Real - World MATH

Mr. Fox

Editor

Business Math 2 Month of November

Important Dates

Nov. 17 Periods 2&3

Practice Math A Exam

Room 213

Nov. 20 12:00 – 2:00

Math Club

Thanksgiving Party

Nov. 28 Periods 8&9

Math Bee Contest

Auditorium

Students Favorite

Math Sites

Math Teachers

(http://www.nctm.org/)

Ask Dr. Math

(http://mathforum.org/)

MathGameRoom

(http://www.funbrain/)

Algebra online

(http://www.algebra-online.com/)

Math Puzzles

(http://www.cuttheknot.org/)

Mathematics

For

Accountants

1) Rewrite the above equation in terms of L and then in terms of C Hint (Use your knowledge of Algebra to solve)

2) If A = 5x, and C = 2x, find L in terms of x

Quotation for the month

Formulas for finding areas of Geometric Figures

Triangle = bh/2

Parallelogram = bh

Rectangle = lw

Square = s²

Trapezoid

= h(b₁+b ₂)/2

Circle = πr²

1) Identify the geometric shapes below and state 3 properties of each

2) The circle shown below has a radius of 7 centimeters. Find the area of this circle

Topics in

Accounting

Finance

Insurance

Statistics

Taxation

Problem Solver

From the table below, determine the amount of taxes a person by law must pay the Federal Government

Tax (%)	Taxable Income	Actual Earned Income
23%	0 – 26,000	a) 16,375
33%	26,001 -33,000	b) 31,356
39%	33,001 – 100,000	c) 89,470
43%	> 100,000	d) 223,750

Solution: Problem Solver #1

a) _______________

b) _______________

c) _______________

d) _______________

The Madisons want to budget their income. They estimate that their net income this year will be $87,000. The percentages below show how they plan to spend the net income. Find the dollar amount they plan to spend on each type of expense.

Expenses	Percent	Amount
Food	25%	a)
Clothing	10%	b)
Rent	28%	c)
Travel	14%	d)
Savings	17%	e)
Other	6%	f)

Solution: Problem Solver #2

a) _____________

b) _____________

c) _____________

d) _____________

e) _____________

f) _____________

There is an 8.25% tax on all purchases made in New York City. How much was the purchase, if the tax was $6.27?

Jose works as a student aid in her high school. His hourly rate is $9.25 plus time-and-a-half for hours worked over 25 per week. What is his gross pay if he worked 26 hours this week?

The 3 law partners of the legal firm Fox/Wolf/Bear, share profits in the ratio of 3:5:7. How much will each partner receive, if the firm made $112,500 in profits?

The value of a fixed asset depreciated from $23,000 to 16,500. Find the percent of decrease.