A sweater sells for $130.50. Overhead expenses are 25% of cost and operating profit is 20% of cost. What rate of markdown will price the sweater at the break-even price?

Write a verbal description of $t<7$ .

A) t is less than 7 .
B) t is greater than 7 .
C) t is less than or equal to 7 .
D) t is greater than or equal to 7 .
E) t is equal to 7 .

Subtract $3y^2-3y^3\text{ from }9y^5+9y^3$ .

A) $6y^3+12$
B) $-9y^5-12y^3+3y^2$
C) $-6y^3-12$
D) $9y^5+12y^3-3y^2$
E) $6y^5+12y^3$

Durable Toys Inc. wants to calculate from recent production data the monthly fixed costs and unit variable costs on its Mountain Trike product line. In the most recent month, it produced 530 Trikes at a total cost of $24,190. In the previous month, it produced 365 Trikes at a total cost of $18,745. What are the fixed costs per month and the unit variable costs?

Quarterly contributions of $700 are made to an RRSP that earns 6% compounded monthly. How much will be in the plan immediately after the twentieth deposit?

A) $14,685.38
B) $16,198.55
C) $12,190.19
D) $16,442.74
E) $12,009.15

Allied Industries, Inc. insured an office building for $390,000 for one year at a premium rate of $7.10 per thousand. At the end of nine months, the insurance company canceled the policy. Compute the amount of the refund received by Allied Industries, Inc.