INTERESTing...
Bills, Bills, Bills!
Will this PROBABLY be on the test?
This is just... AVERAGE.
100
You deposit $2,000 into an account that gains 4% simple interest over 5 years. How much money is in your account at the end of 5 years?
$2,400
100
What is your monthly take-home pay if you get a paycheck for $1,274.89 every two weeks?
$2,769.85 a month
100
The Scrabble bag contains the letter tiles F, I, J, L, M, O, P, T, and U. What's the probability of picking a consonant?
*answer as a simplified fraction*
2/3
100
A pet store has five cats, and their weights are
10, 12, 7, 6, and 12 pounds.
What's the median weight of the cats?
10 pounds
200
Gina opened a savings account with $400 and paid simple interest at a rate of 6%. When she closed the account, she paid $100 in interest. How long was the account open for in years? (Round to 1 decimal place)
4.2 years
200
You need to put a 15% down payment on a house worth $672,800. How much was the down payment?
$100,920
200
You're going to watch a movie from your collection at random. You own 6 action movies, 5 comedies, and 4 dramas. What's the probability that you don't pick a drama?
*answer as a simplified fraction*
11/15
200
A pet store has five cats, and their weights are
10, 12, 7, 6, and 12 pounds.
Is there a mode? If so, what is it?
Yes, 12 pounds
300
Zach took out a loan for $5,800 and paid simple interest for 4.5 years. The total interest he paid on the loan was $2,949.30. What was his annual interest rate? (Round to 1 decimal place)
11.3%
300
You put a 15% down payment on a house worth $672,800. What will be the amount of the resulting loan?
$571,880
300
In a standard 52-card deck of playing cards, what's the probability of pulling a king?
*answer as a simplified fraction*
1/13
(simplify 4/52 !)
300
A pet store has five cats, and their weights are
10, 12, 7, 6, and 12 pounds.
What's the midrange weight of the cats?
9 pounds
400
Dave invests $5,000 at an interest rate of 2.16% compounded monthly. How much is in the account after 3 years? How much does he earn in interest after 3 years?
There's $5,334.42 in the account after 3 years.
He earned $334.42 in interest.
400
You're taking out a $571,880 loan on a new house at an interest rate of 2.9% for 30 years. What will your monthly payment be?
$2,380.34
400
In a standard 52-card deck of playing cards, what's the probability of pulling a heart card?
*answer as a simplified fraction*
1/4
(simplify 13/52 !)
400
A pet store has five cats, and their weights are
10, 12, 7, 6, and 12 pounds.
What's the mean weight of the cats?
9.4 pounds
500
How much would Joan have to invest to have $67,200 after 13 years at an interest rate of 3.74% compounded daily?
$41,326.26
500
To plan for retirement, Amy deposits $1,603 quarterly in an annuity that pays 6% interest, compounded quarterly. What's the total value of the annuity in 25 years?
$366,771.28
500
In a standard 52-card deck of playing cards, what's the probability of pulling a king or a heart card?
*HINT* the King of Hearts can only count once!
*answer as a simplified fraction*
4/13
(simplify 16/52 !)
500
The following values are the gallons of milk drank by 26 families last month:
What's the mean number of gallons of milk consumed last month (round to one decimal place)?
3.7 gallons