Mathematics For Practical Applications Worksheet - 2011 Page 8

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9.)
The following chart gives some of Babe Ruth's career statistics.
Team
AB
H
2B
3B
HR
1914 Red Sox
10
2
1
0
0
1915 Red Sox
92
29
10
1
4
1916 Red Sox
136
37
5
3
3
1917 Red Sox
123
40
6
3
2
1918 Red Sox
317
95
26
11
11
1919 Red Sox
432
139
34
12
29
1920 Yankees
458
172
36
9
54
1921 Yankees
540
204
44
16
59
1922 Yankees
406
128
24
8
35
1923 Yankees
522
205
45
13
41
1924 Yankees
529
200
39
7
46
1925 Yankees
359
104
12
2
25
1926 Yankees
495
184
30
5
47
1927 Yankees
540
192
29
8
60
1928 Yankees
536
173
29
8
54
1929 Yankees
499
172
26
6
46
1930 Yankees
518
186
28
9
49
1931 Yankees
534
199
31
3
46
1932 Yankees
457
156
13
5
41
1933 Yankees
459
138
21
3
34
1934 Yankees
365
105
17
4
22
1935 Braves
72
13
0
0
6
TOTAL
8,399
2,873
506
136
714
a.)
If he had an at bat (AB), what was his career probability of hitting a home
run (HR)?
b.)
In 1931, if he had a hit (H), what was the probability it was a double (2B)?
10.)
You start putting money in your retirement fund at age 23. You put in $500 each
month. The interest of 10.25% is compounded quarterly. You retire at age 65.
a.)
Without inserting any numbers, write the formula you will need for this
problem.
b.)
Without doing any simplification, insert the right numbers in the right
places in the formula.
c.)
How much money will you have at age 65?
d.)
What is the total of all of your payments?
e.)
How much interest did your money earn?
11.)
Maher-Shalal-Hash-Baz started putting money in a college savings account. He
wants to have $120,000 in 18 years when his son will be ready for college. The
interest rate of 9.5% is compounded quarterly. He'll make quarterly payments.
a.)
Without inserting any numbers, write the formula you will need for this
problem.
b.)
Without doing any simplification, insert the right numbers in the right
places in the formula.
c.)
How much money will he have to pay each quarter?
d.)
What is the total of all of his payments?
e.)
How much interest did his money earn?

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