Mathematics with Applications In the Management, Natural and Social Sciences (11th Edition)
11th Edition
ISBN: 9780321931078
Author: Margaret L. Lial, Thomas W. Hungerford, John P. Holcomb, Bernadette Mullins
Publisher: PEARSON
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Chapter 5.2, Problem 21E
To determine
To calculate: The value of rate of interest.
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Chapter 5 Solutions
Mathematics with Applications In the Management, Natural and Social Sciences (11th Edition)
Ch. 5.1 - Checkpoint 1
Find the simple interest for each...Ch. 5.1 - Checkpoint 2
For the given bonds, find the...Ch. 5.1 - Checkpoint 3
Find each future value.
(a) $1000 at...Ch. 5.1 - Checkpoint 4
You lend a friend $500. She agrees to...Ch. 5.1 - Checkpoint 5
Find the present value of the given...Ch. 5.1 - Checkpoint 6
Jerrell Davis is owned $19,500 by...Ch. 5.1 - Checkpoint 7
A firm accepts a $21,000 note due in...Ch. 5.1 - Prob. 8CPCh. 5.1 - Checkpoint 9
Find the actual interest rate paid by...Ch. 5.1 - Unless stated otherwise, "interest" means simple...
Ch. 5.1 - Find the interest on each of these loans. (See...Ch. 5.1 - Find the interest on each of these loans. (See...Ch. 5.1 - Prob. 4ECh. 5.1 - Prob. 5ECh. 5.1 - Find the interest on each of these loans. (See...Ch. 5.1 - Find the interest on each of these loans. (See...Ch. 5.1 - Prob. 8ECh. 5.1 - Prob. 9ECh. 5.1 - Find the interest on each of these loans. (See...Ch. 5.1 - Prob. 11ECh. 5.1 - Finance For each of the given corporate bonds,...Ch. 5.1 - Finance For each of the given corporate bonds,...Ch. 5.1 - Finance For each of the given corporate bonds,...Ch. 5.1 - Finance For each of the given corporate bonds,...Ch. 5.1 - Finance For each of the given corporate bonds,...Ch. 5.1 - Find the future value of each of these loans. (See...Ch. 5.1 - Find the future value of each of these loans. (See...Ch. 5.1 - Find the future value of each of these loans. (See...Ch. 5.1 - Prob. 20ECh. 5.1 - Prob. 21ECh. 5.1 - Prob. 22ECh. 5.1 - Find the present value of each future amount. (See...Ch. 5.1 - Prob. 24ECh. 5.1 - Find the present value of each future amount. (See...Ch. 5.1 - Find the present value of each future amount. (See...Ch. 5.1 - Prob. 27ECh. 5.1 - Prob. 28ECh. 5.1 - Prob. 29ECh. 5.1 - Prob. 30ECh. 5.1 - Prob. 31ECh. 5.1 - Prob. 32ECh. 5.1 - Prob. 33ECh. 5.1 - Finance Historically, treasury bills offered...Ch. 5.1 - Prob. 35ECh. 5.1 - Finance Work the following applied...Ch. 5.1 - Prob. 37ECh. 5.1 - Prob. 38ECh. 5.1 - Prob. 39ECh. 5.1 - Prob. 40ECh. 5.1 - Prob. 41ECh. 5.1 - Prob. 42ECh. 5.1 - Prob. 43ECh. 5.1 - Prob. 44ECh. 5.1 - Prob. 45ECh. 5.1 - Prob. 46ECh. 5.1 - Prob. 47ECh. 5.1 - Prob. 48ECh. 5.1 - Prob. 49ECh. 5.1 - Prob. 50ECh. 5.1 - Prob. 51ECh. 5.1 - Prob. 52ECh. 5.1 - Prob. 53ECh. 5.1 - Finance Work these problems. (See Example...Ch. 5.1 - Finance Work these problems. (See Example...Ch. 5.1 - Finance Work these problems. (See Example...Ch. 5.2 - Checkpoint 1
Extend the chart in the text by...Ch. 5.2 - Checkpoint 2
Suppose $17,000 is deposited at 4%...Ch. 5.2 - Prob. 3CPCh. 5.2 - Checkpoint 4
Find the compound amount for $7500...Ch. 5.2 - Checkpoint 5
Find the face value of the zero...Ch. 5.2 - Prob. 6CPCh. 5.2 - Prob. 7CPCh. 5.2 - Prob. 8CPCh. 5.2 - Prob. 9CPCh. 5.2 - Prob. 10CPCh. 5.2 - Prob. 11CPCh. 5.2 - Interest on the zero-coupon bonds here is...Ch. 5.2 - Interest on the zero-coupon bonds here is...Ch. 5.2 - Prob. 3ECh. 5.2 - Interest on the zero-coupon bonds here is...Ch. 5.2 - Interest on the zero-coupon bonds here is...Ch. 5.2 - Prob. 6ECh. 5.2 - Prob. 7ECh. 5.2 - Prob. 8ECh. 5.2 - Find the compound amount and the interest earned...Ch. 5.2 - Prob. 10ECh. 5.2 - Find the compound amount and the interest earned...Ch. 5.2 - Find the compound amount and the interest earned...Ch. 5.2 - Prob. 13ECh. 5.2 - Prob. 14ECh. 5.2 - Prob. 15ECh. 5.2 - Prob. 16ECh. 5.2 - Prob. 17ECh. 5.2 - Prob. 18ECh. 5.2 - Find the interest rate (with annual compounding)...Ch. 5.2 - Prob. 20ECh. 5.2 - Find the interest rate (with annual compounding)...Ch. 5.2 - Prob. 22ECh. 5.2 - Find the compound amount and the interest earned...Ch. 5.2 - Prob. 24ECh. 5.2 - Prob. 25ECh. 5.2 - Find the compound amount and the interest earned...Ch. 5.2 - Prob. 27ECh. 5.2 - Prob. 28ECh. 5.2 - Prob. 29ECh. 5.2 - Prob. 30ECh. 5.2 - Find the APY corresponding to the given nominal...Ch. 5.2 - Prob. 32ECh. 5.2 - Prob. 33ECh. 5.2 - Prob. 34ECh. 5.2 - Find the present value of the given future...Ch. 5.2 - Find the present value of the given future...Ch. 5.2 - Find the present value of the given future...Ch. 5.2 - Prob. 38ECh. 5.2 - Prob. 39ECh. 5.2 - Prob. 40ECh. 5.2 - Prob. 41ECh. 5.2 - Prob. 42ECh. 5.2 - Prob. 43ECh. 5.2 - Prob. 44ECh. 5.2 - Finance For Exercises 43 and 44, assume an annual...Ch. 5.2 - Prob. 46ECh. 5.2 - Prob. 47ECh. 5.2 - Finance For Exercises 43 and 44, assume an annual...Ch. 5.2 - Prob. 49ECh. 5.2 - Prob. 50ECh. 5.2 - 51. Lora Reilly has inherited $10,000 from her...Ch. 5.2 - 52. Which of these 20-year zero-coupon bonds will...Ch. 5.2 - 53. As the prize in a contest, you are offered...Ch. 5.2 - Prob. 54ECh. 5.2 - Prob. 55ECh. 5.2 - Prob. 56ECh. 5.2 - Prob. 57ECh. 5.2 - Prob. 58ECh. 5.2 - 59. A company has agreed to pay $2.9 million in 5...Ch. 5.2 - Prob. 60ECh. 5.2 - Prob. 61ECh. 5.2 - 62. If inflation is 2.4% per year and a washing...Ch. 5.2 - Prob. 63ECh. 5.2 - Prob. 64ECh. 5.2 - Economics Use the approach in Example 8 to find...Ch. 5.2 - Prob. 66ECh. 5.2 - 67. The consumption of electricity has increased...Ch. 5.2 - Prob. 68ECh. 5.2 - Prob. 69ECh. 5.2 - Prob. 70ECh. 5.2 - Prob. 71ECh. 5.2 - Prob. 72ECh. 5.3 - Checkpoint 1
Complete these steps for an annuity...Ch. 5.3 - Prob. 2CPCh. 5.3 - Prob. 3CPCh. 5.3 - Prob. 4CPCh. 5.3 - Prob. 5CPCh. 5.3 - Checkpoint 6
(a) Ms. Black deposits $800 at the...Ch. 5.3 - Note: Unless stated otherwise, all payments are...Ch. 5.3 - Prob. 2ECh. 5.3 - Prob. 3ECh. 5.3 - Prob. 4ECh. 5.3 - Prob. 5ECh. 5.3 - Prob. 6ECh. 5.3 - Find the future value of the ordinary annuities...Ch. 5.3 - Prob. 8ECh. 5.3 - Find the final amount (rounded to the nearest...Ch. 5.3 - Prob. 10ECh. 5.3 - Prob. 11ECh. 5.3 - Find the final amount (rounded to the nearest...Ch. 5.3 - Find the amount of each payment to be made into a...Ch. 5.3 - Prob. 14ECh. 5.3 - Prob. 15ECh. 5.3 - Find the amount of each payment to be made into a...Ch. 5.3 - Find the amount of each payment to be made into a...Ch. 5.3 - Prob. 18ECh. 5.3 - Find the interest rate needed for the sinking fund...Ch. 5.3 - Prob. 20ECh. 5.3 - Prob. 21ECh. 5.3 - Find the interest rate needed for the sinking fund...Ch. 5.3 - Prob. 23ECh. 5.3 - Prob. 24ECh. 5.3 - Prob. 25ECh. 5.3 - Prob. 26ECh. 5.3 - Prob. 27ECh. 5.3 - Prob. 28ECh. 5.3 - Prob. 29ECh. 5.3 - Prob. 30ECh. 5.3 - Prob. 31ECh. 5.3 - Prob. 32ECh. 5.3 - Prob. 33ECh. 5.3 - Prob. 34ECh. 5.3 - Prob. 35ECh. 5.3 - Prob. 36ECh. 5.3 - Prob. 37ECh. 5.3 - Prob. 38ECh. 5.3 - Prob. 39ECh. 5.3 - Prob. 40ECh. 5.3 - Prob. 41ECh. 5.3 - Prob. 42ECh. 5.3 - 43. A mother opened an investment account for her...Ch. 5.3 - Prob. 44ECh. 5.3 - Prob. 45ECh. 5.3 - Prob. 46ECh. 5.3 - 47. David Horwitz needs $10,000 in 8...Ch. 5.3 - 48. Harv’s Meats knows that it must buy a new...Ch. 5.3 - 49. Barbara Margolius wants to buy a $24,000 car...Ch. 5.3 - Prob. 50ECh. 5.3 - 51. Diane Gray sells some land in Nevada. She will...Ch. 5.3 - Prob. 52ECh. 5.3 - 53. To save for retirement, Karla Harby put $300...Ch. 5.3 - Prob. 54ECh. 5.3 - Prob. 55ECh. 5.3 - Prob. 56ECh. 5.4 - Prob. 1CPCh. 5.4 - Prob. 2CPCh. 5.4 - Prob. 3CPCh. 5.4 - Prob. 4CPCh. 5.4 - Prob. 5CPCh. 5.4 - Prob. 6CPCh. 5.4 - Prob. 7CPCh. 5.4 - Prob. 8CPCh. 5.4 - Prob. 1ECh. 5.4 - Prob. 2ECh. 5.4 - Find the present value of each ordinary annuity....Ch. 5.4 - Find the present value of each ordinary annuity....Ch. 5.4 - Find the present value of each ordinary annuity....Ch. 5.4 - Find the present value of each ordinary annuity....Ch. 5.4 - Find the amount necessary to fund the given...Ch. 5.4 - Find the amount necessary to fund the given...Ch. 5.4 - Find the amount necessary to fund the given...Ch. 5.4 - Find the amount necessary to fund the given...Ch. 5.4 - Prob. 11ECh. 5.4 - Find the payment made by the ordinary annuity with...Ch. 5.4 - Prob. 13ECh. 5.4 - Find the payment made by the ordinary annuity with...Ch. 5.4 - Prob. 15ECh. 5.4 - Prob. 16ECh. 5.4 - Prob. 17ECh. 5.4 - Prob. 18ECh. 5.4 - Prob. 19ECh. 5.4 - Prob. 20ECh. 5.4 - Prob. 21ECh. 5.4 - Prob. 22ECh. 5.4 - Prob. 23ECh. 5.4 - Prob. 24ECh. 5.4 - Find the payment necessary to amortize each of the...Ch. 5.4 - Prob. 26ECh. 5.4 - Prob. 27ECh. 5.4 - Prob. 28ECh. 5.4 - Find the payment necessary to amortize each of the...Ch. 5.4 - Find the payment necessary to amortize each of the...Ch. 5.4 - Prob. 31ECh. 5.4 - Prob. 32ECh. 5.4 - Prob. 33ECh. 5.4 - Prob. 34ECh. 5.4 - Prob. 35ECh. 5.4 - Prob. 36ECh. 5.4 - Prob. 37ECh. 5.4 - Prob. 38ECh. 5.4 - Prob. 39ECh. 5.4 - Prob. 40ECh. 5.4 - Prob. 41ECh. 5.4 - Prob. 42ECh. 5.4 - Prob. 43ECh. 5.4 - Prob. 44ECh. 5.4 - Prob. 45ECh. 5.4 - Prob. 46ECh. 5.4 - Prob. 47ECh. 5.4 - Prob. 48ECh. 5.4 - Finance Work the following applied problems.
49. A...Ch. 5.4 - Prob. 50ECh. 5.4 - Finance A student education loan has two repayment...Ch. 5.4 - Finance A student education loan has two repayment...Ch. 5.4 - Finance Use the formula for the approximate...Ch. 5.4 - Prob. 54ECh. 5.4 - Finance Use the formula for the approximate...Ch. 5.4 - 56. Mohsen Manouchehri will purchase a $230,000...Ch. 5.4 - Prob. 57ECh. 5.4 - Prob. 58ECh. 5.4 - Prob. 59ECh. 5.4 - Prob. 60ECh. 5.4 - Prob. 61ECh. 5.4 - Prob. 62ECh. 5.4 - Prob. 63ECh. 5.4 - Prob. 64ECh. 5.4 - Prob. 65ECh. 5.4 - Prob. 66ECh. 5 - Prob. 1CECh. 5 - Prob. 2CECh. 5 - Prob. 3CECh. 5 - Prob. 4CECh. 5 - Prob. 5CECh. 5 - Prob. 6CECh. 5 - Prob. 1EPCh. 5 - Prob. 2EPCh. 5 - Find the simple interest for the following...Ch. 5 - Find the simple interest for the following...Ch. 5 - Find the simple interest for the following...Ch. 5 - Find the simple interest for the following...Ch. 5 - Find the semiannual (simple) interest payment and...Ch. 5 - Prob. 6RECh. 5 - Find the maturity value for each simple interest...Ch. 5 - Find the maturity value for each simple interest...Ch. 5 - Prob. 9RECh. 5 - Find the present value of the given future...Ch. 5 - Find the present value of the given future...Ch. 5 - Prob. 12RECh. 5 - Find the present value of the given future...Ch. 5 - Find the present value of the given future...Ch. 5 - Find the compound amount and the amount of...Ch. 5 - Find the compound amount and the amount of...Ch. 5 - Find the compound amount and the amount of...Ch. 5 - Find the compound amount and the amount of...Ch. 5 - Find the amount of compound interest earned by...Ch. 5 - Prob. 20RECh. 5 - Prob. 21RECh. 5 - Prob. 22RECh. 5 - Prob. 23RECh. 5 - Find the APY corresponding to the given nominal...Ch. 5 - Find the present value of the given amounts at the...Ch. 5 - Find the present value of the given amounts at the...Ch. 5 - Find the present value of the given amounts at the...Ch. 5 - Find the present value of the given amounts at the...Ch. 5 - Find the price that a purchaser should be willing...Ch. 5 - Prob. 30RECh. 5 - Prob. 31RECh. 5 - Prob. 32RECh. 5 - Find the future value of each annuity.
33. $4000...Ch. 5 - Find the future value of each annuity.
34. $233...Ch. 5 - Find the future value of each annuity.
35. $672...Ch. 5 - Find the future value of each annuity.
36. $11,900...Ch. 5 - Prob. 37RECh. 5 - Prob. 38RECh. 5 - Find the amount of each payment that must be made...Ch. 5 - Prob. 40RECh. 5 - Find the amount of each payment that must be made...Ch. 5 - Prob. 42RECh. 5 - Find the present value of each ordinary...Ch. 5 - Find the present value of each ordinary...Ch. 5 - Find the present value of each ordinary...Ch. 5 - Find the amount necessary to fund the given...Ch. 5 - Find the amount necessary to fund the given...Ch. 5 - Find the amount necessary to fund the given...Ch. 5 - Find the payment for the ordinary annuity with the...Ch. 5 - Find the payment for the ordinary annuity with the...Ch. 5 - Find the payment for the ordinary annuity with the...Ch. 5 - Find the payment for the ordinary annuity with the...Ch. 5 - Find the amount of the payment necessary to...Ch. 5 - Find the amount of the payment necessary to...Ch. 5 - Find the monthly house payments for the given...Ch. 5 - Prob. 56RECh. 5 - Find the monthly house payments for the given...Ch. 5 - Prob. 58RECh. 5 - Prob. 59RECh. 5 - Prob. 60RECh. 5 - Prob. 61RECh. 5 - Prob. 62RECh. 5 - Finance Work the following applied...Ch. 5 - Prob. 64RECh. 5 - Finance Work the following applied...Ch. 5 - Prob. 66RECh. 5 - Finance Work the following applied...Ch. 5 - Finance Work the following applied...Ch. 5 - Finance Work the following applied problems.
69. A...Ch. 5 - Finance Work the following applied...Ch. 5 - 71. In 3 years, Ms. Nguyen must pay a pledge of...Ch. 5 - 72. To finance the $15,000 cost of their kitchen...Ch. 5 - 73. To expand her business, the owner of a small...Ch. 5 - 74. The Fix family bought a house for $210,000....Ch. 5 - 75. Over a 20-year period, the class A Shares of...Ch. 5 - 76. Dan Hook deposits $400 a month to a retirement...Ch. 5 - Prob. 77RECh. 5 - 78. Eileen Gianiodis wants to retire on $75,000...
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