MCC Week 5 Mathematics Questions
3. A jar contains 18 red marbles numbered 1 to 18, 12 blue marbles numbered 1 to 12, and 10 white marbles numbered 1 to 10. A marble is drawn at random from the jar. Find the probability of the given event. Write your answers as integers or reduced fractions. If your answer is a reduced fraction, first write the un-reduced fraction that you started with for example (10/12=5/6 ) (Fractions)
(a) The marble is red.
(b) The marble is not red.
(c) The marble has the number 2 written on it.
d) The marble does not have the number 2 written on it.
(e) The marble is blue with the number 2 written on it.
(f) The marble has the number 12 written on it.
(g) The marble does not have the number 18 written on it.
(h) The marble is green.
(i) The marble is not green.
(j) The number on the marble is less than 10.
4. Amy can afford $250 per month as a car payment. If she can get an auto loan at 4% interest for 60 months (5 years), how expensive of a car can she afford (in other words, what amount loan can Amy pay off with $250 per month)?
Use the TVM solver to do this calculation, just like example 10b in your chapter 6 text. Remember, we are looking for PV the starting amount of the loan.
Copy the variables below, fill in these blanks and submit:
N = ______
I% = _____
PV = ________ (This is what you are solving for)
PMT = ________
FV = _______
P/Y = _______
C/Y = ______