The Math Forum

Search All of the Math Forum:

Views expressed in these public forums are not endorsed by NCTM or The Math Forum.

Math Forum » Discussions » sci.math.* » sci.math

Notice: We are no longer accepting new posts, but the forums will continue to be readable.

Topic: An old SAT problem
Replies: 11   Last Post: Apr 11, 2007 4:37 PM

Advanced Search

Back to Topic List Back to Topic List Jump to Tree View Jump to Tree View   Messages: [ Previous | Next ]

Posts: 67
Registered: 10/20/06
Re: An old SAT problem
Posted: Apr 10, 2007 6:19 PM
  Click to see the message monospaced in plain text Plain Text   Click to reply to this topic Reply

On Apr 10, 11:04 am, "Stephen J. Herschkorn" <>
> >I ran across old (1926) SAT math problems and
> >one of them puzzles me -- it's stated as follows:

> > A man buys a house and lot for $8,500 but is obliged to pay
> > $500 back taxes on the property. He leases the property at the
> > rate of $75 a month. What rate of interest does this investment
> > bear?

> >I think I'm missing something here -- any clue?

One other (obvious) point is that the SAT is a multiple choice test.
So yes, it's possible that they want some complicated analysis where
it would matter whether the interest was paid on the first of the
month or the last, but I bet it wouldn't. Specifically, if you think
"hmm, do they mean A or B or C" then you could do the math for A, B,
and C, and see which if any of those answers appear as a possibility.
In all likelihood, only one of them would.


Point your RSS reader here for a feed of the latest messages in this topic.

[Privacy Policy] [Terms of Use]

© The Math Forum at NCTM 1994-2018. All Rights Reserved.