Exam 9: Natural Number Functions and Probability
Exam 1: A Review of Basic Algebra149 Questions
Exam 2: Equations and Inequalities100 Questions
Exam 3: The Rectangular Coordinate System and Graphs of Equations75 Questions
Exam 4: Functions Functions and Function Notation75 Questions
Exam 5: Exponential and Logarithmic Functions75 Questions
Exam 6: Solving Polynomial Equations50 Questions
Exam 7: Linear Systems50 Questions
Exam 8: Conic Sections and Quadratic Systems75 Questions
Exam 9: Natural Number Functions and Probability297 Questions
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A woman contributed per quarter for the first 12 years of an annuity, but changed to quarterly payments of for the last 12 years. Assuming annual interest compounded quarterly, what is her accumulated value?
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Select the right expression for the following sum and prove your statement is true for all natural numbers , where is a real number, .
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Assume that $1,200 is deposited in an account in which interest is compounded 8 times a year, at an annual rate of 7%.Find the accumulated amount after 3 years.Round your answer to the nearest cent.
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If there are 5 class periods in a school day, and a typical student takes 3 classes, how many different time patterns are possible for the student?
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Bank One offers a passbook account with a 4.35% annual rate, compounded quarterly.Bank Two offers a money market account at 4%, compounded monthly.Find the better growth by calculating the
Effective rates.What is the greater effective rate?
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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 5 engines. Find the probability that no engines will survive.
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Assume that $500 is deposited at the end of each year into an account in which interest is compounded annually at a rate of 4.5%.Find the accumulated amount after 11 years.Round to the nearest cent.
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Assume that a survey of 258 people is taken to determine the opinions of doctors, teachers, and lawyers on a proposed piece of legislation, with the results as shown below.A person is chosen at random from
Those surveyed.Refer to the table to find the probability the person favors the legislation.

(Multiple Choice)
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Select the right expression for the following sum and prove that your statement is true for all natural numbers n.
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Find the amount of each regular payment to provide $7,000 in 3 years, at an annual rate r = 9%, compounded monthly.
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Assume that $1,100 is deposited in an account in which interest is compounded annually at a rate of 5%.Find the accumulated amount after 2 years rounded to the nearest cent.
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Property values in the suburbs have been appreciating about 10% annually.If this trend continues, what will a $102,000 home be worth in four years? Give the result to the nearest dollar.
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The managers of a pension fund invested $2 million in government bonds paying 7.72% annual interest, compounded semiannually.After 3 years, what will the investment be worth? Round your answer to
The nearest thousand dollars.
(Multiple Choice)
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Assume that $400 is deposited at the end of each year in an account in which interest is compounded annually at a rate of 6%.Find the accumulated amount after 8 years.Round to the nearest cent.
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If a married couple invests $900 in a 1-year certificate of deposit at 6% annual interest, compounded daily, how much interest will be earned during the year?
(Multiple Choice)
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Find the present value of an annuity with semiannual payments of $330 at 4.91%, compounded semiannually for 12 years.Round to the nearest cent.
(Multiple Choice)
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Which of these 20-year plans is best? All are at 8% annually. Plan A: each year for 10 years, and then let the accumulated amount grow for 10 years.
Plan B: One payment of now, and let it grow.
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Find the present value of an annuity with annual payments of $3,250 at 5.45%, compounded annually for 24 years.Round to the nearest cent.
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