# MAT 126 Week 4 Quiz

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MAT 126 Week 4 Quiz

A tie pin which sells for \$200.00 has a markup rate of 30% on the selling price. Find the amount of the markup and the cost.

Find the missing value

A single card is drawn from a deck. Find the probability of selecting a 3 or a club

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 against an event are 8:8. Find the probability that the event will occur.

Express 3.46 as a percent

A coat was reduced from \$250 to \$200. Find the percent of the reduction in price

Express 81.6% as a decimal

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

A building has a market value of \$229,000.00. If it is assessed at 50% of market value and the tax rate is 40 mills, find the property tax

A lottery has one \$2000 prize, two \$1000 prizes, and ten \$500 prizes. Two thousand tickets are sold at \$5 each. Find the expectation if a person buys two tickets.

Dr. Sand borrowed some money to buy new furniture for her office. She paid \$245.00 simple interest on a 3.5-year loan at 3.5%. Find the principal.

Find the missing numbers

Two dice are rolled. Find the probability of getting a sum greater than 8

A coat with an original price of \$300.00 is on sale for \$285.00. Find the percent of the markdown

The odds in favor of an event are 10:1. Find the probability that the event will occur

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 not blue?

Find the maturity value

A coin is tossed and then a die is rolled. Find the probability of getting a 5 on the die given that the coin landed tails up

Katie had an unpaid balance of \$1,734.50 on her credit card statement at the beginning of January. She made a payment of \$165.00 during the month. If the interest rate on Katie's credit card was 7% per month on the unpaid balance, find the finance charge and the new balance on February 1.

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