A car dealer normally lists new cars at 22% above cost. A demonstrator model was sold for $17,568 after a 10% reduction from the list price. What amount did the dealer pay for this car?

Calculate the periodic payment for the following ordinary annuity.

The one-sample z statistic is used instead of the one-sample t statistic when ______.

A)  is known
B)  is unknown
C)  is known
D)  is unknown

Two $1,000 bonds, with interest at 8% on March 1 and September 1, were purchased on October 8 at 104 plus accrued interest. Compute the entire purchase cost of the bonds. (Assume a 360-day year and a commission of $5 per bond.)

Using the following information, calculate the z-statistic for the z-test for one mean. = 27 μ = 15 = 1.50

A) -8.00
B) 8.00
C) 4.00
D) -.10