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Five problem of Consumer Mathematics

1. 2 sizes of Jam 14 ounces for $1.29 or 32 ounces for $2.99
Which is the better buy?

2. The price of bread increased $1.39 to $1.49. To the nearest tenth of a percent what is the increase?

3. A college had a 1.5% decrease in students. If there were 22,400 students before the decrease how many students are there now?

4. Shelley borrowed $722.50 to buy a computer. If the simple interest is 8% per year. What are the monthly payments for 18 months? I=PRT

5. A women purchases a home from for $96,000. Find the mortgage if the down payment is 15% of the purchase price

Solution Preview

Please see the attached file.

1. 2 sizes of Jam 14 ounces for $1.29 or 32 ounces for $2.99
Which is the better buy?

First size: $1.29/14= $0.092 / ounce
Second size: $2.99/32= $0.093/ ounce
So the first one is a better buy.

2. The price of bread increased $1.39 to $1.49. To the nearest tenth of a ...

Solution Summary

The solution provides step-by-step instructions and explanations for the Consumer Mathematics problems.

$2.19