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Question 1195673: A 40-year-old man in the U.S. has a 0.24% risk of dying during the next year . An insurance company charges $290 per year for a life-insurance policy that pays a $100,000 death benefit. What is the expected value for the person buying the insurance? Round your answer to the nearest dollar.
Expected Value: $
for the year
Click here to see answer by ikleyn(52760)   |
Question 1195666: The weatherman says that there is a 72% chance of rain today.
What is the probability that it will not rain today?
%
What are the odds that it will rain today?
to
What are the odds that it will not rain today?
to
Simplify your answers and round to the nearest hundredth as needed.
Click here to see answer by Theo(13342)  |
Question 1195635: Jenelle bought a home for $220,000, paying 24% as a down payment, and financing the rest at 5.2% interest for 30 years. Round your answers to the nearest cent.
How much money did Jenelle pay as a down payment? $
What was the original amount financed? $
What is her monthly payment? $
If Jenelle makes these payments every month for thirty years, determine the total amount of money she will spend on this home. Include the down payment in your answer. $
Click here to see answer by Theo(13342) |
Question 1195670: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $5. There is 1 winning ticket out of the 290 tickets sold. The winner gets a prize worth $72. Round your answers to the nearest cent.
What is the expected value (to you) of one raffle ticket? $
Calculate the expected value (to you) if you purchase 6 raffle tickets. $
What is the expected value (to the PTO) of one raffle ticket? $
If the PTO sells all 290 raffle tickets, how much money can they expect to raise for the classroom supplies? $
Click here to see answer by Boreal(15235)  |
Question 1195640: Let
S={1,2,3,...,18,19,20} be the universal set.
Let sets A and B be subsets of S, where:
Set A={1,2,4,5,7,10,13,15,16,17}
Set B={1,3,6,9,10,12,16,17,18}
Determine the following:
n(A)=
n(¯A)=
n(B)=
n(A∩B)=
n(A∪B)=
Click here to see answer by Boreal(15235) |
Question 1195640: Let
S={1,2,3,...,18,19,20} be the universal set.
Let sets A and B be subsets of S, where:
Set A={1,2,4,5,7,10,13,15,16,17}
Set B={1,3,6,9,10,12,16,17,18}
Determine the following:
n(A)=
n(¯A)=
n(B)=
n(A∩B)=
n(A∪B)=
Click here to see answer by ikleyn(52760) |
Question 1195631: Roberto bought a $190,000 house, paying 16% down, and financing the rest at 5% interest for 30 years. Her monthly payments are $856.77. How much will he really pay for her $190,000 house?
Roberto will pay a total of $ ____ for the house.
Click here to see answer by Boreal(15235) |
Question 1195631: Roberto bought a $190,000 house, paying 16% down, and financing the rest at 5% interest for 30 years. Her monthly payments are $856.77. How much will he really pay for her $190,000 house?
Roberto will pay a total of $ ____ for the house.
Click here to see answer by MathTherapy(10549)  |
Question 1195621: You want to be able to withdraw $35,000 each year for 15 years. Your account earns 6% interest.
a) How much do you need in your account at the beginning?
$
b) How much total money will you pull out of the account?
$
c) How much of that money is interest?
$
Click here to see answer by Boreal(15235) |
Question 1195630: Jenelle bought a home for $470,000, paying 20% as a down payment, and financing the rest at 6.8% interest for 30 years. Round your answers to the nearest cent.
How much money did Jenelle pay as a down payment? $
What was the original amount financed? $
What is her monthly payment? $
If Jenelle makes these payments every month for thirty years, determine the total amount of money she will spend on this home. Include the down payment in your answer. $
Click here to see answer by Boreal(15235) |
Question 1195629: You want to buy a $189,000 home. You plan to pay 20% as a down payment, and take out a 30 year loan for the rest.
a) How much is the loan amount going to be?
$
b) What will your monthly payments be if the interest rate is 5%?
$
c) What will your monthly payments be if the interest rate is 6%?
$
Click here to see answer by Boreal(15235) |
Question 1195627: You want to take out a $285,000 mortgage (home loan). The interest rate on the loan is 5%, and the loan is for 30 years. Your monthly payments are $1,529.94.
How much will still be owed after making payments for 15 years? $
How much will still be owed after making payments for 20 years? $
How much will still be owed after making payments for 25 years? $
Round your answers to the nearest dollar.
Click here to see answer by Theo(13342) |
Question 1195615: A bank features a savings account that has an annual percentage rate of
3.2 % with interest compounded semi-annually. Constanza deposits $5,500 into the account.
What is the annual percentage yield (APY) for the savings account?
APY= ___ %. Round to the nearest hundredth of a percent.
Click here to see answer by Boreal(15235) |
Question 1195614: A bank features a savings account that has an annual percentage rate of 3.5 % with interest compounded annually. Joshua deposits $12,000 into the account.
How much money will Joshua have in the account in 1 year?
Answer = $ ___ . Round answer to the nearest penny.
What is the annual percentage yield (APY) for the savings account?
APY= ___ %. Round to the nearest hundredth of a percent.
Click here to see answer by Boreal(15235) |
Question 1195625: John takes out a 6 year loan for $9300 at 12% interest compounded monthly. Calculate his monthly payment.
John's monthly payment will be $___
Time Value of Money Solver
Enter the given values.
N: =
0
Number of Payment Periods
I:% =
0
Annual Interest Rate as a Percent
PV: =
0
Present Value
PMT: =
0
Payment
FV: =
0
Future Value
P/Y:
12
Payments per Year
C/Y:
12
Compounding Periods per Year
PMT: =
Click here to see answer by Boreal(15235) |
Question 1195616: A bank features a savings account that has an annual percentage rate of 5.9 % with interest compounded annually. Juan José deposits $9,000 into the account.
What is the annual percentage yield (APY) for the savings account?
APY= __ %. Round to the nearest tenth of a percent.
Click here to see answer by Boreal(15235) |
Question 1195606: The value of a car dropped from $37,000 to $34,300 over the last year. Determine the absolute and relative change in this sitation.
Absolute Change: This car's value decreased by $
last year.
Round your answer to the nearest dollar.
Relative Change: This car's value decreased by
% last year.
Round your answer to the nearest tenth of a percent.
Click here to see answer by Boreal(15235) |
Question 1195607: The Total Return on an investment is the relative change in the investment value:
Total Return= Ending Value−Initial Value/Initial Value
Joy pays $15,000 for shares in a new company. She sells the shares 8 years later for $12,500. What was her total return on this investment? Round your answer to the nearest tenth of a percent.
Click here to see answer by Boreal(15235) |
Question 1195638: Let S = {1,2,3,...,18,19,20} be the universal set.
Let sets A and B be subsets of S, where:
Set A={2,3,5,6,7,11,12,13,14,16,17,19,20}
Set B={3,6,7,11,13,14,16,17}
LIST the elements in the set
A∪B:A∪B= {____ }
LIST the elements in the set
A∩B:A∩B= {____}
Enter the elements as a list, separated by commas. If the result is the empty set, enter DNE
Click here to see answer by Solver92311(821)  |
Question 1195634: You want to be able to withdraw $40,000 from your account each year for 15 years after you retire.
You expect to retire in 20 years.
If your account earns 10% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?
$
Round your answer to the nearest cent.
Click here to see answer by Boreal(15235) |
Question 1195634: You want to be able to withdraw $40,000 from your account each year for 15 years after you retire.
You expect to retire in 20 years.
If your account earns 10% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?
$
Round your answer to the nearest cent.
Click here to see answer by MathTherapy(10549) |
Question 1195618: Suppose you want to have $300,000 for retirement in 25 years. Your account earns 10% interest. Round your answers to the nearest cent.
a) How much would you need to deposit in the account each month?
$
b) How much interest will you earn?
$
Click here to see answer by Boreal(15235) |
Question 1195633: Suppose you invest $150 a month for 3 years into an account earning 7% compounded monthly. After 3 years, you leave the money, without making additional deposits, in the account for another 25 years. How much will you have in the end?
Click here to see answer by Boreal(15235) |
Question 1195623: You want to be able to withdraw $25,000 from your account each year for 15 years after you retire.
You expect to retire in 20 years.
If your account earns 8% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?
$
Round your answer to the nearest cent.
Click here to see answer by Boreal(15235) |
Question 1195582: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $3. There is 1 winning ticket out of the 230 tickets sold. The winner gets a prize worth $64. Round your answers to the nearest cent.
What is the expected value (to you) of one raffle ticket? $
Calculate the expected value (to you) if you purchase 12 raffle tickets. $
What is the expected value (to the PTO) of one raffle ticket? $
If the PTO sells all 230 raffle tickets, how much money can they expect to raise for the classroom supplies? $
Click here to see answer by Boreal(15235) |
Question 1195619: Suppose you invest $150 a month for 5 years into an account earning 8% compounded monthly. After 5 years, you leave the money, without making additional deposits, in the account for another 25 years. How much will you have in the end?
$
Suppose instead you didn't invest anything for the first 5 years, then deposited $150 a month for 25 years into an account earning 8% compounded monthly. How much will you have in the end?
$
Click here to see answer by Theo(13342) |
Question 1195880: Alligation method
You need a 200mL stock solution of 10mg/mL aminophylline to prepare several unit-dose oral syringes. You carry the standard 25mg/mL aminophylline solution. How much water and standard aminophylline (25mg/mL) do you combine to create this new solution?
Click here to see answer by josgarithmetic(39614) |
Question 1195880: Alligation method
You need a 200mL stock solution of 10mg/mL aminophylline to prepare several unit-dose oral syringes. You carry the standard 25mg/mL aminophylline solution. How much water and standard aminophylline (25mg/mL) do you combine to create this new solution?
Click here to see answer by greenestamps(13196)  |
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