Contemporary Mathematics for Business & Consumers

8th Edition

ISBN: 9781305585447

Author: Robert Brechner, Geroge Bergeman

Publisher: Cengage Learning

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Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 …

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experime…

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Textbook Question

Chapter 10.I, Problem 1TIE

Find the amount of interest on each of the following loans.

	Principal	Rate	Time
a.	$4,000	7 %	2 1 4 years
b.	$45,000	9 3 4 %	3 months
c.	$130,000	10.4 %	42 months

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Chapter 9, Problem 24AT

Chapter 10.I, Problem 2TIE

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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. 3TIE Ch. 10.I - Prob. 4TIE Ch. 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. 1RE Ch. 10.I - Prob. 2RE Ch. 10.I - Prob. 3RE Ch. 10.I - Prob. 4RE

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Find the amount of interest on each of the following loans. Principal Rate Time a. $4,000 7 % 2 1 4 years b. $45,000 9 3 4 % 3 months c. $130,000 10.4 % 42 months

Solution Summary: The author calculates the amount of interest on loan, if the principal is 4000, the rate is 7% and the time is 214 years.

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Chapter 10 Solutions