A boy has his weekly allowance determined every Sunday by drawing one paper bill randomly from an urn containing 5 bills in total: four $1 bills, and one $10 bill. $1 $1 $1 $1 $10 His parents refill the urn every week, so the content of the urn stays the same every week.

Suppose that your gross monthly income is 2000, what is the maximum amount you should spend each month on a mortgage payment? Spend no more than 28% of your gross monthly income for your mortgage payment. 280 720 560 500

If you earn $9.10 per hour and you work a 37-hour week, what are your gross (before tax) earnings?

Imagine that you are helping out a friend by taking care of their dog for the month of December while they are away taking care of family members.  Your friend offers to compensate you by giving you a penny on Dec. 1, 2¢ on Dec. 2, 4¢ on Dec. 3, etc.  Does this seem like a good deal? Before you answer, complete the chart below that would give your compensation through Dec. 14. Use dollars for the units.   Date Compensation 1-Dec 0.01 2-Dec 0.02 3-Dec   4-Dec   5-Dec   6-Dec   7-Dec   8-Dec   9-Dec   10-Dec   11-Dec   12-Dec   13-Dec   14-Dec