MAT 126 Week 4 Quiz
This document MAT 126 Week 1 Quiz contains solutions on these questions:
A single card is drawn from a deck. What is the probability of getting a queen or a king?
How many different three letter permutations can be formed from the letters in the word clipboard?
In a classroom, the students are 11 boys and 1 girl. If one student is selected at random, find the probability that the student is a girl.
A box contains five blue, eight green, and three yellow
marbles. If a marble is selected at random, what is the
probability that it is yellow?
The odds in favor of an event are 10:1. Find the probability
that the event will occur.
Two dice are rolled. Find the probability of getting a sum greater than 8.
Find the future value of an annuity if you invest $1,550 annually for 5 years at 11.5% compounded annually.
Express 81.6% as a decimal.
Find the missing value.
A single card is drawn from a deck. Find the probability of selecting a 10 or a diamond.
Dr. Collins borrowed some money to buy new furniture for her office. She paid $720.00 simple interest on a 7.5year loan at 16%. Find the principal.
A single card is drawn from a deck. What is the probability of getting a queen or a king?
A package contains 9 candy canes, 6 of which are cracked. If 2 are selected, find the probability of getting no cracked candy canes.
If two people are selected at random, what is the probability that they were both born in May?
A company borrowed $3100. It must make monthly payments of $178.37 for 18 months to pay off the loan. Use the constant ratio formula to find the annual percentage rate.
A single card is drawn from a deck. Find the probability of selecting a 3 or a club.
On November 1, the Holiday House Store marked up a $50 decoration by 30%. On November 28, the decoration was
marked down 10%. It was marked up 20% on sales on December 1. Finally, it was marked down 70% on December 26. Find the final selling price.
A coat with an original price of $300.00 is on sale for $285.00. Find the percent of the markdown.
A company borrowed $1500. It must make monthly payments of $40.50 for 42 months to pay off the loan. Use the constant ratio formula to find the annual percentage rate.
Find the effective rate when the stated rate is 13.5% and the interest is compounded semiannually.

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