Contemporary Mathematics For Business & Consumers, Brief Edition, Loose-leaf Version
8th Edition
ISBN: 9781305867192
Author: Robert Brechner, Geroge Bergeman
Publisher: South-Western College Pub
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 13.I, Problem 6RE
Calculate the missing information on the following revolving credit accounts. Interest is calculated on the unpaid or previous month’s balance.
Annual Monthly Purchases Payments
Previous Percentage Periodic Finance and Cash and New
Balace Rate (APR) Rate Charge Advances Credits Balance
$1,028.61 ____ 1% ______ $322.20 $300.00 _______
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Please solve the following Probability and Statistics problem (please double check solution and provide explanation):
A binary communication channel carries data as one of two types of signals denoted by 0 and 1. Owing tonoise, a transmitted 0 is sometimes received as a 1 and a transmitted 1 is sometimes received as a 0. For agiven channel, assume a probability of 0.94 that a transmitted 0 is correctly received as a 0 and a probability0.91 that a transmitted 1 is received as a 1. Further assume a probability of 0.45 of transmitting a 0. If asignal is sent, determine
1. Probability that a 1 is received2. Probability that a 0 is received3. Probability that a 1 was transmitted given that a 1 was received4. Probability that a 0 was transmitted given that a 0 was received5. Probability of an error
1) Compute the inverse of the following matrix.
0
1
1
A =
5
1
-1
2-3
-3
Question 3 (5pt): A chemical reaction. In an elementary chemical reaction,
single molecules of two reactants A and B form a molecule of the product C :
ABC. The law of mass action states that the rate of reaction is proportional
to the product of the concentrations of A and B:
d[C]
dt
= k[A][B]
(where k is a constant positive number). Thus, if the initial concentrations are
[A] =
= a moles/L and [B] = b moles/L we write x = [C], then we have
(E):
dx
dt
=
k(ax)(b-x)
1
(a) Write the differential equation (E) with separate variables, i.e. of the form
f(x)dx = g(t)dt.
(b) Assume first that a b. Show that
1
1
1
1
=
(a - x) (b - x)
-
a) a - x
b - x
b)
(c) Find an antiderivative for the function f(x) = (a-x) (b-x) using the previous
question.
(d) Solve the differentiel equation (E), i.e. find x as a function of t. Use the fact
that the initial concentration of C is 0.
(e) Now assume that a = b. Find x(t) assuming that a = b. How does this
expression for x(t) simplify if it is known that [C] =…
Chapter 13 Solutions
Contemporary Mathematics For Business & Consumers, Brief Edition, Loose-leaf Version
Ch. 13.I - Mike Dennis has a Bank of America account with an...Ch. 13.I - Kendra Wolf has a Bank of America revolving credit...Ch. 13.I - Angler Marine has a $75,000 line of credit with...Ch. 13.I - Calculate the missing information on the following...Ch. 13.I - Calculate the missing information on the following...Ch. 13.I - Calculate the missing information on the following...Ch. 13.I - Calculate the missing information on the following...Ch. 13.I - Prob. 5RECh. 13.I - Calculate the missing information on the following...Ch. 13.I - Anny Winslow has a Bank of America revolving...
Ch. 13.I - Kathy Hansen has a revolving credit account. The...Ch. 13.I - Kathy Hansen has a revolving credit account. The...Ch. 13.I - Kathy Hansen has a revolving credit account. The...Ch. 13.I - Prob. 11RECh. 13.I - Kathy Hansen has a revolving credit account. The...Ch. 13.I - Prob. 13RECh. 13.I - 14. Calculate the average daily balance for...Ch. 13.I - 15. Calculate the average daily balance for...Ch. 13.I - Carolyn Salkind has a Bank of America revolving...Ch. 13.I - Prob. 17RECh. 13.I - The Jewelry Exchange has a $30,000 line of credit...Ch. 13.II - Bob Johnson found a car he wanted to buy at...Ch. 13.II - Prob. 5TIECh. 13.II - Prob. 6TIECh. 13.II - Prob. 7TIECh. 13.II - Prob. 8TIECh. 13.II - Prob. 9TIECh. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Prob. 3RECh. 13.II - Prob. 4RECh. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Prob. 6RECh. 13.II - Prob. 7RECh. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Prob. 9RECh. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the amount financed, the finance charge,...Ch. 13.II - Calculate the finance charge, the finance charge...Ch. 13.II - Prob. 16RECh. 13.II - Prob. 17RECh. 13.II - Calculate the finance charge, the finance charge...Ch. 13.II - Calculate the finance charge, the finance charge...Ch. 13.II - Calculate the finance charge, the finance charge...Ch. 13.II - Prob. 21RECh. 13.II - Prob. 22RECh. 13.II - Prob. 23RECh. 13.II - Calculate the finance charge and the annual...Ch. 13.II - Prob. 25RECh. 13.II - Prob. 26RECh. 13.II - Prob. 27RECh. 13.II - Calculate the finance charge and the monthly...Ch. 13.II - Calculate the finance charge and the monthly...Ch. 13.II - Calculate the finance charge and the monthly...Ch. 13.II - Prob. 31RECh. 13.II - Prob. 32RECh. 13.II - Calculate the missing information for the...Ch. 13.II - Calculate the missing information for the...Ch. 13.II - Prob. 35RECh. 13.II - Calculate the missing information for the...Ch. 13.II - Calculate the missing information for the...Ch. 13.II - Prob. 38RECh. 13.II - You are the loan department supervisor for the...Ch. 13.II - Prob. 40RECh. 13.II - You are the loan department supervisor for the...Ch. 13.II - You are the loan department supervisor for the...Ch. 13.II - You are the loan department supervisor for the...Ch. 13.II - Prob. 44RECh. 13.II - Prob. 45RECh. 13.II - 46. Meghan Pease purchased a small sailboat for...Ch. 13.II - Prob. 47RECh. 13.II - 48. Doug Black bought a jet ski with a 9% add-on...Ch. 13.II - Olivia Fast found a timeshare offer entitling her...Ch. 13.II - Tim Houston purchased a wall unit for $2,400. He...Ch. 13.II - First National Bank offers a 36-month installment...Ch. 13.II - At a recent boat show, Nautica Bank was offering...Ch. 13.II - Prob. 53RECh. 13.II - 54. a. What is the rebate fraction of a 36-month...Ch. 13.II - Charlie Allen financed a $3,500 Nautilus home gym...Ch. 13 - ____ credit is a loan arrangement in which there...Ch. 13 - The effective or true annual interest rate being...Ch. 13 - Loans that are backed by the borrowers promise to...Ch. 13 - 4. Loans made on a continuous basis and billed...Ch. 13 - 5. Name the two most common methods used to...Ch. 13 - Prob. 6CRCh. 13 - Prob. 7CRCh. 13 - Prob. 8CRCh. 13 - Prob. 9CRCh. 13 - Prob. 10CRCh. 13 - Prob. 11CRCh. 13 - Prob. 12CRCh. 13 - 13. The finance charge ________ is the unearned...Ch. 13 - Prob. 14CRCh. 13 - Prob. 1ATCh. 13 - Prob. 2ATCh. 13 - Prob. 3ATCh. 13 - 4. Calculate the average daily balance for January...Ch. 13 - Mel Arrandt has a Bank of America account with a...Ch. 13 - Alpine Construction, Inc. has a $100,000 line of...Ch. 13 - George Bell bought an ultralight airplane for...Ch. 13 - 8. David Sporn bought a saddle from Linville...Ch. 13 - 9. Buster Blaster Recording Studio purchased a new...Ch. 13 - Chris Manning purchased a $7,590 motorcycle with a...Ch. 13 - 11. SkyHigh Aircraft Sales uses the Executive...Ch. 13 - 12. After making 11 payments on a 36-month loan,...Ch. 13 - An Auntie Annes franchise financed a $68,000...Ch. 13 - 14. You are a salesperson for Mega Marine Boat...Ch. 13 - 15. Joe Keener found the accompanying ad for a...
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
- 2) Consider the matrix M = [1 2 3 4 5 0 2 3 4 5 00345 0 0 0 4 5 0 0 0 0 5 Determine whether the following statements are True or False. A) M is invertible. B) If R5 and Mx = x, then x = 0. C) The last row of M² is [0 0 0 0 25]. D) M can be transformed into the 5 × 5 identity matrix by a sequence of elementary row operations. E) det (M) 120 =arrow_forward3) Find an equation of the plane containing (0,0,0) and perpendicular to the line of intersection of the planes x + y + z = 3 and x y + z = 5. -arrow_forward3) Find the volume of the solid that lies inside both the sphere x² + y² + z² cylinder x²+y² = 1. = 4 and thearrow_forward
- 1) In the xy-plane, what type of conic section is given by the equation - √√√(x − 1)² + (y − 1)² + √√√(x + 1)² + (y + 1)² : - = 3?arrow_forward1) Compute the following limit. lim x-0 2 cos(x) 2x² - x4arrow_forward3) Let V be the vector space of all functions f: RR. Prove that each W below is a subspace of V. A) W={f|f(1) = 0} B) W = {f|f(1) = ƒ(3)} C) W={ff(x) = − f(x)}arrow_forward
- Translate the angument into symbole from Then determine whether the argument is valid or Invalid. You may use a truth table of, it applicable compare the argument’s symbolic form to a standard valid or invalid form. pot out of bed. The morning I did not get out of bed This moring Mat woke up. (1) Cidt the icon to view tables of standard vald and braild forms of arguments. Let prepresent."The morning Must woke up "and let a represent “This morning I got out of bed.” Seled the cared choice below and II in the answer ber with the symbolic form of the argument (Type the terms of your expression in the same order as they appear in the original expression) A. The argument is valid In symbolic form the argument is $\square $ B. The angunent is braid In symbolic form the argument is $\square $arrow_forwardMs.sally has 12 studentsMr Franklin has twice as many students as Ms. Sally.how many students does Mr Franklin have?arrow_forwardexplainwhat is means for a shape to be symmetricarrow_forward
- y = f(x) b C The graph of y = f(x) is shown in the figure above. On which of the following intervals are dy > 0 and dx d²y dx2 <0? I. aarrow_forward3 2 1 y O a The graph of the function f is shown in the figure above. Which of the following statements about f is true? о limb f(x) = 2 Olima f(x) = 2 о lima f (x) = lim x →b f(x) → f (x) = 1 limb. lima f(x) does not existarrow_forwardQuestion 1 (1pt). The graph below shows the velocity (in m/s) of an electric autonomous vehicle moving along a straight track. At t = 0 the vehicle is at the charging station. 1 8 10 12 0 2 4 6 (a) How far is the vehicle from the charging station when t = 2, 4, 6, 8, 10, 12? (b) At what times is the vehicle farthest from the charging station? (c) What is the total distance traveled by the vehicle?arrow_forwardarrow_back_iosSEE MORE QUESTIONSarrow_forward_ios
Recommended textbooks for you
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 Learning
College Algebra
Algebra
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher: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