Mining equipment was purchased at a wholesale price of $1,365 less 35% and 5%. The retail price is based on a 31% mark-up on cost. The retailer's operating expenses is approximately 10% of the selling price. Determine the profit or loss realized if the product is put on sale for $938.56.

Write the standard form of the equation of the circle with the center at (0,0) that passes through the point (6,2) .

A) $x^2+y^2=8$
B) $x^2+y^2=40$
C) $4y^2=36x^2$
D) $36y^2=4x^2$
E) $(x-6{)}^2+(y-2{)}^2=40$

The process of hypothesis testing starts with the assumption that ______.

A) the null hypothesis is yet to be defined
B) the null hypothesis is true
C) the alternative hypothesis is true unless the data proves otherwise
D) the research hypothesis is true

The weights of cans of soup produced by a company are normally distributed with a mean of 15 ounces and a standard deviation of 0.5 ounces.
What is the probability that a can of soup selected randomly from the entire production will weigh at most 14.3 ounces?
______________
Determine the minimum weight of the heaviest 5% of all cans of soup produced.
______________
If 28,390 of the cans of soup of the entire production weigh at least 15.75 ounces, how many cans of soup have been produced?
______________

You are offered a loan at a rate of 9% compounded monthly. What would a semiannually compounded nominal rate would a competing bank need to offer in order to provide an equivalent rate?

Compute (a) the ordinary interest, (b) the exact interest and (c) their difference. Round answers to the nearest cent.​
​