SAT 2016 Practice Math Problems

@cerealguy3 You have a good understanding of absolute value & inequalities. Also, good use of plugging in method - that would probably save you some time on the real test.

16.) What is the sale price that a retailer has to put on an article originally priced at $280 to reduce it by 12% for an upcoming sale?

a) $235.50
b) $238.30
c) $241.20
d) $246.40

17.) William deposits $1,000 in an account that earns 4% interest, compounded quarterly. Rounding to the nearest dollar, what will the balance be after 3 years?

a) $1,118.00
b) $1,127.00
c) $1,131.00
d) $1,135.00

18.) What will be the final total amount of money after five years on an original investment of $20,000 if a 12% annual interest rate is compounded yearly?

a) $35,246.83
b) $36,385.23
c) $36,568.58
d) $37,156.10