Contemporary Mathematics for Business & Consumers
8th Edition
ISBN: 9781305585447
Author: Robert Brechner, Geroge Bergeman
Publisher: Cengage Learning
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Chapter 11.I, Problem 8RE
To determine
To calculate: The compound amount and the compound interest for given investments with principal
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Chapter 11 Solutions
Contemporary Mathematics for Business & Consumers
Ch. 11.I - Gail Parker invested $10,000 at 6% interest...Ch. 11.I - Jenny Chao invested $20,000 at 6% interest...Ch. 11.I - Prob. 3TIECh. 11.I - Jill Quinn invested $7,000 in a certificate of...Ch. 11.I - Prob. 5TIECh. 11.I - Prob. 1RECh. 11.I - For the following investments, find the total...Ch. 11.I - For the following investments, find the total...Ch. 11.I - Prob. 4RECh. 11.I - Prob. 5RE
Ch. 11.I - Prob. 6RECh. 11.I - For the following investments, find the total...Ch. 11.I - Prob. 8RECh. 11.I - Prob. 9RECh. 11.I - Manually calculate the compound amount and...Ch. 11.I - Prob. 11RECh. 11.I - Prob. 12RECh. 11.I - Prob. 13RECh. 11.I - Prob. 14RECh. 11.I - Prob. 15RECh. 11.I - Prob. 16RECh. 11.I - Using Table 11-1, calculate the compound amount...Ch. 11.I - Prob. 18RECh. 11.I - Prob. 19RECh. 11.I - The following investments require table factors...Ch. 11.I - Prob. 21RECh. 11.I - Prob. 22RECh. 11.I - Prob. 23RECh. 11.I - Prob. 24RECh. 11.I - Prob. 25RECh. 11.I - For the following investments, compute the amount...Ch. 11.I - For the following investments, compute the amount...Ch. 11.I - Prob. 28RECh. 11.I - Solve the following word problems by using Table...Ch. 11.I - Prob. 30RECh. 11.I - Solve the following word problems by using Table...Ch. 11.I - Solve the following word problems by using Table...Ch. 11.I - Solve the following word problems by using Table...Ch. 11.I - Solve the following word problems by using Table...Ch. 11.I - Prob. 35RECh. 11.I - Solve the following exercises and word problems by...Ch. 11.I - Prob. 37RECh. 11.I - Prob. 38RECh. 11.I - 39. Gabriel Hopen, a 32-year-old commercial...Ch. 11.I - 40. The FernRod Motorcycle Company invested...Ch. 11.II - Prob. 6TIECh. 11.II - Calculate a new table factor and find the present...Ch. 11.II - Prob. 8TIECh. 11.II - For the following investments, calculate the...Ch. 11.II - Prob. 2RECh. 11.II - Prob. 3RECh. 11.II - Prob. 4RECh. 11.II - Prob. 5RECh. 11.II - For the following investments, calculate the...Ch. 11.II - Prob. 7RECh. 11.II - For the following investments, calculate the...Ch. 11.II - Prob. 9RECh. 11.II - Prob. 10RECh. 11.II - Prob. 11RECh. 11.II - The following investments require table factors...Ch. 11.II - The following investments require table factors...Ch. 11.II - Prob. 14RECh. 11.II - The following investments require table factors...Ch. 11.II - Prob. 16RECh. 11.II - Prob. 17RECh. 11.II - Solve the following word problems by using table...Ch. 11.II - Prob. 19RECh. 11.II - Solve the following word problems by using Table...Ch. 11.II - Prob. 21RECh. 11.II - Solve the following word problems by using table...Ch. 11.II - Prob. 23RECh. 11.II - Prob. 24RECh. 11.II - Solve the following exercises and word problems by...Ch. 11.II - Prob. 26RECh. 11.II - 27. Alana and Eva Rodriguez are planning a...Ch. 11.II - 28. Mike Gioulis would like to have $25,000 in 4...Ch. 11.II - You are the finance manager for Olympia...Ch. 11 - 1. Interest calculated solely on the principal is...Ch. 11 - Prob. 2CRCh. 11 - Prob. 3CRCh. 11 - Prob. 4CRCh. 11 - Prob. 5CRCh. 11 - Prob. 6CRCh. 11 - Prob. 7CRCh. 11 - A shortcut method for calculating approximately...Ch. 11 - Prob. 9CRCh. 11 - Prob. 10CRCh. 11 - Prob. 11CRCh. 11 - Prob. 12CRCh. 11 - Prob. 13CRCh. 11 - 14. To use the compound interest formula and the...Ch. 11 - Using Table 11-1, calculate the compound amount...Ch. 11 - Using Table 11-1, calculate the compound amount...Ch. 11 - Using Table 11-1, calculate the compound amount...Ch. 11 - Prob. 4ATCh. 11 - Prob. 5ATCh. 11 - The following investments require table factors...Ch. 11 - Prob. 7ATCh. 11 - For the following investments, compute the amount...Ch. 11 - Prob. 9ATCh. 11 - Prob. 10ATCh. 11 - Calculate the present value (principal) and the...Ch. 11 - Prob. 12ATCh. 11 - Prob. 13ATCh. 11 - Prob. 14ATCh. 11 - Prob. 15ATCh. 11 - Prob. 16ATCh. 11 - Prob. 17ATCh. 11 - Solve the following word problems by using Table...Ch. 11 - Prob. 19ATCh. 11 - Solve the following word problems by using Table...Ch. 11 - Solve the following word problems by using Table...Ch. 11 - Prob. 22ATCh. 11 - Solve the following word problems by using Table...Ch. 11 - Solve the following word problems by using Table...Ch. 11 - Prob. 25ATCh. 11 - Solve the following word problems by using Table...Ch. 11 - Solve the following word problems by using Table...Ch. 11 - Prob. 28ATCh. 11 - Prob. 29ATCh. 11 - Prob. 30ATCh. 11 - Prob. 31ATCh. 11 - Prob. 32ATCh. 11 - Prob. 33ATCh. 11 - Prob. 34ATCh. 11 - Prob. 35ATCh. 11 - Prob. 36ATCh. 11 - Prob. 37ATCh. 11 - Quinn and Julius inherited $50,000 each from their...Ch. 11 - 39. Greg and Verena Sava need $20,000 in 3 years...
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- Scoring: MATH 15 FILING /10 COMPARISON /10 RULER I 13 Express EMPLOYMENT PROFESSIONALS NAME: SKILLS EVALUATION TEST- Light Industrial MATH-Solve the following problems. (Feel free to use a calculator.) DATE: 1. If you were asked to load 225 boxes onto a truck, and the boxes are crated, with each crate containing nine boxes, how many crates would you need to load? 2. Imagine you live only one mile from work and you decide to walk. If you walk four miles per hour, how long will it take you to walk one mile? 3. Add 3 feet 6 inches + 8 feet 2 inches + 4 inches + 2 feet 5 inches. 4. In a grocery store, steak costs $3.85 per pound. If you buy a three-pound steak and pay for it with a $20 bill, how much change will you get? 5. Add 8 minutes 32 seconds + 37 minutes 18 seconds + 15 seconds. FILING - In the space provided, write the number of the file cabinet where the company should be filed. Example: File Cabinet #4 Elson Co. File Cabinets: 1. Aa-Bb 3. Cg-Dz 5. Ga-Hz 7. La-Md 9. Na-Oz 2. Bc-Cf…arrow_forwardpart 3 of the question is: A power outage occurs 6 min after the ride started. Passengers must wait for their cage to be manually cranked into the lowest position in order to exit the ride. Sine function model: where h is the height of the last passenger above the ground measured in feet and t is the time of operation of the ride in minutes. What is the height of the last passenger at the moment of the power outage? Verify your answer by evaluating the sine function model. Will the last passenger to board the ride need to wait in order to exit the ride? Explain.arrow_forwardIf you were asked to load 225 boxes onto a truck, and the boxes are crated, with each crate containing nine boxes, how many crates would you need to load?arrow_forward
- Force with 800 N and 400 N are acting on a machine part at 30° and 60°, respectively with the positive x axisarrow_forward2. The duration of the ride is 15 min. (a) How many times does the last passenger who boarded the ride make a complete loop on the Ferris wheel? (b) What is the position of that passenger when the ride ends?arrow_forwardFind the accumulated amount A, if the principal P is invested at an interest rate of r per year for t years. (Round your answer to the nearest cent.) P = $13,000, r = 6%, t = 10, compounded quarterly A = $ 31902 Need Help? Read It Watch It Viewing Saved Work Revert to Last Response SUBMIT ANSWER O/6.66 Points] DETAILS MY NOTES TANAPCALC10 5.3.003. EVIOUS ANSWERS ASK YOUR TEACHER PRACTICE ANOTHER Find the accumulated amount A, if the principal P is invested at an interest rate of r per year for t years. (Round your answer to the nearest cent.) P = $140,000, r = 8%, t = 8, compounded monthly A = $259130.20 X Need Help? Read It Watch Itarrow_forward
- Find the present value of $20,000 due in 3 years at the given rate of interest. (Round your answers to the nearest cent.) (a) 2%/year compounded monthly (b) 5%/year compounded daily $ Need Help? Read It Watch It SUBMIT ANSWER [-/6.66 Points] DETAILS MY NOTES TANAPCALC10 5.3.009. ASK YOUR TEACHER PRACTICE ANC Find the accumulated amount after 3 years if $4000 is invested at 3%/year compounded continuously. (Round your answer to the nearest cent.) Need Help? Read It Watch Itarrow_forwardFind the effective rate corresponding to the given nominal rate. (Round your answers to three decimal places.) (a) 9.5%/year compounded monthly % (b) 9.5%/year compounded daily % Need Help? Read It Watch It SUBMIT ANSWER -/6.66 Points] DETAILS MY NOTES TANAPCALC10 5.3.007. ASK YOUR TEACHE Find the present value of $90,000 due in 7 years at the given rate of interest. (Round your answers to the nearest cent.) (a) 9%/year compounded semiannually (b) 9%/year compounded quarterly LAarrow_forwardFind the accumulated amount A, if the principal P is invested at an interest rate of r per year for t years. (Round your answer to the nearest cent.) P = $160,000, r = 7%, t = 4, compounded daily A = $211113.60 Need Help? Read It SUBMIT ANSWER ASK YOUR TEACHER PRACTICE ANOTHER --/6.66 Points] DETAILS MY NOTES TANAPCALC10 5.3.005. Find the effective rate corresponding to the given nominal rate. (Round your answers to three decimal places.) (a) 8%/year compounded semiannually % (b) 9%/year compounded quarterly %arrow_forward
- 3. A scientist recorded the movement of a pendulum for 10 s. The scientist began recording when the pendulum was at its resting position. The pendulum then moved right (positive displacement) and left (negative displacement) several times. The pendulum took 4 s to swing to the right and the left and then return to its resting position. The pendulum's furthest distance to either side was 6 in. Graph the function that represents the pendulum's displacement as a function of time. Answer: f(t) (a) Write an equation to represent the displacement of the pendulum as a function of time. (b) Graph the function. 10 9 8 7 6 5 4 3 2 1 0 t 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 -1 -5. -6 -7 -8 -9 -10-arrow_forwardFind the derivative of the function. g'(t) = 9t g(t) = In(t) (9ln(t) - 1) [In(t)] 2 × Need Help? Read It Watch Itarrow_forwardA power outage occurs 6 min after the ride started. Passengers must wait for their cage to be manually cranked into the lowest position in order to exit the ride. Sine function model: h = −82.5 cos (3πt) + 97.5 where h is the height of the last passenger above the ground measured in feet and t is the time of operation of the ride in minutes. (a) What is the height of the last passenger at the moment of the power outage? Verify your answer by evaluating the sine function model. (b) Will the last passenger to board the ride need to wait in order to exit the ride? Explain.arrow_forward
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