Reference no: EM131028332
1) An admissions test given by a university contains 10 true-false questions. Eight or more of the questions must be answered correctly in order to be admitted.
a) How many different ways can the answer sheet be filled out?
b) How many different ways can the answer sheet be filled out so that 8 or more questions are answered correctly?
2) Choosing a Car Loan
A car dealer offers Mike the choice of two loans:
a) $3000 for 3 years at 12% per annum simple interest
b) $3000 for 3 years at 10% per annum compounded monthly
Which loan costs Mike the least?
3) Depletion Problem
How much should Mr. Graff pay for a gold mine expected to yield an annual return of $20,000 and to have a life expectancy of 20 years, if he wants to have a 15% annual return on his investment and he can set up a sinking fund that earns 10% a year?
4) Trust Fund Payouts
John is the beneficiary of a trust fund set up for him by his grandparents. If the trust fund amounts to $20,000 earning 8% compounded semiannually and he is to receive the money in equal semiannual installments for the next 15 years, how much will he receive each 6 months?
5) Buying a Car
A student borrowed $4000 from a credit union toward purchasing a car. The interest rate on such a loan is 14% compounded quarterly, with payments due every quarter. The student wants to pay off the loan in 4 years. Find the quarterly payment.
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Number of lightning strikes
: Determine whether the random variable xis discrete or continuous. Explain your reasoning. (a) Let xrepresent the number of lightning strikes that occur in Wyoming during the month of June.
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Is mcdonald''s addressing these trends
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How many different plates can be prepared
: Preparing a plate of cookies for 8 children, 3 types cookies {chocolate chip, peanut butter, oatmeal}, unlimited amount of cookies in supply but only cookie per child.
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How many possible social security numbers are there
: How many possible social security numbers are there if numbers can be repeated but 0 cannot be used for the first digit?
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How many different ways can the answer sheet be filled out
: How much should Mr. Graff pay for a gold mine expected to yield an annual return of $20,000 and to have a life expectancy of 20 years, if he wants to have a 15% annual return on his investment and he can set up a sinking fund that earns 10% a year..
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How is the theory integrated into care by all nurses
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Nursing conceptual model
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Initialize accumulator variable for total rainfall to zero
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How many choices are possible to find solution
: If who selected which choice is ignored (as a chef would). Analyze this part by the number of different choices made.
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