You spend too much on your credit card and max it out. You have a credit limit of $5,000. The credit card has an annual APR of 12.5% compounded monthly. You don't want to be accruing interest for too long, so you plan on paying off your credit card in 5 years. What kind of interest is this?

You are in a room of 22 people (including yourself). each of you has their own deck of 52 cards — assume each deck is well-shuffled, and can be assumed to be fair and independent of each other.1. each you draws the top card of your deck. what is the probability that at least one other person has drawn the same card as you? 2. let x be the number of people who drew a card that was also drawn by at least one other person. for example, if you all drew the same card, x=22, but if you all drew different cards, x=0. what is the expected value of x? 3. consider the same situation as the last question, but this time with 29 people: all 29 of you are in a room with your own decks of cards, and you draw one of them. what is the probability that at least one person draws the ace of spades? 4. let x be the number of the types of card drawn. for example, if everyone draws the same card, x=1, but if everyone draws a different card, x=29. what is the expected value of x?