Contemporary Business Mathematics with Canadian Applications 12th edition by S A. Hummelbrunner test
for $369 000. Whitby charges the property tax at the mill rate of 13.59815, whereas Oshawa charges the property
tax at the mill rate of 16.18347. What will be his net property tax penalty/saving?
Answer: Property Tax in Whitby =
13.59815
1000
× 389000 = $5289.68
Property Tax in Oshawa =
16.18347
1000
× 369000 = $5971.70
Net property tax penalty = $682.02
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
106) Justin is planning to buy a house. He has two options. A 1800 sq. ft. bungalow in Courtice costs $389 000. A
similar house costs $369 000 in Bowmanville. Justin plans to base his decision on the cost of property tax paid.
Whitby charges the property tax at the mill rate of 13.59815, whereas Oshawa charges the property tax at the
mill rate of 16.18347. Where will he end up paying less taxes?
A) In Courtice B) Taxes are the same in both the cities
C) In Bowmanville D) There is not enough data to make a decision
Answer: A
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
107) Paul is a homeowner in Whitby and his home value has been recently assessed by MPAC as $339 500. Paul's tax
notice lists the following mill rates for various local services and capital developments. Calculate current year's
total property tax.
Town general municipal 4.19938
Region subtotal 7.18877
Education 2.21000
Answer: Total property tax rate = 4.19938 + 7.18877 + 2.21 = 13.59815
Total property tax =
13.59815
1000
× 339500 = $4616.57
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
108) Simplify:
5 2 +6 2 +7 2
5 + 6 + 7
A) 0.58 B) 1 C) 6.11 D) 10.49 E) 0.24
Answer: A
109) Simplify:
- 3 + 3 2 - 4 × 1 × 2
2 × 1
A) 1.5 B) -1.5 C) -1 D) 1 E) 0
Answer: C
110) Simplify:
$636
0.09 +
301
365
A) $695 B) $7067 C) $665 D) $771 E) $765
Answer: A
111) Simplify: 5
3
4
+ 7
5
8
- 9
1
2
A) 22
7
8
B) 3
1
8
C) 3
1
16
D) 3
7
16
E) 3
7
8
Answer: E
112) Simplify and round the answer to two decimal places: 56.929 - 36.434
A) 20.50 B) 20.48 C) 20.49 D) 20.53 E) 20.54
Answer: A
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
113) Change 0.25% into a decimal.
Answer: 0.25/100 = 0.0025
114) Change 0.035 into a percent.
Answer: 0.035 ? 100 = 3.5%
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
115) Change 0.2% into a fraction.
A)
1
50
B)
1
2
C)
1
12
D)
1
500
E)
1
5
Answer: D
116) Express the following as a percentage:
15
84
A) 1.667% B) .001667% C) 16.67% D) .1667% E) 166.67%
Answer: C
117) Change the following expression into a decimal: 166.67%
A) 166.7 B) 1.6667 C) 166667 D) 16667 E) 0.16667
Answer: B
118) 87
1
2
% is equal to:
A)
87.5
100
% B) 87
1
200
C)
5
8
D)
7
8
E) 8.75
Answer: D
119) Convert 99.5% into decimals.
A) 0.995 B) 0.9 C) 0.999 D) 9.95 E) 0.99
Answer: A
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
120) Simplify: 2[4 2 - 3 × 12 + 4(7 - 9 × 50)] + (6 + 9 4 )
Answer: = 2[4 2 - 3 × 12 + 4(7 - 9 × 50)] + (6 + 9 4 )
= 2[16 - 3 × 12 + 4(7- 9 × 50)] + 6 + 9 4
= 2[16 - 36 + 4(- 443)] + 6 + 9 4
= 2[16 - 36 - 1772] + 6 + 9 4
= 2[- 1792] + 6 + 9 4
= - 3584 + 6 + 9 4
=-3584 + 6 + 6561
= - 3578 + 6561
= 2983
121) Simplify: 44[(9 ÷ 3) + 72 - 6 × 2.5 - 19] - [42 - 3(77 ÷ (3.5 × 2)) - 9]
Answer: = 44[3 + 72 - 15 - 19] - [42 - 3(77 ÷ 7) - 9]
= 44[60 - 19] - [42 - 3(11) - 9]
= 44(41) - [42 - 33 - 9]
= 44(41) - [9 - 9]
= 1804 - 0
= 1804
122) Simplify, then round to the nearest hundredth:
2540
2 - 0.44 +
671
1342
Answer: =
2540
1.56 +
671
1342
=
2540
1.56 +
1
2
=
2540
1.56 + 0.5
=
2540
2.06
= 1233.01
123) Convert this fraction into the decimal form. If appropriate, place a dot above a decimal number to show that it
repeats: 17
12
Answer: 1.416
124) Convert this fraction into the decimal form. If appropriate, place a dot above a decimal number to show that it
repeats:
6
20