Exam 9: Natural Number Functions and Probability

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One lender offers two mortgages, a 15-year mortgage at 16%, and a 19-year mortgage at 6%.For each, find the total of the monthly payments to repay $135,800.Round to the nearest cent.

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The managers of a pension fund invested $5 million in government bonds paying 6.83% annual interest, compounded semiannually.After 3 years, what will the investment be worth? Round your answer to The nearest thousand dollars.

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Select the correct inequality.

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The Jepsens are buying a $22,800 car and financing it over the next 6 years.They secure a 6.5% loan. What will be the total of the monthly payments? Round to the nearest cent.

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Assume that the probability that an airplane engine will fail during a torture test is and that the aircraft in question has 6 engines.Find the probability that no engines will survive.

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Find the amount of each regular payment to provide $21,000 in 10 years, at an annual rate r = 6%, compounded semiannually.

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The first row in a movie theater contains 30 seats.As you move toward the back, each row has 3 additional seats.If there are 22 rows, what is the capacity of the theater?

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The first row in a movie theater contains 22 seats.As you move toward the back, each row has 2 additional seats.If there are 34 rows, what is the capacity of the theater?

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A man estimates that the computer he plans to buy in 15 months will cost $2,400.To meet this goal, how much should he deposit in an account paying 9.6%, compounded monthly?

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Select the right expression for the following sum and prove that your statement is true for all natural numbers nn . Pn:3+6+93nP _ { \mathrm { n } } : 3 + 6 + 9 \ldots 3 n

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What single amount deposited now into an account paying 723%7 \frac { 2 } { 3 } \% annual interest, compounded quarterly, would fund an annuity paying $3,470\$ 3,470 quarterly for the next 18 years?

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Write the first six terms of the sequence defined by the function. f(n)=7n(n1)f ( n ) = 7 n ( n - 1 )

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Use the binomial theorem to expand the binomial. (x+d)3( x + d ) ^ { 3 }

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How many permutations does a combination lock have if each combination has 3 numbers, no two numbers of the combination are the same, and the lock dial has 30 notches?

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Assume that $350 is deposited at the end of each year in an account in which interest is compounded annually at a rate of 7%.Find the accumulated amount after 5 years.Round to the nearest cent.

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Assume that the probability that an airplane engine will fail during a torture test is and that the aircraft in question has 6 engines.Find the probability that no engines will survive.

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When Jim retires in 14 years, he expects to live lavishly on the money in a retirement account that is earning 5% interest, compounded semiannually.If the account now contains $149,500, how much will Be available at retirement?

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Find the (r + 1) th term in the binomial expansion. (x+d)n( x + d ) ^ { n }

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Evaluate the expression. 5!5 !

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When Jim retires in 9 years, he expects to live lavishly on the money in a retirement account that is earning 8% interest, compounded semiannually.If the account now contains $152,500, how much will Be available at retirement?

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