Suppose you have had some financial trouble recently, and your credit score is not so great. You apply for a 30-year mortgage and are told that your monthly payment will be $2200.00. Your friend, with a much better credit score, applies for a 30-year mortgage for the same amount and is told that her monthly payment will be $2050.00. Calculate how much extra you will be paying compared to your friend (over the 30-year term of the mortgage).  Write ONLY your answer in the response box. Show your work which justifies your answer ON YOUR PAPER.

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 20 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.

Explain how you can obtain the Golden Ratio using the Fibonacci Sequence. You do not have to write anything in your “SYW (Show Your Work)” paper. Be sure to answer the question according to what was covered in this course. Use your own words. DO not use any mathematical symbols.   

Suppose that the number of people infected with a disease in a certain county has been doubling every week, and there are 1600 infected people today. When were there only 100 infected people in that state?

If you flip a coin three times, there are altogether 2 + 2 + 2 = 6 outcomes.

You have decided to buy a new car by financing $15,000. Your payment will be $280 every month for five years. Over the next five years, how much interest will you be paying?  Write ONLY your answer in the response box. Show your work which justifies your answer ON YOUR PAPER.

Suppose that scores of a certain standardized test is normally distributed with a mean of 600 and a standard deviation of 40. Find the probability that a random score is less than 640. Use the table below. Use a decimal number (for instance, if the probability is 60%, use 0.6).  Write ONLY your answer in the response box. Show your work which justifies your answer ON YOUR PAPER.

Suppose you invest $800 (a one-time deposit) in a fund earning 6% interest compounded monthly. How much will you have in the account after 11 years?  Write ONLY your answer in the response box. Show your work which justifies your answer ON YOUR PAPER, which you will submit after this online portion is completed.

Which of the following is an example of using impression management to save another person’s face?

Archaeal species that are able to survive in high temperature and low pH conditions are called