Pearson eText for College Mathematics for Business, Economics, Life Sciences, and Social Sciences -- Instant Access (Pearson+)
Pearson eText for College Mathematics for Business, Economics, Life Sciences, and Social Sciences -- Instant Access (Pearson+)
14th Edition
ISBN: 9780137553341
Author: Raymond Barnett, Michael Ziegler
Publisher: PEARSON+
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Concept explainers

Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as p…
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Chapter 3.1, Problem 5MP
To determine

The annual rate of interest for an investor who purchases 500 shares of stock at the price of $17.64 per share and sells the stock for $22.36 per share after 270 days.

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Chapter 3 Solutions

Pearson eText for College Mathematics for Business, Economics, Life Sciences, and Social Sciences -- Instant Access (Pearson+)

Ch. 3.1 - Find the total amount due on a loan of $500 at 12%...Ch. 3.1 - Repeat Example 2 with a time period of 6...Ch. 3.1 - Repeat Example 3, assuming that you pay $9,828.74...Ch. 3.1 - Repeat Example 4 assuming that 90 days after it...Ch. 3.1 - Repeat Example 5 if 500 shares of stock were...Ch. 3.1 - Prob. 6MPCh. 3.1 - Prob. 1EDCh. 3.1 - Prob. 1ECh. 3.1 - In, Problems 1-4, if necessary, review Section...Ch. 3.1 - Prob. 3E
Ch. 3.1 - Prob. 4ECh. 3.1 - Prob. 5ECh. 3.1 - Prob. 6ECh. 3.1 - Prob. 7ECh. 3.1 - Prob. 8ECh. 3.1 - Prob. 9ECh. 3.1 - Prob. 10ECh. 3.1 - Prob. 11ECh. 3.1 - Prob. 12ECh. 3.1 - Prob. 13ECh. 3.1 - Prob. 14ECh. 3.1 - Prob. 15ECh. 3.1 - Prob. 16ECh. 3.1 - Prob. 17ECh. 3.1 - Prob. 18ECh. 3.1 - Prob. 19ECh. 3.1 - Prob. 20ECh. 3.1 - Prob. 21ECh. 3.1 - Prob. 22ECh. 3.1 - Prob. 23ECh. 3.1 - Prob. 24ECh. 3.1 - Prob. 25ECh. 3.1 - Prob. 26ECh. 3.1 - Prob. 27ECh. 3.1 - Prob. 28ECh. 3.1 - Prob. 29ECh. 3.1 - Prob. 30ECh. 3.1 - Prob. 31ECh. 3.1 - Prob. 32ECh. 3.1 - Prob. 33ECh. 3.1 - Prob. 34ECh. 3.1 - Prob. 35ECh. 3.1 - Prob. 36ECh. 3.1 - Prob. 37ECh. 3.1 - Prob. 38ECh. 3.1 - Prob. 39ECh. 3.1 - Prob. 40ECh. 3.1 - Prob. 41ECh. 3.1 - Prob. 42ECh. 3.1 - Prob. 43ECh. 3.1 - Prob. 44ECh. 3.1 - Prob. 45ECh. 3.1 - Prob. 46ECh. 3.1 - Prob. 47ECh. 3.1 - Prob. 48ECh. 3.1 - Prob. 49ECh. 3.1 - Prob. 50ECh. 3.1 - Prob. 51ECh. 3.1 - Prob. 52ECh. 3.1 - Prob. 53ECh. 3.1 - Prob. 54ECh. 3.1 - Prob. 55ECh. 3.1 - Prob. 56ECh. 3.1 - Prob. 57ECh. 3.1 - Prob. 58ECh. 3.1 - Prob. 59ECh. 3.1 - Prob. 60ECh. 3.1 - Prob. 61ECh. 3.1 - Prob. 62ECh. 3.1 - What annual interest rate is earned by a 13-week...Ch. 3.1 - Prob. 64ECh. 3.1 - Prob. 65ECh. 3.1 - Prob. 66ECh. 3.1 - Prob. 67ECh. 3.1 - Prob. 68ECh. 3.1 - For services rendered, an attorney accepts a...Ch. 3.1 - Prob. 70ECh. 3.1 - Use the commission schedule from Company A shown...Ch. 3.1 - Prob. 72ECh. 3.1 - Prob. 73ECh. 3.1 - Prob. 74ECh. 3.1 - Prob. 75ECh. 3.1 - Prob. 76ECh. 3.1 - Many tax preparation firms offer their clients a...Ch. 3.1 - Prob. 78ECh. 3.1 - Prob. 79ECh. 3.1 - Prob. 80ECh. 3.1 - Prob. 81ECh. 3.1 - Prob. 82ECh. 3.1 - In Problems 83–86, assume that the annual interest...Ch. 3.1 - Prob. 84ECh. 3.1 - Prob. 85ECh. 3.1 - Prob. 86ECh. 3.1 - Prob. 87ECh. 3.1 - A payday loan is a short-term loan that is repaid...Ch. 3.1 - A payday loan is a short-term loan that is repaid...Ch. 3.1 - Prob. 90ECh. 3.2 - Repeat Example 1 with an annual interest rate of...Ch. 3.2 - Prob. 2MPCh. 3.2 - Prob. 3MPCh. 3.2 - Prob. 4MPCh. 3.2 - Prob. 5MPCh. 3.2 - Prob. 6MPCh. 3.2 - Prob. 7MPCh. 3.2 - Prob. 1EDCh. 3.2 - Prob. 2EDCh. 3.2 - Prob. 1ECh. 3.2 - Prob. 2ECh. 3.2 - Prob. 3ECh. 3.2 - Prob. 4ECh. 3.2 - In Problems 1–8, solve the equation for the...Ch. 3.2 - Prob. 6ECh. 3.2 - Prob. 7ECh. 3.2 - In Problems 1–8, solve the equation for the...Ch. 3.2 - Prob. 9ECh. 3.2 - Prob. 10ECh. 3.2 - Prob. 11ECh. 3.2 - Prob. 12ECh. 3.2 - In Problems 13–20, use the continuous compound...Ch. 3.2 - Prob. 14ECh. 3.2 - Prob. 15ECh. 3.2 - Prob. 16ECh. 3.2 - Prob. 17ECh. 3.2 - In Problems 13–20, use the continuous compound...Ch. 3.2 - Prob. 19ECh. 3.2 - Prob. 20ECh. 3.2 - Prob. 21ECh. 3.2 - Prob. 22ECh. 3.2 - In Problems 21–28, use the given annual interest...Ch. 3.2 - Prob. 24ECh. 3.2 - Prob. 25ECh. 3.2 - Prob. 26ECh. 3.2 - Prob. 27ECh. 3.2 - In Problems 21–28, use the given annual interest...Ch. 3.2 - Prob. 29ECh. 3.2 - Prob. 30ECh. 3.2 - Prob. 31ECh. 3.2 - Prob. 32ECh. 3.2 - In Problems 29–36, use the given interest rate i...Ch. 3.2 - Prob. 34ECh. 3.2 - Prob. 35ECh. 3.2 - Prob. 36ECh. 3.2 - Prob. 37ECh. 3.2 - If $2,000 is invested at 7%...Ch. 3.2 - Prob. 39ECh. 3.2 - If $20,000 is invested at 4% compounded monthly,...Ch. 3.2 - If $8,000 is invested at 7% compounded...Ch. 3.2 - Prob. 42ECh. 3.2 - Prob. 43ECh. 3.2 - Prob. 44ECh. 3.2 - Prob. 45ECh. 3.2 - Prob. 46ECh. 3.2 - If an investment company pays 6% compounded...Ch. 3.2 - If an investment company pays 8% compounded...Ch. 3.2 - Prob. 49ECh. 3.2 - Prob. 50ECh. 3.2 - Prob. 51ECh. 3.2 - Prob. 52ECh. 3.2 - What is the annual percentage yield (APY) for...Ch. 3.2 - Prob. 54ECh. 3.2 - Prob. 55ECh. 3.2 - Prob. 56ECh. 3.2 - Prob. 57ECh. 3.2 - How long will it take $42,000 to grow to $60,276...Ch. 3.2 - Prob. 59ECh. 3.2 - Prob. 60ECh. 3.2 - Prob. 61ECh. 3.2 - Prob. 62ECh. 3.2 - How long will it take money to double if it is...Ch. 3.2 - Prob. 64ECh. 3.2 - Prob. 65ECh. 3.2 - Prob. 66ECh. 3.2 - Prob. 67ECh. 3.2 - If the inflation rate averages 4% per year...Ch. 3.2 - Prob. 69ECh. 3.2 - In a suburb, housing costs have been increasing at...Ch. 3.2 - Prob. 71ECh. 3.2 - (A) Starting with formula (1), derive each of the...Ch. 3.2 - A promissory note will pay $50,000 at maturity 6...Ch. 3.2 - Prob. 74ECh. 3.2 - Prob. 75ECh. 3.2 - A married couple has $15,000 toward the purchase...Ch. 3.2 - An Individual Retirement Account (IRA) has $20,000...Ch. 3.2 - If $1 had been placed in a bank account in the...Ch. 3.2 - How long will it take money to double if it is...Ch. 3.2 - Prob. 80ECh. 3.2 - Prob. 81ECh. 3.2 - Prob. 82ECh. 3.2 - How long does it take for a $2,400 investment at...Ch. 3.2 - Prob. 84ECh. 3.2 - Prob. 85ECh. 3.2 - Prob. 86ECh. 3.2 - Prob. 87ECh. 3.2 - What is the annual nominal rate compounded monthly...Ch. 3.2 - Prob. 89ECh. 3.2 - Prob. 90ECh. 3.2 - Prob. 91ECh. 3.2 - Problems 91–94 refer to zero coupon bonds. A zero...Ch. 3.2 - Problems 91–94 refer to zero coupon bonds. A zero...Ch. 3.2 - Prob. 94ECh. 3.2 - Prob. 95ECh. 3.2 - Prob. 96ECh. 3.2 - The buying and selling commission schedule shown...Ch. 3.2 - Prob. 98ECh. 3.3 - Matched Problem 1 What is the value of an annuity...Ch. 3.3 - Prob. 2MPCh. 3.3 - Prob. 3MPCh. 3.3 - Prob. 4MPCh. 3.3 - Prob. 1EDCh. 3.3 - Prob. 2EDCh. 3.3 - Prob. 1ECh. 3.3 - Prob. 2ECh. 3.3 - Prob. 3ECh. 3.3 - Prob. 4ECh. 3.3 - Prob. 5ECh. 3.3 - Prob. 6ECh. 3.3 - Prob. 7ECh. 3.3 - Prob. 8ECh. 3.3 - Prob. 9ECh. 3.3 - Prob. 10ECh. 3.3 - Prob. 11ECh. 3.3 - Prob. 12ECh. 3.3 - Prob. 13ECh. 3.3 - Prob. 14ECh. 3.3 - Prob. 15ECh. 3.3 - Prob. 16ECh. 3.3 - In Problems 15–22, use the future value formula...Ch. 3.3 - Prob. 18ECh. 3.3 - Prob. 19ECh. 3.3 - Prob. 20ECh. 3.3 - Prob. 21ECh. 3.3 - Prob. 22ECh. 3.3 - Prob. 23ECh. 3.3 - Prob. 24ECh. 3.3 - Prob. 25ECh. 3.3 - Prob. 26ECh. 3.3 - Prob. 27ECh. 3.3 - Prob. 28ECh. 3.3 - In order to accumulate enough money for a down...Ch. 3.3 - Prob. 30ECh. 3.3 - Prob. 31ECh. 3.3 - Prob. 32ECh. 3.3 - Prob. 33ECh. 3.3 - Prob. 34ECh. 3.3 - If $1,000 is deposited at the end of each year for...Ch. 3.3 - Prob. 36ECh. 3.3 - Prob. 37ECh. 3.3 - If $500 is deposited each quarter into an account...Ch. 3.3 - Prob. 39ECh. 3.3 - Prob. 40ECh. 3.3 - Prob. 41ECh. 3.3 - Prob. 42ECh. 3.3 - Prob. 43ECh. 3.3 - Prob. 44ECh. 3.3 - Prob. 45ECh. 3.3 - A company establishes a sinking fund for upgrading...Ch. 3.3 - Prob. 47ECh. 3.3 - Prob. 48ECh. 3.3 - Prob. 49ECh. 3.3 - Prob. 50ECh. 3.3 - In Problems 51 and 52, use graphical approximation...Ch. 3.3 - Prob. 52ECh. 3.4 - How much should you deposit in an account paying...Ch. 3.4 - Prob. 2MPCh. 3.4 - Prob. 3MPCh. 3.4 - Prob. 4MPCh. 3.4 - A couple purchased a home 20 years ago for...Ch. 3.4 - Which option should you choose if your credit...Ch. 3.4 - Prob. 7MPCh. 3.4 - Prob. 1EDCh. 3.4 - Prob. 2EDCh. 3.4 - Prob. 1ECh. 3.4 - Prob. 2ECh. 3.4 - Prob. 3ECh. 3.4 - Prob. 4ECh. 3.4 - Prob. 5ECh. 3.4 - Prob. 6ECh. 3.4 - Prob. 7ECh. 3.4 - Prob. 8ECh. 3.4 - Prob. 9ECh. 3.4 - Prob. 10ECh. 3.4 - Prob. 11ECh. 3.4 - Prob. 12ECh. 3.4 - Prob. 13ECh. 3.4 - Prob. 14ECh. 3.4 - Prob. 15ECh. 3.4 - Prob. 16ECh. 3.4 - In Problems 15–22, use formula (5) or (6) to solve...Ch. 3.4 - Prob. 18ECh. 3.4 - Prob. 19ECh. 3.4 - Prob. 20ECh. 3.4 - Prob. 21ECh. 3.4 - Prob. 22ECh. 3.4 - Prob. 23ECh. 3.4 - Prob. 24ECh. 3.4 - Prob. 25ECh. 3.4 - Explain why the last payment in an amortization...Ch. 3.4 - Prob. 27ECh. 3.4 - American General offers a 7-yeru ordinary annuity...Ch. 3.4 - Prob. 29ECh. 3.4 - Prob. 30ECh. 3.4 - Prob. 31ECh. 3.4 - Prob. 32ECh. 3.4 - Prob. 33ECh. 3.4 - Prob. 34ECh. 3.4 - Prob. 35ECh. 3.4 - Prob. 36ECh. 3.4 - Prob. 37ECh. 3.4 - Prob. 38ECh. 3.4 - Prob. 39ECh. 3.4 - Prob. 40ECh. 3.4 - Prob. 41ECh. 3.4 - Prob. 42ECh. 3.4 - Prob. 43ECh. 3.4 - Prob. 44ECh. 3.4 - Prob. 45ECh. 3.4 - Prob. 46ECh. 3.4 - Some friends tell you that they paid $25,000 down...Ch. 3.4 - Prob. 48ECh. 3.4 - Prob. 49ECh. 3.4 - Prob. 50ECh. 3.4 - Prob. 51ECh. 3.4 - Prob. 52ECh. 3.4 - Prob. 53ECh. 3.4 - At the time they retire, a couple has $200,000 in...Ch. 3.4 - Prob. 55ECh. 3.4 - Prob. 56ECh. 3.4 - Prob. 57ECh. 3.4 - Prob. 58ECh. 3.4 - Prob. 59ECh. 3.4 - Prob. 60ECh. 3.4 - A person purchased a $145,000 home 10 years ago by...Ch. 3.4 - Prob. 62ECh. 3.4 - Prob. 63ECh. 3.4 - Prob. 64ECh. 3.4 - Prob. 65ECh. 3.4 - Prob. 66ECh. 3.4 - Prob. 67ECh. 3.4 - Prob. 68ECh. 3 - Prob. 1RECh. 3 - In Problems 1–4, find the indicated quantity,...Ch. 3 - In Problems 1–4, find the indicated quantity,...Ch. 3 - In Problems 1–4, find the indicated quantity,...Ch. 3 - In Problems 5 and 6, find the indicated quantity,...Ch. 3 - In Problems 5 and 6, find the indicated quantity,...Ch. 3 - In Problems 7 and 8, find the indicated quantity,...Ch. 3 - In Problems 7 and 8, find the indicated quantity,...Ch. 3 - In Problems 9 and 10, find the indicated quantity,...Ch. 3 - In Problems 9 and 10, find the indicated quantity,...Ch. 3 - Prob. 11RECh. 3 - Prob. 12RECh. 3 - Prob. 13RECh. 3 - Prob. 14RECh. 3 - Prob. 15RECh. 3 - Prob. 16RECh. 3 - Prob. 17RECh. 3 - Prob. 18RECh. 3 - Prob. 19RECh. 3 - Prob. 20RECh. 3 - Prob. 21RECh. 3 - Prob. 22RECh. 3 - Prob. 23RECh. 3 - Prob. 24RECh. 3 - Prob. 25RECh. 3 - Prob. 26RECh. 3 - Prob. 27RECh. 3 - Prob. 28RECh. 3 - You want to purchase an automobile for $21,600....Ch. 3 - Prob. 30RECh. 3 - Prob. 31RECh. 3 - Prob. 32RECh. 3 - Prob. 33RECh. 3 - Prob. 34RECh. 3 - Prob. 35RECh. 3 - Prob. 36RECh. 3 - Prob. 37RECh. 3 - Prob. 38RECh. 3 - Prob. 39RECh. 3 - Prob. 40RECh. 3 - Prob. 41RECh. 3 - Prob. 42RECh. 3 - Prob. 43RECh. 3 - Prob. 44RECh. 3 - Prob. 45RECh. 3 - Prob. 46RECh. 3 - Prob. 47RECh. 3 - Prob. 48RECh. 3 - Prob. 49RECh. 3 - Prob. 50RECh. 3 - Prob. 51RECh. 3 - Prob. 52RECh. 3 - Prob. 53RECh. 3 - Prob. 54RECh. 3 - Prob. 55RECh. 3 - Prob. 56RECh. 3 - Prob. 57RECh. 3 - Prob. 58RECh. 3 - Prob. 59RECh. 3 - Prob. 60RECh. 3 - Prob. 61RECh. 3 - Prob. 62RECh. 3 - Prob. 63RECh. 3 - Prob. 64RECh. 3 - Prob. 65RE
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