Question: Matt has two single accounts at Midtown

> How can @12.70 be interpreted? PG [email protected] BAC [email protected] DIS 2.55K @95.31V1.08 K [email protected]

> In the spreadsheet, the prompts for entering data are in column A. The user enters the data in column B a. Write the spreadsheet formula that will calculate the skid distance in cell B9. b. Write the spreadsheet formula that will calculate the minimu

> A company is interested in producing and selling a new device called an eyePOD (eyewear personal optical device). The eyePOD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch video

> Winnie purchased a new car for $54,000. She has determined that it straight line depreciates to zero over 10 years. When she purchased the car, she made an $8,000 down payment and financed the rest with a 4-year loan at 4.875%. You can use the monthly pa

> Greenyard’s manufactures and sells yard furniture made out of recycled materials. The company is considering making a lawn chair from recycled aluminum and fabric. The expense and revenue functions are E = -1,850 + 800,000 and R = -100p2 + 20,000. a. De

> A company is interested in producing and selling a new device called an eyePOD (eyewear personal optical device). The eyePOD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch video

> A company is interested in producing and selling a new device called an eyePOD (eyewear personal optical device). The eyePOD is an MP3 and video player built into a pair of sunglasses. The user can listen to music from the small earphones and watch video

> Esteban’s employer offers a pension plan that calculates the annual pension as the product of the final average salary, the number of years of service, and a 2% multiplier. His employer uses a graded vesting formula according to the schedule shown. Esteb

> An energy-efficient refrigerator costs $1,600. It has an expected annual electricity cost of $100. a. Set up an expense function A(x) to represent the cost of owning and operating this refrigerator over a period of x years. b. Suppose a second, less e

> Damon and Kisha have each set up three savings accounts: “Vacation Savings,” “Student Loan Savings,” and “Taxes Savings.” Examine their savings bu

> What is the debt-to-income ratio for a person who has monthly liabilities equal to x dollars and an annual income equal to y dollars?

> Kalani has these monthly liabilities: rent $879, car payment $315, credit card payment $102. She has an annual income of $96,448. What is her debt-to income ratio, expressed as a percent?

> Use the Power Property of logarithms to determine the value of each expression below. In some cases, there will be a numerical answer. In others the answer will be an algebraic expression. a. log (103) b. log (rs) c. log2 x3 d. ln e4 e. ln xy

> Abram’s monthly liabilities equal $2,400 and his monthly assets are $6,800. What is his debt-to-income ratio, expressed as a percent?

> The information at the left is entered in a spreadsheet. Write a spreadsheet formula that will calculate the net worth.

> A cable TV/Internet/phone provider charges new customers $90 for all three services, per month, for the first year under their 90 NOW promotion. Alice normally pays $59 for her monthly home phone service, $49 for Internet service, and $69 for cable telev

> The original price of a car is entered into spreadsheet cell A1 and the annual depreciation amount in cell B1. a. Write the spreadsheet formula to determine the number of years it will take for the car to totally depreciate. b. The spreadsheet user is

> Phone-Phriends charges $44 for a cell phone plan with unlimited text and talk and 3GB of data usage per month. Each gigabyte, or part thereof, over the 3GB costs $16. Find the difference in the monthly bill between using 5.9GB of data and 6.1GB of data.

> Jackson purchased $5,200 worth of electronic equipment from Better Buy on their deferred payment plan. The plan allows the customer to make no down payment and no payment at all for 5 months. If the entire amount is paid in full before the 5-month deferm

> Jillian’s cell phone plan costs $55 per month, and includes 4GB of data usage. Each extra gigabyte, or part thereof, costs $15. Express the cost c(x) of using xGB in a billing period as a piecewise function using the greatest integer function.

> The Seinfeld family pays m dollars per month for electricity under balanced billing. At the end of the year, they had used less electricity than the balanced billing covered, and the utility company owed them a credit of c dollars. Express their total el

> Create a frequency budget plan for Nelson. Although his groceries, gasoline, dining-out, and entertainment expenses were listed as monthly for the cash flow, they should be considered as weekly expenses here. Round the weekly amount up to the nearest dol

> Use a cash flow spreadsheet (See Example 1 on page 691) to construct a cash flow plan for Nelson. What is his monthly cash flow? Nelson's Financial Report Income Musician, monthly after-tax income: $7,000 Music lessons, monthly after-tax income: $1,

> Read the quote at the beginning of this section. Interpret the quote in terms of what you have learned about investing in interest-bearing accounts.

> Under her “Dinner” budget category, Diane allocated $600 per month for eating in and dining out. She figures that eating in will cost her approximately $8 and dining out will cost her approximately $24. Let x represent the number of dinners eaten in, and

> The circle graph shows a monthly utility budget. a. Suppose that $800 was budgeted for the month. Determine the exact amount for each category. b. Suppose that $117 was budgeted for water. What would be the amount budgeted for cell phone usage? c. Supp

> Leonard works as a waiter in an upscale city restaurant. He makes a very good salary plus tips. His monthly income varies based on the nights he works. His quarterly dividend checks and interest income have varied but not by a large amount. He used actua

> Marissa’s Beauty Salon has six hair dryers that each require 500 watts when switched on. How much would it cost to run all six dryers for 7 hours, at a cost of $0.15 per kWh? Round to the nearest cent.

> The original price of a car is entered into spreadsheet cell A1 and the length of time in years it takes to totally depreciate is entered into cell B1. a. Write the spreadsheet formula that calculates the amount that the car depreciates each year. b. T

> Kings Park Water Works uses water meters that measure water usage in ccf. They charge $0.18 per ccf of water. If Jack’s previous meter reading was 34,765 ccf and his present water reading is 36,900 ccf, what was his water bill for the service period?

> Jessica pays health, car, home, and life insurance over the course of a year. The chart below indicates her monthly insurance budget expenses. Create a bar graph to chart these expenses. Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 250 200 300 20

> The Secret Service has drastically reduced the occurrences of counterfeit money since the Civil War. Nevertheless, the problem still exists. In 2015 it was reported that $1.36 trillion in U.S. bills were in circulation. It was estimated that 0.25% of tha

> There are billions of credit cards in use today. Imagine a pile of 1.5 billion credit cards. How far would they stretch end-to-end? 1. A credit card’s length is 85.6 mm. Convert this length to inches using an online metric conversion table. Round to the

> Dani deposited $20,000 into an account that compounds interest monthly at a rate of 1.26%. His plan is to use the account to make direct withdrawals each month of $800 to pay his rent. How many months of rent will he be able to pay until the account gets

> You own k shares of a stock that is selling for x dollars per share. The quarterly dividend is y dollars per share. a. Express the annual dividend for one share algebraically. b. Express the annual dividend for all k shares algebraically. c. Express the

> Ellen wants to make quarterly deposits of $1000 into a savings account that offers 1.4% interest compounded quarterly. How long will it take for the balance to grow to $15,000?

> Dennis won $96,000 in a lottery. He decided to deposit the money into an account that pays 1.8% interest, compounded monthly. When the balance reaches $120,000, he plans to buy a beach cottage. How long will it take before he can make that withdrawal?

> Tom wants to have $50,000 saved sometime in the future. How much must he deposit every month into an account that pays 1.45% interest, compounded monthly? Use a graphing calculator to graph the present value function.

> Use a table of increasing values of x to find each of the following limits. If no limit exists, say the limit is undefined. 9x - 1 a. lim f(x) if f(x) = %3D Зх — 5 Зx2 + 9х b. lim g(x) if g(x) = 4х + 1 7x c. limh(x) if h(x) = x? - 41

> Jazmine needs $30,000 to pay off a loan at the end of 5 years. How much must she deposit monthly into a savings account that yields 1.15% interest, compounded monthly?

> A car is originally worth $34,450. It takes 13 years for this car to totally depreciate. a. Write the straight line depreciation equation for this situation. b. How long will it take for the car to be worth half its value? c. How long will it take for

> Stephanie signed up for a direct deposit transfer into her savings account from her checking account. Every month $150 is withdrawn from her checking account. The interest in this account is at 1.6%, compounded monthly. How much will be in the account at

> Santos deposited $1,800 in an account that yields 2.1% interest, compounded semi-annually. How much is in the account after 54 months? Round to the nearest cent.

> Examine each of the following situations, labelled I, II, and III. Identify which of the three cases below applies. Do not solve the problems. I. future value of a single deposit investment II. future value of a periodic deposit investment III. pr

> Find the interest earned on a $25,000 deposit for 2 years at 4.7% interest, compounded continuously. Round to the nearest cent.

> Walt Disney Co paid a $1.42 annual dividend on a day it closed at a price of $96 per share. a. What was the annual dividend for 500 shares? b. What was the quarterly dividend for 500 shares? c. Express the yield as a fraction. d. What was the yield t

> Austin deposits $2,250 into a 1-year CD at an interest rate of 2.3%, compounded daily. a. What is the ending balance after the year? Round to the nearest cent. b. How much interest did the account earn during the year? c. What is the annual percentage

> How much more would $10,000 earn in 3 years compounded daily at 1.33%, than compounded semi-annually at 4.33%? Round to the nearest cent.

> Nick deposited $3,000 in a 3-year CD account that pays 4.08% interest, compounded weekly. What is the ending balance? Round to the nearest cent.

> Nine months ago Alexa deposited $7,000 in a 3-year CD. She has received $224.16 in interest. She withdraws $1,000. This is before the CD matures, so she pays a $250 penalty. What is her balance after the withdrawal?

> Ruth has a savings account at a bank that charges a $3.50 fee for every month her balance falls below $1,500. Her account has $1,722 and then she withdraws $400. What is her balance in 5 months if her account balance never reaches $1,500? Round to the ne

> How might those words apply to what you have learned in this lesson?

> Find the simple interest on a $2,219.00 principal, deposited for 6 years at a rate of 1.91%. Round to the nearest cent.

> Rebecca opened a savings account on March 20 with a $5,200 deposit. The account pays 3.99% interest, compounded daily. On March 21 she made a $700 deposit, and on March 22 she made a $500 withdrawal. Use this information to find the missing amounts. Roun

> Rhonda deposits $5,600 in a savings account that pays 1½% interest, compounded semi-annually. Round to the nearest cent. a. How much interest does the account earn in the first 6 months? b. What is the ending balance after 6 months? c. How much intere

> Jean owned x shares of a corporation and received a quarterly dividend check for y dollars. Express the annual dividend for one share algebraically.

> Ralph deposited $910 in an account that pays 1.75% simple interest for 3 years. Round to the nearest cent. a. How much interest did the account earn? b. What is the ending balance? c. How much interest did the account earn the first year? d. How much

> Use the check register from Exercise 1. It is now 1 month later, and the checking account statement has arrived. Does the account balance? Checking Account Statement Exercise 1: Go to www.cengage.com/financial_alg2e and download a blank check registe

> Go to www.cengage.com/financial_alg2e and download a blank check register. Add all of the following information to the check register. a. The balance on December 10 is $3,900.50. b. On December 11 check 1223 is written for $84.00 to the North Shore Hig

> Use the credit card statement and a blank credit card calendar. a. What is the total of all of the purchases made this billing cycle? b. What is the amount of total payments? c. What is sum of the daily balances? d. What is the average daily balance

> Kayla wants to take out a $7,500 loan with a 3.3% APR. She can afford to pay $128 per month for loan payments. a. What should be the length of her loan? Round to the nearest tenth of a year. b. What would an increase of $20 to the monthly payment do to

> Bill can afford a monthly payment of $475. He wants to take out a $20,000 loan at a 4.25% interest rate. What should the length of the loan be? Round your answer to the nearest year.

> The table lists the balances at the end of each year for a 15-year, $50,000 loan with an 8% interest rate. Year ………………………………………………………………………………………………. Balance 0 ………………………………………………………………………………………………. $50,000.00 1 ………………………………………………………………………………………………. $48,

> Irina’s credit card has an APR of 16.8%. She never pays her balance in full, so she always pays a finance charge. Her next billing cycle starts today. The billing period is 30 days. Today’s balance is $712.04. She is only going to use the credit card onc

> Examine the summary section of the monthly credit card statement. Use the first five entries to determine the new balance. Finance Charge New Balance Minimum Рayment Previous Payments / Credits New Late SUMMARY Balance Purchases Charge $421.36 $1,70

> Harold borrowed $8,000 for 5 years at an APR of 2.75%. a. What is Harold’s monthly payment? Round to the nearest cent. b. What is the total amount that Harold paid in monthly payments for the loan? c. What is the amount Harold will pay in finance char

> Mike owned 3,000 shares of CreeChurrs Corporation and received a quarterly dividend check for $1,140. What was the annual dividend for one share of CreeChurrs?

> What is the monthly periodic rate on a loan with an APR of 19.5%?

> Riel had an average daily balance of $415.22 on his May credit card statement. The bill showed that his APR was 21.6% and that his finance charge was $89.69. When he verified the finance charge, did he find that it was correct or incorrect? Explain.

> The finance charge on Lena’s credit card bill last month was $13.50. Her APR is 18%. What was her average daily balance?

> Michelle’s credit card billing cycle is 30 days. She had a daily balance of b dollars for d days. Then she charged one item for $56, and she made no more purchases for the rest of the month. There was no other activity on the credit card. Express her ave

> Kim’s credit card was not paid in full last month so she will pay a finance charge this month. She had an average daily balance of d dollars during this billing period, which had 31 days. The APR was p percent. a. Express the APR as an equivalent decima

> Blair had these daily balances on his credit card for his last billing period. He did not pay the card in full the previous month, so he will have to pay a finance charge. The APR is 18.6%. 2 days @ $331.98 11 days @ $1,203.04 4 days @ $996.71 13 day

> Juan purchased a tool set for t dollars on the installment plan. He made a 15% down payment and agreed to pay m dollars per month for the next y years. Express the finance charge algebraically.

> Ben has been accepted into a 2-year culinary arts program at the Greenfield Career Institute. He has been approved for a $5,000 unsubsidized 10-year federal loan at 4.29%. He knows he has the option of beginning repayment of the loan in 2.5 years. He als

> Laura deposits $10,000 into an account that compounds interest continuously at a rate of 2.2%. To the nearest tenth of a year, how long will it take her money to grow to $10,800?

> How might the quote by Baldwin apply to what you have learned in this section?

> A minivan is traveling at 80.5 kilometers per hour. Cargo is strapped to the roof at a height of 1.75 meters. The car hits a concrete barrier, and the cargo is ejected from the roof. Use the following two equations to determine how long it takes for the

> Cargo is tied with rope on the roof of a 4.5-foot-tall car. The car travels down a road at 40 mi/h and hits a concrete barrier and the rope snaps, allowing the cargo to propel forward. Find the time it takes for the cargo to hit the ground and the horizo

> Ghada works for an insurance company as an accident reconstruction expert. She measured a 52-ft chord from the outer rim of the yaw mark on the road surface. The middle ordinate measured x ft in length. The drag factor of the road surface was determined

> Talia bought a $5,000 Pelts Corp bond. The bond pays 5.95% annual interest. How much will Talia receive in interest if she holds the bond for 11 years?

> Express the average daily balance algebraically given this set of daily balances. x days @ y dollars w days @ d dollars r days @ q dollars m days @ p dollars

> Stock in the Happy’s Burger chain was selling for $54.24 per share, and it was paying a $2.46 annual dividend. It underwent a 3-for-1 split. a. What was the new price of one share after the split? b. If you owned 200 shares before the split, how many s

> Sascha owns stock in Lewis Corp, and she bought a $1,000 corporate bond. The bond pays 6.34% annual interest. a. How much will Sascha receive in annual interest? b. How much will Sascha receive in interest if she holds the bond for 14 years? c. Sascha

> The Zeescore Corporation pays an annual dividend of $2 per share. On Wednesday it closed at $61 per share with a net change of 20.85. The dividend remained at $2 for a year. a. What was the yield on Wednesday? Round to the nearest tenth of a percent. b

> Revreg Corp pays an annual dividend of $1.60 per share. On Friday it closed at $44 per share with a net change of 10.35. The dividend did not change. a. What was the yield on Friday? Round to the nearest tenth of a percent. b. At what price did Revreg

> Determine the values of a, b, and c in the following matrix equation. 3 4 а 2 b 5 с 1 8 2 34 4 30 52 ||

> A share of Southside stock sold for $37. The annual dividend is $1.85. Three years later the stock has increased 17% in value and the dividend has increased 5%. a. What is the price per share 3 years later? b. What is the dividend 3 years later? Round

> A political polling company has been assigned to survey local voters a week before the upcoming election. The company will need to hire interviewers and statisticians for the job. Statisticians make $1,200 per week and interviewers make $800 per week. Th

> Greenfield Industries produces rotors for manufacturers in Hartford, Connecticut, and Des Moines, Iowa. Hartford needs at least 21 rotors, and Des Moines needs at least 40 rotors. Greenfield is able to produce and send at most 150 rotors to these two man

> Hi End Rugs manufactures silk and wool fiber rugs. Their warehouse has 2,400 lots of silk fiber and 1,800 lots of wool fiber available during the week of May 5 for production of their Premier and Elegant lines of carpets. A roll of Premier uses 40 lots o

> A financial manager wants to invest up to $400,000 of his client’s money in two investment plans. Plan A pays an annual interest rate of 6% and Plan B pays an annual interest rate of 8%. Although Plan B pays a higher interest rate, there is some risk inv

> Maribel was approved for a 7-year private student loan at 6.8% to cover her college costs of $10,900. a. Determine her monthly payment. Round to the nearest cent. b. What is the total amount she will pay back? c. What is the total interest amount?

> The quarterly dividend for Tiffany, a jewelry company, was $0.40 during the first quarter of 2016. What was the annual dividend for 2,000 shares at that time?

> Van Siclen Farms plants only corn and soybeans on their 4,000-acre fields. The corn yields a profit of $160 per acre, and the soybean profit is $340 per acre. This year the owners have decided to plant no more than 2,400 acres of corn and no more than 3,

> A group of college students are starting a small business called Custom Tech. They make customized cell phone and tablet cases. Their profits are $40 for the cell phone case and $60 for the tablet case. The process involves both design hours and manufact

> In each of the following, you are given an objective function and the vertices of a feasible region. Determine both the maximum and minimum values of the objective function as well as the point at which they occur. a. P = 11x + 15y (5, 9), (15, 15), (17

> The vertices of a feasible region are listed below. What is the minimum cost for the objective function C = 45x + 53y? a. (3, 7), (15, 20), (22, 20), (23, 5) b. (0, 9), (12, 8), (20, 9), (9, 0)

> The vertices of a feasible region are listed below. What is the maximum profit for the objective function / a. (0, 10), (0, 0), (20, 0) b. (1, 8), (2, 1), (8, 4), (10, 6)

> Use Nate’s matrix N from exercise 7b above. Nate knows that in the spring semester his tuition will increase by 5%, his supplies will decrease by 5%, his transportation will remain the same, his textbook costs will remain the same, and his fees will incr