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.