Contemporary Mathematics For Business & Consumers, Brief Edition, Loose-leaf Version
8th Edition
ISBN: 9781305867192
Author: Robert Brechner, Geroge Bergeman
Publisher: South-Western College Pub
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Chapter 13.II, Problem 35RE
To determine
To calculate: The payments remaining, sum-of-the-digits of the number of remaining payments, sum-of-the-digits of total number of payments and rebate fraction if number of payments are
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Please solve the following Probability Problem, please show all work and solve what is asked:
HW 1.w. (Special game)The atmosphere has heated up and a fight erupted! There are n + 1players and somebody threw the first punch. Once a person is punched,they punch another person in the group at random. What are the oddsthat after m iterations:a) Nobody punches the person who started it?b) Nobody gets punched twice?Now take it up a notch: imagine the first person punched N other peopleat random, and once someone gets punched, they punch another N peoplein the group at random, and so on. Again, what are the odds that afterm iterations:a) Nobody punches the person who started it?b) Nobody gets punched twice?
Q1. A chest of drawers has 3 drawers. Each drawer has 2 boxes. The boxes of one
drawer contain a silver coin in each respectively, the boxes of another a gold coin in
each box, and the boxes of the third drawer a gold and a silver coin, respectively. A
drawer is selected at random and a box from the drawer is selected at random and
opened. The coin is found to be silver. What is the probability that the coin in the
other box is gold? (Harder Problem)
Write codes to perform the functions in each of these cases
i.
ii.
Apply cd command to tell STATA the filepath associated with
your "favorite folder" (use the same name for the favorite folder
that we have been using in class)
Apply log using command to tell stata that you are creating a log
file to record the codes and the outcomes of these codes. Make
sure your log file is called loghwa1_W25.smcl. Do not forget to
include the replace option.
iii. Get help for the "regress" command & include a screenshot of
the outcome of this code
iv.
V.
Open a stata file stored in STATA memory called pop2000.dta
Continue from question iv. Save this file in your favorite folder
(current working directory) using a different name & a replace
option
Chapter 13 Solutions
Contemporary Mathematics For Business & Consumers, Brief Edition, Loose-leaf Version
Ch. 13.I - Mike Dennis has a Bank of America account with an...Ch. 13.I - Kendra Wolf has a Bank of America revolving credit...Ch. 13.I - Angler Marine has a $75,000 line of credit with...Ch. 13.I - Calculate the missing information on the following...Ch. 13.I - Calculate the missing information on the following...Ch. 13.I - Calculate the missing information on the following...Ch. 13.I - Calculate the missing information on the following...Ch. 13.I - Prob. 5RECh. 13.I - Calculate the missing information on the following...Ch. 13.I - Anny Winslow has a Bank of America revolving...
Ch. 13.I - Kathy Hansen has a revolving credit account. The...Ch. 13.I - Kathy Hansen has a revolving credit account. The...Ch. 13.I - Kathy Hansen has a revolving credit account. The...Ch. 13.I - Prob. 11RECh. 13.I - Kathy Hansen has a revolving credit account. The...Ch. 13.I - Prob. 13RECh. 13.I - 14. Calculate the average daily balance for...Ch. 13.I - 15. Calculate the average daily balance for...Ch. 13.I - Carolyn Salkind has a Bank of America revolving...Ch. 13.I - Prob. 17RECh. 13.I - The Jewelry Exchange has a $30,000 line of credit...Ch. 13.II - Bob Johnson found a car he wanted to buy at...Ch. 13.II - Prob. 5TIECh. 13.II - Prob. 6TIECh. 13.II - Prob. 7TIECh. 13.II - Prob. 8TIECh. 13.II - Prob. 9TIECh. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Prob. 3RECh. 13.II - Prob. 4RECh. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Prob. 6RECh. 13.II - Prob. 7RECh. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Prob. 9RECh. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the finance charge, the finance charge...Ch. 13.II - Prob. 16RECh. 13.II - Prob. 17RECh. 13.II - Calculate the finance charge, the finance charge...Ch. 13.II - Calculate the finance charge, the finance charge...Ch. 13.II - Calculate the finance charge, the finance charge...Ch. 13.II - Prob. 21RECh. 13.II - Prob. 22RECh. 13.II - Prob. 23RECh. 13.II - Calculate the finance charge and the annual...Ch. 13.II - Prob. 25RECh. 13.II - Prob. 26RECh. 13.II - Prob. 27RECh. 13.II - Calculate the finance charge and the monthly...Ch. 13.II - Calculate the finance charge and the monthly...Ch. 13.II - Calculate the finance charge and the monthly...Ch. 13.II - Prob. 31RECh. 13.II - Prob. 32RECh. 13.II - Calculate the missing information for the...Ch. 13.II - Calculate the missing information for the...Ch. 13.II - Prob. 35RECh. 13.II - Calculate the missing information for the...Ch. 13.II - Calculate the missing information for the...Ch. 13.II - Prob. 38RECh. 13.II - You are the loan department supervisor for the...Ch. 13.II - Prob. 40RECh. 13.II - You are the loan department supervisor for the...Ch. 13.II - You are the loan department supervisor for the...Ch. 13.II - You are the loan department supervisor for the...Ch. 13.II - Prob. 44RECh. 13.II - Prob. 45RECh. 13.II - 46. Meghan Pease purchased a small sailboat for...Ch. 13.II - Prob. 47RECh. 13.II - 48. Doug Black bought a jet ski with a 9% add-on...Ch. 13.II - Olivia Fast found a timeshare offer entitling her...Ch. 13.II - Tim Houston purchased a wall unit for $2,400. He...Ch. 13.II - First National Bank offers a 36-month installment...Ch. 13.II - At a recent boat show, Nautica Bank was offering...Ch. 13.II - Prob. 53RECh. 13.II - 54. a. What is the rebate fraction of a 36-month...Ch. 13.II - Charlie Allen financed a $3,500 Nautilus home gym...Ch. 13 - ____ credit is a loan arrangement in which there...Ch. 13 - The effective or true annual interest rate being...Ch. 13 - Loans that are backed by the borrowers promise to...Ch. 13 - 4. Loans made on a continuous basis and billed...Ch. 13 - 5. Name the two most common methods used to...Ch. 13 - Prob. 6CRCh. 13 - Prob. 7CRCh. 13 - Prob. 8CRCh. 13 - Prob. 9CRCh. 13 - Prob. 10CRCh. 13 - Prob. 11CRCh. 13 - Prob. 12CRCh. 13 - 13. The finance charge ________ is the unearned...Ch. 13 - Prob. 14CRCh. 13 - Prob. 1ATCh. 13 - Prob. 2ATCh. 13 - Prob. 3ATCh. 13 - 4. Calculate the average daily balance for January...Ch. 13 - Mel Arrandt has a Bank of America account with a...Ch. 13 - Alpine Construction, Inc. has a $100,000 line of...Ch. 13 - George Bell bought an ultralight airplane for...Ch. 13 - 8. David Sporn bought a saddle from Linville...Ch. 13 - 9. Buster Blaster Recording Studio purchased a new...Ch. 13 - Chris Manning purchased a $7,590 motorcycle with a...Ch. 13 - 11. SkyHigh Aircraft Sales uses the Executive...Ch. 13 - 12. After making 11 payments on a 36-month loan,...Ch. 13 - An Auntie Annes franchise financed a $68,000...Ch. 13 - 14. You are a salesperson for Mega Marine Boat...Ch. 13 - 15. Joe Keener found the accompanying ad for a...
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