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TASHFORD MAT 126 Week 4 Quiz Course(Uop)/TutorialRAnk

Question : A single card is drawn from a deck. What is the probability of getting a queen or a king? 2. Question : In a shop there are 20 customers, 18 of whom will make a purchase. If three customers are selected, one at a time, at random, what is the probability that all will make a purchase?

Question : A single card is drawn from a deck. What is the probability of getting a queen or a king?

2. Question : In a shop there are 20 customers, 18 of whom will make a purchase. If three customers are selected, one at a time, at random, what is the probability that all will make a purchase?

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ASHFORD <strong>MAT</strong> <strong>126</strong> <strong>Week</strong> 4 <strong>Quiz</strong><br />

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1. Question : A single card is drawn from a deck. What is the<br />

probability of getting a queen or a king?<br />

2.Question : In a shop there are 20 customers, 18 of whom will<br />

make a purchase. If three customers are selected, one at a time, at<br />

random, what is the probability that all will make a purchase?<br />

3.Question : A coat was reduced from $250 to $200. Find the<br />

percent of the reduction in price.<br />

4.Question :<br />

Find the missing numbers.


5.Question : A company borrowed $1500. It must make<br />

monthly payments of $40.50 for 42 months to pay off the loan. Use<br />

the constant ratio formula to find the annual percentage rate.<br />

6.Question : A $400 loan is to be paid off in 66 monthly<br />

payments of $11.62. The borrower decides to pay off the loan after<br />

18 payments. Use the rule of 78s to find the amount of interest<br />

saved.<br />

7.Question : A single card is drawn from an ordinary 52-card<br />

deck. Find the probability of getting a heart and a jack.<br />

8.Question : A company borrowed $3100. It must make<br />

monthly payments of $178.37 for 18 months to pay off the loan.<br />

Use the constant ratio formula to find the annual percentage rate.<br />

9.Question : A coin is tossed and then a die is rolled. Find the<br />

probability of getting a 5 on the die given that the coin landed tails<br />

up.


10. Question : Katie had an unpaid balance of $1,734.50 on<br />

her credit card statement at the beginning of January. She made a<br />

payment of $165.00 during the month. If the interest rate on Katie's<br />

credit card was 7% per month on the unpaid balance, find the<br />

finance charge and the new balance on February 1.<br />

11. Question : Find the missing value.<br />

12. Question : In a classroom, the students are 11 boys and 1<br />

girl. If one student is selected at random, find the probability that<br />

the student is a girl.<br />

13. Question : Express 3.46 as a percent.<br />

14. Question : The odds in favor of an event are 10:1. Find the<br />

probability that the event will occur.<br />

15. Question : Find the maturity value.<br />

16. Question : Find the future value of an annuity if you invest<br />

$1,550 annually for 5 years at 11.5% compounded annually.<br />

17. Question : Find the effective rate when the stated rate is<br />

13.5% and the interest is compounded semiannually.


18. Question : Find the missing numbers.<br />

19. Question : Find the missing value.<br />

20. Question : A tie pin which sells for $200.00 has a markup<br />

rate of 30% on the selling price. Find the amount of the markup<br />

and the cost.

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