Solve the problem.Suppose that the odds of winning the grand prize in a raffle are 1 to 7. What is the probability of winning the grand prize?
A. 
B. 
C. 
D. 
E. none of these
Answer: C
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The following problem involves adjustable-rate mortgage. You the given table if necessary.
Harry has a 1-year ARM for $75,000 over a 25-year term. The margin is 2%, and the index rate starts out at 2.5% and increases to 3.5% at the first adjustment. The balance of principal at the end of the first year is $73,338.52. Find the amount of interest owed for the first month of the second year.
A. $431.25 B. $314.79 C. $336.13 D. None of the above is correct.
Solve the system of equations using the addition method.
A. (2, 5) B. (-2, 4) C. All ordered pairs along x + 9y = 47 D. No solution
Determine whether or not the function is one-to-one.{(6, -5), (8, -15), (11, -10), (19, -19), (22, -23)}
A. Yes B. No
Solve the equation.
k = - 
A. 16 B. 17 C. -2 D. 3