Question

PLEASE HELP I NEED ANSWERS 3 and 4!!

For questions 3 and 4, you will be answering by filling in the blanks. Please be aware that your answer must include any commas or decimals in their proper places in order to be correct. The dollar signs have been provided. For
example, if the answer is $1,860.78, then you will enter into the blank 1,860.78. Do not place any extra spaces between numbers, commas, or decimal places. Round any decimals to the nearest penny when the answer involves money, so that $986.526 would be typed into the blank as 986.53 and $5,698.903 would be typed into the blank as
5,698.90.

3. Your friend gives you a gift card for $25.00. CDs cost $10.98 each plus 5.25% sales tax. You
buy as many CDs as possible without having to pay any extra money. What is the balance on
the card after the purchase?
$____.

4. You go to the wholesale club and buy a large bag of 12 smaller chip bags at $10.50. At your
local store, the individual chip bags cost $0.99/bag. How much do you save per dozen bags by buying in bulk?
$____.

Answer 1

3. The cost of one CD with tax is (1 + 0.0525) x $10.98 = $11.57.

Dividing the gift card value by the cost of one CD, we get $25.00 ÷ $11.57 ≈ 2.16 CDs. Since we can't buy a fractional part of a CD, we can buy a maximum of 2 CDs.

The cost of two CDs with tax is 2 x $11.57 = $23.14.

Subtracting the cost of the CDs from the gift card value, we get the balance on the card after the purchase:

$25.00 - $23.14 = $1.86.

Therefore, the balance on the card after the purchase is $1.86.

4. The cost per bag of chips at the wholesale club is $10.50 ÷ 12 = $0.875.

The cost per bag of chips at the local store is $0.99.

Therefore, the amount saved per bag of chips is:

$0.99 - $0.875 = $0.115.

Rounding to the nearest cent, the amount saved per bag of chips is $0.12.

Since there are 12 bags of chips in the large bag, the total amount saved is:

$0.12 x 12 = $1.44.

Therefore, you saved $1.44 on the purchase of the large bag of chips compared to buying 12 individual bags at the local store.