Contemporary Mathematics for Business & Consumers
8th Edition
ISBN: 9781305886803
Author: Brechner
Publisher: Cengage
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 10, Problem 11AT
To determine
To calculate: The amount of principal invested where rate of interest is
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
1. Iodine-131 is tone of the most commonly used radioactive isotopes of iodine. It is used to treat hyper-
thyroidism and some kinds of thyroid cancer.
(a) Iodine-131 has a half-life of about 8 days. Find an expression for I(t), the mass of Iodine-131
remaining after t days, in terms of t and Io, the initial mass of Iodine-131 present at time t = 0.
(b) If a dose of 0.9 mg of Iodine-131 is administered, how much is still present after 24 hours?
(c) How much Iodine-131 is present after one week? Does your answer make sense?
Question 2: When John started his first job, his first end-of-year salary was $82,500. In the following years, he received salary raises as shown in the following table.
Fill the Table: Fill the following table showing his end-of-year salary for each year. I have already provided the end-of-year salaries for the first three years. Calculate the end-of-year salaries for the remaining years using Excel. (If you Excel answer for the top 3 cells is not the same as the one in the following table, your formula / approach is incorrect) (2 points)
Geometric Mean of Salary Raises: Calculate the geometric mean of the salary raises using the percentage figures provided in the second column named “% Raise”. (The geometric mean for this calculation should be nearly identical to the arithmetic mean. If your answer deviates significantly from the mean, it's likely incorrect. 2 points)
Starting salary
% Raise
Raise
Salary after raise
75000
10%
7500
82500
82500
4%
3300…
d₁ ≥ ≥ dn ≥ 0 with di even.
di≤k(k − 1) + + min{k, di}
vi=k+1
T2.5: Let d1, d2,...,d be integers such that n - 1
Prove the equivalence of the Erdos-Gallai conditions:
for each k = 1, 2, ………, n and the Edge-Count Criterion: Σier di + Σjeл(n − 1 − d;) ≥ |I||J| for
all I, JC [n] with In J = 0.
Chapter 10 Solutions
Contemporary Mathematics for Business & Consumers
Ch. 10.I - Find the amount of interest on each of the...Ch. 10.I - Joe Hale goes to a credit union and borrows...Ch. 10.I - Prob. 3TIECh. 10.I - Prob. 4TIECh. 10.I - a. A loan was made on April 4 and had a due date...Ch. 10.I - a. What is the maturity date of a loan taken out...Ch. 10.I - Prob. 1RECh. 10.I - Prob. 2RECh. 10.I - Prob. 3RECh. 10.I - Prob. 4RE
Ch. 10.I - Principal Rate (%) Time Interest...Ch. 10.I - Prob. 6RECh. 10.I - Prob. 7RECh. 10.I - Use the exact interest method (365 days) and the...Ch. 10.I - Prob. 9RECh. 10.I - Prob. 10RECh. 10.I - Prob. 11RECh. 10.I - Prob. 12RECh. 10.I - Prob. 13RECh. 10.I - Use the exact interest method (365 days) and the...Ch. 10.I - Prob. 15RECh. 10.I - Prob. 16RECh. 10.I - Find the amount of interest and the maturity value...Ch. 10.I - Find the amount of interest and the maturity value...Ch. 10.I - Prob. 19RECh. 10.I - Prob. 20RECh. 10.I - Find the amount of interest and the maturity value...Ch. 10.I - Prob. 22RECh. 10.I - Prob. 23RECh. 10.I - Prob. 24RECh. 10.I - Prob. 25RECh. 10.I - Find the maturity value of the following loans....Ch. 10.I - Prob. 27RECh. 10.I - Find the maturity value of the following loans....Ch. 10.I - Prob. 29RECh. 10.I - Prob. 30RECh. 10.I - Prob. 31RECh. 10.I - Prob. 32RECh. 10.I - Prob. 33RECh. 10.I - Prob. 34RECh. 10.I - From the following information, determine the...Ch. 10.I - Prob. 36RECh. 10.I - Prob. 37RECh. 10.I - From the following information, determine the...Ch. 10.I - Prob. 39RECh. 10.I - Prob. 40RECh. 10.I - Prob. 41RECh. 10.I - Solve the following word problems. Round to the...Ch. 10.I - 43. What is the maturity value of a $60,000 loan...Ch. 10.I - 44. Central Auto Parts borrowed $350,000 at ...Ch. 10.I - 45. Emil Benson missed an income tax payment of...Ch. 10.I - 46. At the City National Credit Union, a , $8,000...Ch. 10.I - 47. Kyle Rohrs borrowed $1,080 on June 16 at ...Ch. 10.II - Telex Electronics borrowed money at 9% interest...Ch. 10.II - Prob. 8TIECh. 10.II - Prob. 9TIECh. 10.II - Rita Peterson borrowed $15,000 at 12% ordinary...Ch. 10.II - Prob. 1RECh. 10.II - Compute the principal for the following loans. Use...Ch. 10.II - Prob. 3RECh. 10.II - Prob. 4RECh. 10.II - Prob. 5RECh. 10.II - Prob. 6RECh. 10.II - Prob. 7RECh. 10.II - Prob. 8RECh. 10.II - Prob. 9RECh. 10.II - Prob. 10RECh. 10.II - Prob. 11RECh. 10.II - Prob. 12RECh. 10.II - Prob. 13RECh. 10.II - Prob. 14RECh. 10.II - Prob. 15RECh. 10.II - Prob. 16RECh. 10.II - Prob. 17RECh. 10.II - Prob. 18RECh. 10.II - Use the ordinary interest method to compute the...Ch. 10.II - Use the ordinary interest method to compute the...Ch. 10.II - Prob. 21RECh. 10.II - Prob. 22RECh. 10.II - Calculate the missing information for the...Ch. 10.II - Prob. 24RECh. 10.II - Prob. 25RECh. 10.II - Calculate the missing information for the...Ch. 10.II - Solve the following word problems. Round answers...Ch. 10.II - Solve the following word problems. Round answers...Ch. 10.II - Solve the following word problems. Round answers...Ch. 10.II - Solve the following word problems. Round answers...Ch. 10.II - Prob. 31RECh. 10.II - Solve the following word problems. Round answers...Ch. 10.II - Prob. 33RECh. 10.II - 34. Steve Perry borrowed $10,000 at ordinary...Ch. 10.II - Prob. 35RECh. 10.II - 36. The Mutt Hut Pet Shop borrowed $60,000 on...Ch. 10.II - Prob. 37RECh. 10.III - Erin Lang signed a $20,000 simple discount...Ch. 10.III - What is the effective interest rate of a simple...Ch. 10.III - Legacy Lumber received a $35,000 promissory note...Ch. 10.III - Bob Schuller purchased $10,000 in U.S. Treasury...Ch. 10.III - Calculate the bank discount and proceeds for the...Ch. 10.III - Calculate the bank discount and proceeds for the...Ch. 10.III - Prob. 3RECh. 10.III - Calculate the bank discount and proceeds for the...Ch. 10.III - Prob. 5RECh. 10.III - Prob. 6RECh. 10.III - Prob. 7RECh. 10.III - Prob. 8RECh. 10.III - Using ordinary interest, 360 days, calculate the...Ch. 10.III - Prob. 10RECh. 10.III - Using ordinary interest, 360 days, calculate the...Ch. 10.III - Prob. 12RECh. 10.III - Using ordinary interest, 360 days, calculate the...Ch. 10.III - Prob. 14RECh. 10.III - Prob. 15RECh. 10.III - The following interest-bearing promissory notes...Ch. 10.III - The following interest-bearing promissory notes...Ch. 10.III - Prob. 18RECh. 10.III - The following interest-bearing promissory notes...Ch. 10.III - Prob. 20RECh. 10.III - Prob. 21RECh. 10.III - Calculate the interest, purchase price, and...Ch. 10.III - Calculate the interest, purchase price, and...Ch. 10.III - Prob. 24RECh. 10.III - Prob. 25RECh. 10.III - Use the ordinary interest method, 360 days, to...Ch. 10.III - Boz Foster signed a $10.000 simple discount...Ch. 10.III - Prob. 28RECh. 10.III - Prob. 29RECh. 10 - 1. The price or rental fee charged by a lender to...Ch. 10 - List the three factors that determine the amount...Ch. 10 - Prob. 3CRCh. 10 - The interest calculation method that uses 365 days...Ch. 10 - 5. The interest calculation method that uses 360...Ch. 10 - Prob. 6CRCh. 10 - Prob. 7CRCh. 10 - Prob. 8CRCh. 10 - Prob. 9CRCh. 10 - Prob. 10CRCh. 10 - The amount of money that the borrower receives at...Ch. 10 - 12. The actual interest rate charged on a...Ch. 10 - Prob. 13CRCh. 10 - Prob. 14CRCh. 10 - Prob. 1ATCh. 10 - Prob. 2ATCh. 10 - Prob. 3ATCh. 10 - Prob. 4ATCh. 10 - Prob. 5ATCh. 10 - What is the maturity value of the following loans?...Ch. 10 - Prob. 7ATCh. 10 - Prob. 8ATCh. 10 - Prob. 9ATCh. 10 - Prob. 10ATCh. 10 - Prob. 11ATCh. 10 - Prob. 12ATCh. 10 - Prob. 13ATCh. 10 - Prob. 14ATCh. 10 - Prob. 15ATCh. 10 - Prob. 16ATCh. 10 - Prob. 17ATCh. 10 - Prob. 18ATCh. 10 - Calculate the missing information for the...Ch. 10 - Prob. 20ATCh. 10 - Prob. 21ATCh. 10 - Prob. 22ATCh. 10 - Prob. 23ATCh. 10 - Prob. 24ATCh. 10 - Prob. 25ATCh. 10 - Prob. 26ATCh. 10 - Calculate the interest, purchase price, and...Ch. 10 - Solve the following word problems. Round to the...Ch. 10 - 29. Ronald Brown missed an income tax payment of...Ch. 10 - 30. Katie Chalmers borrowed money from her credit...Ch. 10 - 31. Ryan Roberts took out a loan for $5.880 at the...Ch. 10 - 32. Alicia Eastman deposited $2,000 in a savings...Ch. 10 - 33. Laurie Carron borrowed $16,000 at 14% ordinary...Ch. 10 - 34. Euromart Tile Company borrowed $40,000 on...Ch. 10 - Brandi Lee signed a $30,000 simple discount...Ch. 10 - Varsity Press, a publisher of college textbooks,...Ch. 10 - 37. Fernando Rodriguez purchased $64,000 in U.S....
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- T2.4: Let d₁arrow_forwardSolve the following boundary value problem using method of separation of variables: 1 ə ди r dr 70% (107) + 1 д²и = 0, 12802 -πarrow_forwardT2.3: Prove that there exists a connected graph with degrees d₁ ≥ d₂ >> dn if and only if d1, d2,..., dn is graphic, d ≥ 1 and di≥2n2. That is, some graph having degree sequence with these conditions is connected. Hint - Do not attempt to directly prove this using Erdos-Gallai conditions. Instead work with a realization and show that 2-switches can be used to make a connected graph with the same degree sequence. Facts that can be useful: a component (i.e., connected) with n₁ vertices and at least n₁ edges has a cycle. Note also that a 2-switch using edges from different components of a forest will not necessarily reduce the number of components. Make sure that you justify that your proof has a 2-switch that does decrease the number of components.arrow_forwardT2.2 Prove that a sequence s d₁, d₂,..., dn with n ≥ 3 of integers with 1≤d; ≤ n − 1 is the degree sequence of a connected unicyclic graph (i.e., with exactly one cycle) of order n if and only if at most n-3 terms of s are 1 and Σ di = 2n. (i) Prove it by induction along the lines of the inductive proof for trees. There will be a special case to handle when no d₂ = 1. (ii) Prove it by making use of the caterpillar construction. You may use the fact that adding an edge between 2 non-adjacent vertices of a tree creates a unicylic graph.arrow_forwardI need help with this problem and an explanation of the solution for the image described below. (Statistics: Engineering Probabilities)arrow_forward= == T2.1: Prove that the necessary conditions for a degree sequence of a tree are sufficient by showing that if di 2n-2 there is a caterpillar with these degrees. Start the construction as follows: if d1, d2,...,d2 and d++1 = d = 1 construct a path v1, v2, ..., vt and add d; - 2 pendent edges to v, for j = 2,3,..., t₁, d₁ - 1 to v₁ and d₁ - 1 to v₁. Show that this construction results vj in a caterpillar with degrees d1, d2, ..., dnarrow_forwardDo the Laplace Transformation and give the answer in Partial Fractions. Also do the Inverted Laplace Transformation and explain step-by-step.arrow_forwardI need help with this problem and an explanation of the solution for the image described below. (Statistics: Engineering Probabilities)arrow_forward12. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.3.508.XP. ASK YOUR TEA Make a substitution to express the integrand as a rational function and then evaluate the integral. (Remember to use absolute values where appropriate. Use C for the constant of integration.) x + 16 dx X Need Help? Read It SUBMIT ANSWER 13. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.3.512.XP. ASK YOUR TEA Make a substitution to express the integrand as a rational function and then evaluate the integral. (Remember to use absolute values where appropriate. Use C for the constant of integration.) dx 8)(2x + 1) Need Help? Read It SUBMIT ANSWER 14. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.3.518.XP. Find the area of the region under the given curve from 1 to 5. y = x² +7 6x - x² Need Help? Read It ASK YOUR TEAarrow_forwardLakshmi planted 20 begonias, but her neighbor’s dog ate 7 of them. What percent of the begonias did the dog eat?arrow_forwardDETAILS MY NOTES SESSCALCET2 6.3.012. 6. [-/1 Points] Evaluate the integral. x-4 dx x² - 5x + 6 Need Help? Read It SUBMIT ANSWER 7. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.3.019. Evaluate the integral. (Remember to use absolute values where appropriate. Use C for the constant of integration.) x²+1 (x-6)(x-5)² dx Need Help? Read It SUBMIT ANSWER 8. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.3.021. Evaluate the integral. (Remember to use absolute values where appropriate. Use C for the constant of integration.) ✓ x² 4 +4 dxarrow_forwardDETAILS MY NOTES SESSCALCET2 6.3.017. 1. [-/1 Points] Evaluate the integral. - - dy y(y + 2)(y-3) Need Help? Read It Watch It SUBMIT ANSWER 2. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.3.027. Evaluate the integral. (Use C for the constant of integration.) X + 16 x²+10x29 dx Need Help? Read It Watch It SUBMIT ANSWERarrow_forwardarrow_back_iosSEE MORE QUESTIONSarrow_forward_iosRecommended textbooks for you
Algebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
College AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
Algebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage LearningCollege AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
Use of ALGEBRA in REAL LIFE; Author: Fast and Easy Maths !;https://www.youtube.com/watch?v=9_PbWFpvkDc;License: Standard YouTube License, CC-BY
Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=P182Abv3fOk;License: Standard YouTube License, CC-BY
Applications of Algebra (Digit, Age, Work, Clock, Mixture and Rate Problems); Author: EngineerProf PH;https://www.youtube.com/watch?v=Y8aJ_wYCS2g;License: Standard YouTube License, CC-BY