Al needs to borrow $15,000 to buy a car. He can borrow the money at 6.7% simple interest for 5 yr or he can borrow at 6.4% interest compounded continuously for 5 yr.
a. How much total interest would Al pay at 6.7% simple
interest?
b. How much total interest would Al pay at 6.4% interest compounded continuously?
c. Which option results in less total interest?

Acharity is conducting a raffle, and it sells one ticket each to 35 women and 21 men. if 5 winners are randomly selected, what is the probability that they are all men? round to five decimal places. 0.00533 0.06268 0.09537 0.07776

Four individuals pool money together to start a new business and agree to split the profits equally. n invests $6,000, x invests $2,000, y invests $8,000 and z invests $4,000. if the profits for the first month were $100,000, y receives than if the profits were divided in proportion to how much they invested.

Martha has a deck of cards. she has lost some of the cards, and now the deck only contains nine spades, eleven diamonds, eight clubs, and twelve hearts. martha predicts that whenever she draws a card from the deck without looking, she will draw a club one-fifth of the time. which activity would best allow martha to test her prediction? a. randomly draw a card from the box and see if it is a club. b. randomly draw a card. then, continue to draw another card until all eight clubs are drawn. c. randomly draw and replace a card 120 times. then, observe how close to 30 times a club is drawn. d. randomly draw and replace a card 100 times. then, observe how close to 20 times a club is drawn.