The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $8 each and will sell 700 tickets. The raffle has: one $2,000 grand prize, two $500 second prizes, and fourteen $40 third prizes. You just bought one ticket. Find the expected value for your profit. Round to the nearest cent.

Q: 4% of $6.00

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Q: An exercise machine with an original selling price of $1,275 is marked down by 20%. What is the sale…

A: first we compute down price of actual price then we find sale price

Q: Find the simple interest earned. Round percent's to the tenth or hundredth of a percent. Jean…

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Q: Mrs. Shattick is a realtor and earns commission on the price of the houses she sells. This month her…

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Q: Skylar goes to the store to buy a sweatshirt and finds out it is on sale for 58% off. How much was…

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Q: A store manager obtained a loan of $35,000, at  6 3 8%  interest, for 14 months to purchase…

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Q: Adam bought a stock for $ 36.48 on Mar 1st and sold it for $34.20 on Mar 22nd. a. Did he make a…

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Q: a. Round $1.91163 to the nearest cent. $ b. Round $418.53 to the nearest dollar. $

A: a.$1.91163( to the nearest cent) The thousandths’ value is 1, so we round down: $1.91163 → $1.91…

Q: A store pays $24 for an item and has a markup rate of 125%.  What is the retail cost of the item?…

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Q: Christina bought a new car for $29,000. She paid a 10% down payment and financed the remaining…

A: Given thatChristina bought a new car for $29,000. She paid a 10% down payment and financed the…

Q: Suppose you have a carpenter who earns $25.50 per hour. He is given an 8% raise. How much will he…

A: The objective of this question is to calculate the new hourly wage of a carpenter after he receives…

Q: Round your answer to the nearest dollar.Make a 5% offer on a Ford Escort that has a sticker price of…

A: The objective of this question is to calculate a 5% offer on a Ford Escort that has a sticker price…

Q: An exercise machine with an original price of $810 is on sale at 24 % off. What is the exercise…

A:

Q: Jahan works as a welder. His salary is $85,000 per year. How much is Jahan paid each week? Round to…

A: The objective of this question is to calculate Jahan's weekly salary from his annual salary.

Q: A business analyst starts at $45,000. She receives a 5% raise at the end of each year. What is her…

A: P=$45000Rate = R= 5% =0.05Time=t=6 years

Q: Find each commission, given the sale and the commission rate. $1,400, 20%

A: Sales people often receive a commission, or percent of total sales, for their sales. Their income…

Q: Find each commission, given the sale and the commission rate. $475 sale with a 5% commission

A: Commision= 5%  Sale = 475 So commission= 5% of 475

Q: Find the commission, given the sale and the commission rate. $600, 10%

A: Given Data: The selling price is: S=$600 The commission rate is: R=10% The commission given on the…