebra and geometry. If I stay true to my plan, I'll be combining the concepts where possible.
Your job is to get those basics of fractions, decimals and percents down as best you can.
See you in class,
Joe