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## FDMATH 108- Unit 4C Practice Problems

by: Morgan Thompson

14

0

3

# FDMATH 108- Unit 4C Practice Problems FDMAT 108

Marketplace > Brigham Young University - Idaho > Applied Mathematics > FDMAT 108 > FDMATH 108 Unit 4C Practice Problems
Morgan Thompson
BYU-I
GPA 3.5

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Here's a little bit more practice for unit 4c. Goodluck!
COURSE
Math for the Real World
PROF.
Alyssa Allsop
TYPE
Class Notes
PAGES
3
WORDS
CONCEPTS
unit, 4c, practice, Problems
KARMA
25 ?

## Popular in Applied Mathematics

This 3 page Class Notes was uploaded by Morgan Thompson on Saturday April 23, 2016. The Class Notes belongs to FDMAT 108 at Brigham Young University - Idaho taught by Alyssa Allsop in Spring 2016. Since its upload, it has received 14 views. For similar materials see Math for the Real World in Applied Mathematics at Brigham Young University - Idaho.

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Date Created: 04/23/16
4C Practice Problems­ Worked Out 12×3.5 1+ .02 −1 A=350× [( )12 ] ¿\$15,214 1. .02   12 12×45 [(+ .052) −1] 2. A=350× 12   ¿\$ 710,386 .0525 12 3. Principal=32545×12)   ¿\$175,500 Interest=710,386−175,500=\$ 534,886 4. 12×40 1+.06 −1 A=350× [ )12 ]=\$89,617 5.   .06 12 6. Yes, you can reach your goal of \$70,000 .0375 ( 12 7. PMT=40,000× .03752×18 =\$130 [(+ 12 ) −1 ] .08 PMT=22,000× ( 4 =\$905 8. .084×5 [ ) 4 −1 ] 60,000 .065 9. .065 =.065×total balance=\$923,077 .065 PMT=923,077× (12 =\$204 10. 1+.06512×−1 [( 12 ) ] totalreturn=0−850×100=−14.1 11. 850 730 4 12. annualretur(850 −1=−3.7 13. .0550 A=350× ( 12 =\$29,775.69≫Chris a. .0550 12×6 [1+ 12 ) −1] .0550 A=4,200× ( 12 =\$28,929.81≫Justin b.    .055012×6 [(+ 12 ) −1 ] 14. \$846 more>> Chris 15. PurchasingPower=600,0033\$265,622 (1+.02) 16. 12×35 a. A=1100× 1+ .07 =\$12,656. 77 ( )12 12×35 1+ .07 −1 A=100× [( )12 =\$180,105. b. .07 46 12 c. \$180,105.46+\$12,656.77=\$192,762

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