
Practical Business Math Procedures
12th Edition
ISBN: 9781259540554
Author: Jeffrey Slater, Sharon Wittry
Publisher: McGraw-Hill Education
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Chapter 11.2, Problem 2AH
(a)
To determine
The maturity date and the discount period of promissory note, date of note is March 11, length of note is 200 days and discounted date is June 28.
(b)
To determine
The maturity date and the discount period of promissory note, date of note is January 22, length of note is 60 days and discounted date is March 2.
(c)
To determine
The maturity date and the discount period of promissory note, date of note is April 19, length of note is 85 days and discounted date is June 6.
(d)
To determine
The maturity date and the discount period of promissory note, date of note is November 17, length of note is 120 days and discounted date is February 15.
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Students have asked these similar questions
3. Consider the polynomial equation 6-iz+7z² - iz³ +z = 0 for which the roots are 3i, -2i, -i,
and i.
(a) Verify the relations between this roots and the coefficients of the polynomial.
(b) Find the annulus region in which the roots lie.
The managing director of a consulting group has the accompanying monthly data on total overhead costs and professional labor hours to bill to clients. Complete parts a through c.
Question content area bottom
Part 1
a. Develop a simple linear regression model between billable hours and overhead costs.
Overhead
Costsequals=212495.2212495.2plus+left parenthesis 42.4857 right parenthesis42.485742.4857times×Billable
Hours
(Round the constant to one decimal place as needed. Round the coefficient to four decimal places as needed. Do not include the $ symbol in your answers.)
Part 2
b. Interpret the coefficients of your regression model. Specifically, what does the fixed component of the model mean to the consulting firm?
Interpret the fixed term,
b 0b0,
if appropriate. Choose the correct answer below.
A.
The value of
b 0b0
is the predicted billable hours for an overhead cost of 0 dollars.
B.
It is not appropriate to interpret
b 0b0,
because its value…
3. Consider the polynomial equation 6-iz+7z2-iz³ +z = 0 for which the roots are 3i, -2i, -i,
and i.
(a) Verify the relations between this roots and the coefficients of the polynomial.
(b) Find the annulus region in which the roots lie.
Chapter 11 Solutions
Practical Business Math Procedures
Ch. 11.1 - Warren Ford borrowed $12,000 on a...Ch. 11.1 - Jane Long buys a $10,000, 13-week Treasury bill at...Ch. 11.1 - Warren Ford borrowed $14,000 on a...Ch. 11.1 - Prob. 2EPQCh. 11.1 - Prob. 1AHCh. 11.1 - Prob. 2AHCh. 11.1 - Prob. 3AHCh. 11.1 - Prob. 4AHCh. 11.1 - Prob. 5AHCh. 11.1 - Prob. 6AH
Ch. 11.1 - Prob. 7AHCh. 11.1 - Prob. 8AHCh. 11.1 - Prob. 9AHCh. 11.1 - Prob. 10AHCh. 11.1 - Prob. 11AHCh. 11.2 - Prob. 1PQCh. 11.2 - Prob. 1EPQCh. 11.2 - Prob. 1AHCh. 11.2 - Prob. 2AHCh. 11.2 - Prob. 3AHCh. 11.2 - Prob. 4AHCh. 11.2 - Prob. 5AHCh. 11.2 - Prob. 6AHCh. 11.2 - Prob. 7AHCh. 11.2 - Prob. 8AHCh. 11.2 - Prob. 9AHCh. 11.2 - Prob. 10AHCh. 11.2 - Prob. 11AHCh. 11.2 - Prob. 12AHCh. 11 - Prob. 1ECPCh. 11 - Prob. 2ECPCh. 11 - Prob. 3ECPCh. 11 - Prob. 4ECPCh. 11 - Prob. 5ECPCh. 11 - Solve for maturity value, discount period, bank...Ch. 11 - Calculate the effective rate of interest (to the...Ch. 11 - Carl Sonntag wanted to compare what proceeds he...Ch. 11 - Bill Blank signed an $8,000 note at Citizen’s...Ch. 11 - You were offered the opportunity to issue either a...Ch. 11 - Prob. 11ECPCh. 11 - The Treasury Department auctioned $21 billion in...Ch. 11 - There are some excellent free personal finance...Ch. 11 - Prob. 14ECPCh. 11 - Rex Corporation accepted a $5,000, 8%, 120-day...Ch. 11 - Prob. 16ECPCh. 11 - Prob. 17ECPCh. 11 - Prob. 18ECPCh. 11 - Assume that 3-month Treasury bills totaling $12...Ch. 11 - Tina Mier must pay a $2,000 furniture bill. A...Ch. 11 - On December 12, Lowell Corporation accepted a...Ch. 11 - Prob. 2PTCh. 11 - On July 14, Gracie Paul accepted a $60,000, 6%,...Ch. 11 - Lee.com accepted a $70,000, , 120-day note on July...Ch. 11 - Prob. 5PTCh. 11 - Prob. 6PT
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