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Before you “Submit Quiz” (click below), be sure you have answered all your questions, including the first (signature and date). Remember, you MUST submit your paper showing your work on some free-response questions. Be sure to clearly write the question number for each of your responses. You can submit it through Canvas under the separate assignment “SYW for T2” within the next 30 minutes.  In the box below, feel free to leave any comments on this exam. I am interested in your feedback (positive or negative), honest comments, suggestions, and ideas for improvement.

The probability of an event that will NEVER occur is -1. 

If the interest is compounded “6% monthly,” it really means that they will calculate and add interest at _________________

Suppose you randomly pick a card from a standard deck of cards. The probability that you pick a Spade is 1/13. 

Draw a typical rectangular box using the principles of perspective. Pick a principal vanishing point and use it correctly.  Imagine the box is located a few feet in front of you, and you are looking down at the box. Draw on your own paper, which you will be submitting at the end of this test.  LEAVE THE ANSWER BOX  (below) BLANK (or enter “Done” to avoid the red flag “UNANSWERED”).       

Suppose you are financing $300,000 to buy a house. The amount of your monthly payment will be more with a 15-year mortgage compared with a 30-year mortgage. 

Find the probability that you will get at least one Tails when you toss 3 coins.

An ice cream shop has 7 flavors to choose from. If you can pick 2 different flavors (assume the order is not important), in how many ways can you choose your 2 flavors?

In simple interest, the dollar amount of interest grows year after year. 

Yet another college is also facing the same options, and their preference schedule is below. This time, use the Condorcet Method to determine the winner if there is one. If there is no Condorcet winner, explain why. # of votes 15 13 19 3 1st choice R H F H 2nd choice H R H F 3rd choice F F R R Write ONLY your answer in the response box. Show your work which justifies your answer ON YOUR PAPER. No credit is given unless you justify your answer.