# Saxon Algebra 2: Other Types of Equations Chapter Exam

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#### Question 1 1. You're saving up for a $16,000 car. If you put $6,000 in a bank account that gives you 12% interest each year, how many years, to 1 decimal place, will it take before you have enough money for the car?

#### Question 2 2. Rebecca wants to borrow $500 to buy her favorite video game player and a couple of games. She asks a friend to lend her this amount, offering to pay him back $548 in 9 months. What is the annual interest rate for this short term loan?

#### Question 3 3. A retail store produces an item at a cost of $5.00. The markup on this item is 100 percent. Then it has a markdown of 10 percent. What is the final cost of this item?

#### Question 4 4. The manufacturing cost of an item is $15.00. Which of the following produces a markup of 100 percent?

#### Question 5 5. Sean needs to borrow $1000 to fly to Europe in the summer. His friend Tim offers him a loan over two years, at an annual interest rate of 4%. He can also borrow the same amount from his bank at an annual rate of 5%, but the loan needs to be paid back in 18 months. In addition, his cousin offers to loan him the $1000, provided that Sean pay her back $1100 in two years. Which of the following statements is true?

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#### Question 6 6. The retail price of a toothbrush is $40. What is the price after a markdown of 30 percent?

#### Question 7 7. Tom deposits $2,000 into an account with an interest rate of 2.5% that is compounded quarterly. Rounding to the nearest dollar, what is the balance in Tom's account after 5 years?

#### Question 8 8. The cost to manufacture a hair clip is $0.50. With a markup of 200 percent, what is the selling price of this hair clip?

#### Question 9 9. Which of the following is the correct formula for compound interest?

#### Question 10 10. Which of the following are the solutions to the equation below?

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#### Question 11 11. Becky deposits $12,000 into an account with an interest rate of 7% that is compounded monthly. Rounding to the nearest dollar, what is the balance after 7 years?

#### Question 12 12. Solve the exponential equation below for x:

#### Question 13 13. Calvin has twice as many dimes as nickels. If he has a total of $4, how many nickels does he have?

#### Question 14 14. Helen expects to receive $2000 in six months. Her bank offers loans at an annual rate of 5.60%. How much could she borrow now if she wants to be able to pay off the entire loan (including interest) with the $2000 she will receive in six months?

#### Question 15 15. Solve the exponential equation below for x:

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#### Question 16 16. Solve the equation.

#### Question 17 17. The following differential equation represents the change in population as a function of time. What does the 0.03 represent in this equation?

#### Question 18 18. In the compound interest formula, what does the n stand for?

#### Question 19 19. Jennifer has three more dimes than nickels and three times as many quarters as nickels. If she has $7.50, how many quarters does she have?

#### Question 20 20. Sam deposits $5,000 into an account with an interest rate of 3% that is compounded monthly. Rounding to the nearest dollar, what is the balance after 10 years?

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#### Question 21 21. Which of the following represents an equation for your bank balance as a function of time given a starting balance of $147 and an interest rate of 3%

#### Question 22 22. Solve the differential equation for your bank balance given as follows.

#### Question 23 23. Given a population growth of 3%, how long will it take for the population to grow from 100 to 150?

#### Question 24 24. Faith buys gifts for 5 friends. If each gift costs $18, how much did she spend in total?

#### Question 25 25. George earns $12 per hour painting houses. If he works for 7 hours one day, how much does he earn?

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#### Question 26 26. Which quadratic equation below is in standard form and could be solved right away without doing any other algebra first?

#### Question 27 27. If the population of a city grows 25% in 3 years, what is the yearly growth rate?

#### Question 28 28. Rewrite the quadratic below in standard form:

#### Question 29 29. Find the roots of the equation.

#### Question 30 30. Solve the exponential equation below for x:

#### Saxon Algebra 2: Other Types of Equations Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!