Solutions for Practical Business Math Procedures
Problem 1PQ:
Write in verbal form:
7,948
48,775
814,410,335,414
Problem 3PQ:
Kellogg’s reported its sales as five million, one hundred eighty-one thousand dollars. The company...Problem 1EPQ:
Write in verbal form:
8,682
56,295
732,310,444,888
Problem 3EPQ:
Kellogg’s reported its sales as three million, two hundred ninety-one thousand dollars. The company...Problem 2AH:
Write in numeric form:
Eighty thousand, two hundred eighty-one ________
Fifty-eight thousand, three...Problem 3AH:
Round the following numbers:
To the nearest ten:
76 ____ 379 ____ 855 ____ 5,981 ____ 206 ____
To...Problem 4AH:
Round off each number to the nearest ten, nearest hundred, nearest thousand, and round all the way....Problem 6AH:
Gim Smith was shopping for an Apple computer. He went to three different websites and found the...Problem 7AH:
Amy Parker had to write a check at the bookstore when she purchased her books for the new semester....Problem 8AH:
Matt Schaeffer was listening to the news and heard that steel production last week was one million,...Problem 9AH:
Jackie Martin is the city clerk and must go to the aldermen’s meetings and take notes on what is...Problem 10AH:
A government survey revealed that 25,963,400 people are employed as office workers. To show the...Browse All Chapters of This Textbook
Chapter 1 - Whole Numbers: How To Dissect And Solve Word ProblemsChapter 1.1 - Reading, Writing, And Rounding Whole NumbersChapter 1.2 - Adding And Subtracting Whole NumbersChapter 1.3 - Multiplying And Dividing Whole NumbersChapter 2 - FractionsChapter 2.1 - Types Of Fractions And Conversion ProceduresChapter 2.2 - Adding And Subtracting FractionsChapter 2.3 - Multiplying And Dividing FractionsChapter 3 - DecimalsChapter 3.1 - Rounding Decimals; Fraction And Decimal Conversions
Chapter 3.2 - Adding, Subtracting, Multiplying, And Dividing DecimalsChapter 4 - BankingChapter 4.1 - The Checking AccountChapter 4.2 - Bank Statement And Reconciliation Process; Latest Trends In Mobile BankingChapter 5 - Solving For The Unknown: A How-to Approach For Solving EquationsChapter 5.1 - Solving Equations For The UnknownChapter 5.2 - Solving Word Problems For The UnknownChapter 6 - Percents And Their ApplicationsChapter 6.1 - ConversionsChapter 6.2 - Application Of Percents-portion FormulaChapter 7 - Discounts: Trade And CashChapter 7.1 - Trade Discounts-single And Chain (includes Discussion Of Freight)Chapter 7.2 - Cash Discounts, Credit Terms, And Partial PaymentsChapter 8 - Markups And Mardowns: Perishables And Breakeven AnalysisChapter 8.1 - Markups Based On CostChapter 8.2 - Markups Based On Selling PriceChapter 8.3 - Markdowns And PerishablesChapter 8.4 - Breakeven AnalysisChapter 9 - PayrollChapter 9.1 - Calculating Various Types Of Employees' Gross PayChapter 9.2 - Computing Payroll Deductions For Employees' Pay; Employees' ResponsibilitiesChapter 10 - Simple InterestChapter 10.1 - Calculation Of Simple Interest And Maturity ValueChapter 10.2 - Finding Unknown In Simple Interest FormulaChapter 10.3 - U.s. Rule-making Partial Note Payments Before Due DateChapter 11 - Promissory Notes, Simple Discount Notes, And The Discount ProcessChapter 11.1 - Structure Of Promissory Notes; The Simple Discount NoteChapter 11.2 - Discounting On Interest-bearing Note Before MaturityChapter 12 - Compound Interest And Present ValueChapter 12.1 - Compound Interest (future Value)-the Big PictureChapter 12.2 - Present Value-the Big PictureChapter 13 - Annuities And Sinking FundsChapter 13.1 - Annuities: Ordinary Annuity And Annuity Due (find Future Value)Chapter 13.2 - Present Value Of An Ordinary Annuity (find Presnt Value)Chapter 13.3 - Sinking Fluids (find Periodic Payments)Chapter 14 - Installment BuyingChapter 14.1 - Cost Of Installment BuyingChapter 14.2 - Revolving Charge Credit CardsChapter 15 - The Cost Of Home OwnershipChapter 15.1 - Types Of Mortgages And The Monthly Mortgage PaymentChapter 15.2 - Amortization Schedule-report For A Specific Period Of TimeChapter 16 - How To Read, Analyze, And Interpret Financial ReportsChapter 16.1 - Balance Sheet-report As Of A Particular DateChapter 16.2 - Income Statement-report For A Specific Period Of TimeChapter 16.3 - Trend And Ratio AnalysisChapter 17 - DepreciationChapter 17.1 - Concept Of Depreciation And The Straight-line MethodChapter 17.2 - Units-of-production MethodChapter 17.3 - Declining-balance MethodChapter 17.4 - Modified Accelerated Cost Recovery System (macrs) With Introduction To Acrs (1986, 1989, 2010)Chapter 18 - Inventory And OverheadChapter 18.1 - Assigning Costs To Ending Inventory-specific Ientification; Weighted Average; Fifo; LifoChapter 18.2 - Retail Method: Gross Profit Method; Inventory Turnover; Distribution Of OverheadChapter 19 - Sales, Excise, And Property TaxesChapter 19.1 - Sales And Excise TaxesChapter 19.2 - Property TaxChapter 20 - Life, Fire, And Auto InsuranceChapter 20.1 - Life InsuranceChapter 20.2 - Fire InsuranceChapter 20.3 - Auto InsuranceChapter 21 - Stocks, Bonds, And Mutual FundsChapter 21.1 - StocksChapter 21.2 - BondsChapter 21.3 - Mutual FundsChapter 22 - Business StatisticsChapter 22.1 - Mean, Median, And ModeChapter 22.2 - Frequency Distributions And GraphsChapter 22.3 - Measures Of Dispersion (optional)
Book Details
The Twelfth Edition of Practical Business Math Procedures provides students with an engaging and personalized way to learn, therefore leading to success in the classroom and beyond. Respected authors, Jeffrey Slater and Sharon Wittry, incorporate examples from the Wall Street Journal and Kiplinger throughout the entirety of the text to reinforce real-world application of business math. Every chapter concludes with the Surf to Save exercises, which encourage students to apply the chapter material to their own lives while utilizing the Internet’s abundant resources.
Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.
Sample Solutions for this Textbook
We offer sample solutions for Practical Business Math Procedures homework problems. See examples below:
Procedure used: Adding whole numbers Step 1. Align the numbers to be added in columns according to...Definition used: Proper fraction: “A proper fraction has a value less than 1. The proper fraction...The given number is 9.4758. Use the place value table to find the decimal notation of the given...The given data is as follows: DateCheck NumberParticularsAmountJuly 7Check No. 959AT + T$143.50July...Result used: Opposite process rule: “If an equation indicates a process such as addition,...Procedure used: “Converting decimals to percents: Step 1: Move the decimal point two places to the...Given: The list price is $799. The chain discount is 3/1. Formula used: Trade discount amount=List...Formula used: The basic selling price formula is given by, Selling price(S)=Cost(C)+Markup(M). The...Given: The working hours of Pete Paul in Monday is 11. The working hours of Pete Paul in Tuesday is...
Given: The principal amount (P) is $7,800. The rate of interest (R) is 414% and time (T) is 18...Formula used: Maturity value=Face value(principal)+InterestBank discount=Maturity value×Bank...Formula used: No. of periods=No. of years×No. of times the Interest is compounded per year......(1)...Procedure used: Calculating future value of an ordinary annuity by table lookup: 1 Firstly,...Formula used: Amount financed is calculated as, Amount financed=Cash price−Down payment. Total of...Formula used: Amount of mortgage is calculated as, Amount of mortgage=Total cost−Down payment....“Write the given data in tabular form as follows.” ParticularsAmount ($)Merchandise...The data are as given below: Given that the cost of Honda Accord hybrid is $32,900, residual value...Tabulate the given data as shown below. DateUnits purchasedUnit costTotal costMarch 115 Xbox’s...Given: The retail selling price is $750. The sales tax and excise tax rates are 6% and 10%...Given: Amount of coverage (face value of policy) is $100,000, age and sex of insured person is 39...It is given that the number of shares =400. Cost per share =$55.80 Cost of purchasing 400 shares at...Given: The data set is 7, 8, 10, 6. Formula used: Formula for mean is given by, Mean=Sum of all...
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