Math 20 question multiple choice quiz

Nathaniel buys a pair of jeans costing $45.30. Using the table below to find the sales tax on this item, what is the total purchase price?Amount of SaleTax44.70 − 44.892.9244.90 − 45.092.9345.10 − 45.292.9445.30 − 45.492.95a.$48.35b.$48.25c.$47.00d.$48.02Eva purchases a bicycle costing $150.95. State taxes are 5.5% and local sales taxes are 2.4%. The store charges $30 for assembly. What is the total purchase price? (Round your answer to the nearest cent if necessary) a.$155.95b.$192.88c.$161.41d.$168.25Georgia bought outdoor furniture for a total purchase price of $2,150.75. State taxes were 5.75%. Find the amount of the sales tax. (Round your answer to the nearest cent if necessary) a.$123.67b.$116.94c.$109.91d.$154.08Spiros purchases a Rolex watch costing $10,600. State taxes are 4.5% and the federal excise tax is 11%. What is the total purchase price?a.$11,752b.$11,320c.$11,128d.$12,243Al purchases a speedboat costing $24,500. State taxes are 5.5% and federal excise tax is 13%. What is the total purchase price? (Round your answer to the nearest cent if necessary) a.$25,442.50b.$27,128.50c.$29,032.50d.$26,240.00You have some property that has an assessed value of $87,500. If the tax rate is $8.79 per $100 of assessed value, calculate the tax due. (Round your answer to the nearest cent if necessary) a.$8,999.63b.$7,722.60c.$9,325.36d.$7,691.25Logan and Marlo are married and filing jointly. Their taxable income is $74,223. Use the Tax Table, Exhibit 18-3 from your text, to find their tax liability.a.$12,969b.$10,269c.$10,256d.$14,413Isabella is filing as the head of a household. Her taxable income is $68,014. Use the Tax Table, Exhibit 18-3 from your text, to find the tax liability.a.$9,296b.$13,206c.$12,863d.$11,419Caterina is single. Her taxable income is $59,541. Find the tax liability using the Tax Table, Exhibit 18-3 from your text.a.$8,094b.$10,911c.$11,081d.$11,056How much would Olga’s semiannual premium be for a 5-year term insurance policy with a face value of $350,000, based on Tables 19-1 and 19-2 from your text? She turned 26 years old on her last birthday. (Round your answer to the nearest cent)a.$549.70b.$456.82c.$450.00d.$392.50At age 22, Valencia has decided to purchase a 5-year term insurance policy with face value of $165,000. Use the table in the book to calculate her semiannual premium.a.$190.48b.$192.27c.$366.30d.$351.90At age 29, Wendi purchased a 20-year endowment insurance policy with face value of $230,000. She is now 32 and wants to cancel her policy. Determine the amount of reduced paid-up insurance to which she is entitled.a.$17,338b.$22,310c.$19,879d.$15,070Sunshine was transferred to another city and must sell her home. She renewed her homeowner’s policy effective 11 months ago, with an annual premium of $902.00. How much of a refund will she receive based on Table 19-5 in your text?a.$39.97b.$87.41c.$91.74d.$45.10Maya was involved in an auto accident in which she was at fault. Her own car sustained $1,926 damages and the other vehicle cost $1,126 to repair. Maya was not injured, but the driver of the other car required medical treatment costing $3,448 and a passenger’s injuries totaled $3,946. Maya’s policy includes 10/20/5 liability, $250 deductible collision and full coverage comprehensive. How much of the damages must Maya pay?a.$385b.$250c.$260d.$955Ignacio was involved in an auto accident in which he was at fault. His own car sustained $3,827 damages and the other vehicle cost $1,709 to repair. Ignacio was not injured, but the driver of the other car required medical treatment costing $34,550 and a passenger’s injuries totaled $3,944. Ignacio’s policy includes 15/30/10 liability, $250 deductible collision and $100 deductible comprehensive. How much of the damages must the insurance company pay?a.$21,840b.$30,000c.$43,680d.$24,230Linda was involved in an auto accident in which she was at fault. Her own car sustained $3,293 damages and the other vehicle cost $982 to repair. Linda was not injured, but the driver of the other car required medical treatment costing $8,668 and a passenger’s injuries totaled $22,035. There was additional property damage in the amount of $3,296. Linda’s policy includes 50/100/50 liability, $500 deductible collision and full coverage comprehensive. How much of the damages must Linda pay?a.$37,774b.$500c.$2,793d.$4,278Scott was involved in an auto accident in which he was at fault. His own car sustained $2,380 damages and the other vehicle cost $2,748 to repair. Scott was not injured, but the driver of the other car required medical treatment costing $32,180. Scott’s policy includes 10/20/5 liability, $250 deductible collision, and full coverage comprehensive. How much of the damages must the insurance company pay?a.$22,430b.$32,180c.$37,308d.$14,878At age 20, Zia purchased a 20-payment life insurance policy with face value of $415,000. She is now 40 and wants to cancel her policy. Use Table 19-3 from your text to calculate the amount of reduced paid-up insurance to which she is entitled.a.$415,000b.$382,530c.$41,500d.$354,665If Carly’s husband were to die, she and her children could live on $50,100 per year. Carly makes $28,500 annually, and estimates additional income of $8,300 from other sources. How much insurance should she purchase on her husband to cover the shortfall, assuming a 17.7% prevailing interest rate? (Round to nearest $1,000)a.$57,000b.$84,000c.$75,000d.$156,00023/05/20195mathematics