Using Graphs to Advertise — Cumulative exam Answers

A password is 4 characters long and must consist of 3 letters and one number. If letters cannot be repeated and the password must end with a number, how many possibilities are there?

Kay has decided to take out a $23,100 loan, and she wants to pay it back in quarterly installments. She has narrowed her options down to two banks. Bank V offers a six-year loan with an interest rate of 4.6%, compounded quarterly, and has a service charge of $822.45. Bank W offers an eight-year loan with an interest rate of 3.9%, compounded quarterly, and a service charge of $722.25. Which loan will have the greater total finance charge, and how much greater will it be? Round all dollar values t

A lender estimates the closing costs on a home loan will be 3.75% of the loan amount of $120,000. The actual closing costs are listed below. Closing Cost Charge Loan origination $300 Title insurance $600 Attorney’s fees $1,250 Appraisal $550 Inspection $525 Recording fees $125 Escrow $2,000 Evaluate the lender’s good faith estimate.

Eli is a loan officer. He determines his clients’ eligibility for loans and for good interest rates by using their credit scores. The scores of several clients are shown in the following table.NameExperianEquifaxTransUnionRoy750792661Dirk771707755Haley643642770Valerie646773762Help Eli evaluate his applicants based on their mean and median credit scores.

Country of Origin

Jim has an annual salary of $96,000. His monthly expenses include a $2,500 mortgage payment, a $250 lease payment, $500 in minimum credit card payments, and a $425 payment on his speed boat. He also receives $1,200 in interest from his savings and other accounts each month. Calculate Jim’s DTI (debt-to-income) ratio.

Dernea Gardening sells wheelbarrows. A wheelbarrow costs $6.94 to produce and it sells for $42.50. The company employs two salespeople, each of whom earns a different commission per wheelbarrow sold, as shown in the table below. The company's expenses last month, not counting production costs or commissions, totaled $524.24. How much profit did Dernea Gardening make from the sales of wheelbarrows last month?

When it is 1:00 a.m. in Toronto, it is 3:00 a.m. in Rio de Janiero, and when it is 10:00 a.m. in Rio de Janiero, it is 11:00 p.m. in Melbourne. You leave Toronto to fly to Rio de Janiero, but you accidentally left your watch on Melbourne time. Your watch says that you leave Toronto at 9:30 a.m. on Saturday. When you arrive in Rio de Janiero, the local time is 3:15 a.m. on Saturday. How long was your flight?a.8 hours, 45 minutesb.6 hours, 45 minutesc.4 hours, 45 minutesd.2 hours, 45 minutes

Marcia has two credit cards and would like to consolidate the two balances into one balance on the card with the lower interest rate. The table below shows the information about the two credit cards Marcia currently uses. Card ACard BAmount$1,389.47$1,065.32APR16%12%Monthly Payment$39.38$28.05After 4 years, approximately how much will Marcia have saved in interest by consolidating the two balances?

Verona goes to a business that offers tax refund anticipation loans because she really wants to get her money right now and not wait. They calculate her refund to be $985 and charge her $130 in fees for the loan. If the term on her loan is 15 days, what is the annual percentage rate on her loan?

A rope has a density and thickness such that a 3.25-centimeter-long segment of it weighs 61.40 grams. There are 28.3495 grams in an ounce and 2.54 centimeters in an inch. How many ounces would a 19.45 inch length of the same rope weigh?

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Walter is planning a trip to Morocco. He is trying to decide which cities he would like to visit while he is there. The table below shows some possible cities Walter could visit, along with the amount of money he expects to spend on food, lodging, travel, and similar expenses for each city. All prices are given in Moroccan dirham (MAD). CityCost (MAD)Tangier610Casablanca466Agadir950Rabat927Oujda683Fes478Marrakech965Kenitra778Walter’s original itinerary included trips to Marrakech, Fes, Kenitra, and Oujda, but because he only has a budget of MAD 2,500, he must alter his plans to be more affordable. Which of the following itinerary changes will allow Walter to stay within his budget? (Consider each option individually, rather than as a group.)I. Replace Kenitra with Tangier and Oujda with Casablanca.II. Drop Fes.III. Replace Marrakech with Casablanca.

A plant nursery is having a sale. Potted begonias are marked down 27%, and tomato seedlings are marked down 35%. If you pay $6.57 each for two potted begonias and $2.60 each for three tomato seedlings, how much did you save?

The figure above shows a store’s supply-demand graph for lawn chairs. If the store makes $800 by selling lawn chairs, which of the following is a possible valid price for them?

Shanika and Vanesa are comparing their electric bills for the past month. Shanika is on a standard use plan and Vanesa is on an interval use plan. Each person’s usage is listed on the chart below:Standard Use PlanInterval Use Plan7.5 cents/kWh for the first 400 kWh10 cents/kWh for the next 400 kWh12.5 cents/kWh for anything over 800 kWhOn-peak hours - 15 cents/kWhOff-peak hours - 3 cents/kWhBoth women use 1,325 kWh for the given 30 day period. Vanesa uses 500 kWh during on-peak hours and 825 during off-peak hours. Which person ends up paying more for their utilities? How much more?

Orlon Jewelry, a retail store, restructures its employees’ schedules every six months. The employees are asked for their shift preferences, and the schedules are rearranged according to these preferences. When there is a conflict, those with the best total sales over the past six months are given priority. The following graph and table show the most recent sales records and employee preferences, respectively. Employee 1st Pick 2nd Pick 3rd Pick 4th Pick Brian 2 p.m. 8 a.m. 11 a.m. 5 p.m. Laura 5 p.m. 8 a.m. 2 p.m. 11 a.m. Miguel 5 p.m. 11 a.m. 8 a.m. 2 p.m. Wanda 2 p.m. 5 p.m. 11 a.m. 8 a.m. Based on this information, when will each employee’s shift begin? a. 8 a.m. - Laura; 11 a.m. - Miguel; 2 p.m. - Wanda; 5 p.m. - Brian b. 8 a.m. - Miguel; 11 a.m. - Wanda; 2 p.m. - Brian; 5 p.m. - Laura c. 8 a.m. - Laura; 11 a.m. - Brian; 2 p.m. - Wanda; 5 p.m. - Miguel d. 8 a.m. - Brian; 11 a.m. - Miguel; 2 p.m. - Laura; 5 p.m. - Wanda Please select the best answer from the choices provided

The following section is a statement from the rental agreement Tim signed when he rented his car this past weekend."Upon checkout, the fuel level of the vehicle will be determined by turning the vehicle on and visually inspecting the fuel gauge. The approximate fuel level will be recorded on the Check-Out sheet and verified with initials by the vehicle Renter. One copy of the Check-Out sheet will be given to the customer. Another copy will be kept with the on-site records of the vehicle. "The

Tyrell has a bankruptcy on his credit report and therefore pays higher interest rates on his current loans. He calculates that the extra money he pays in additional interest each year, if invested at the rate of 2.5% for one year, could earn him simple interest totaling $300. How much does Tyrell pay in additional interest each month?