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Business Math: Help and Review Final Exam

Free Practice Test Instructions:

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

Question 1 1. Count from 0.21 to 0.28.

Question 2 2. Compare using <, >, or =.

Question 3 3. Looking at the pie chart 'Who Sells The Most Fast Food?', how many sectors can be determined?

Question 4 4. Use the sum of the years' digits method to calculate the depreciation percentage for year 4 for a printing press purchased for $150,000 with a life of 20 years.

Question 5 5.

Find the average of the following numbers.

8, 5, 10, 12, 20

Question 6 6. Using the double declining balance method, calculate the depreciation percentage per year of a vehicle with a life expectancy of 4 years.

Question 7 7. A photocopier has a value of $2,000 and a life of 5 years. What is the percentage depreciation each year using the double declining balance method?

Question 8 8. Count from 2.9 to 3.4.

Question 9 9. Which linear equation is in standard form?

Question 10 10.

Which of the following expected values would a casino want for their games, if the expected value is being calculated in terms of the losses and gains of the player?

A) 10

B) -4

C) -2

D) 2

Question 11 11.

Find the variance for the following data set:

16, 20, 14, 24, 16, 19, 30, and 8

Question 12 12. Which step below shows an error in solving for the distance between the two points (3,4) and (-3,2)?

Question 13 13. A printer was purchased for $20,000 with a life expectancy of 20 years. What is the depreciation for year 1 if you purchased it in May?

Question 14 14. Compare using <, >, or =.

Question 15 15. Which variable or variables need to be eliminated from the third equation in order to solve via the Gaussian elimination method?

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Business Math: Help and Review Final Free Practice Test Instructions

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

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