Contemporary Business Mathematics with Canadian Applications 11th Edition

دانلود کتاب Contemporary Business Mathematics with Canadian Applications 11th Edition

Author: S. A. Hummelbrunner and Kelly Halliday

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The primary objective of the text is to increase the student’s knowledge and skill in the solution of practical financial and operational problems encountered in operating a business.

سرچ در وردکت | سرچ در گودریدز | سرچ در اب بوکز | سرچ در آمازون | سرچ در گوگل بوک

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The primary objective of the text is to increase the student’s knowledge and skill in the solution of practical financial and operational problems encountered in operating a business.   Contemporary Business Mathematics with Canadian Applications is a teaching text using problem-identification and problem-solving approaches. The systematic and sequential development of the material is illustrated by examples that show a step-by-step approach to solving the problem. The detailed solutions are presented in a visually clear and colourful layout that allows learners to monitor their own progress in the classroom or in independent study. Note: If you are purchasing an electronic version, MyMathLab does not come automatically packaged with it.

چکیده فارسی

هدف اصلی متن افزایش دانش و مهارت دانش آموز در حل مشکلات عملی مالی و عملیاتی است که در راه اندازی یک تجارت با آن مواجه می شوند. ریاضیات کسب‌وکار معاصر با برنامه‌های کاربردی کانادا یک متن آموزشی با استفاده از روش‌های شناسایی مسئله و حل مسئله است. توسعه سیستماتیک و متوالی مطالب با مثال هایی نشان داده شده است که رویکرد گام به گام برای حل مسئله را نشان می دهد. راه حل های دقیق در یک طرح بصری واضح و رنگارنگ ارائه شده است که به زبان آموزان اجازه می دهد تا پیشرفت خود را در کلاس درس یا مطالعه مستقل نظارت کنند. توجه: اگر نسخه الکترونیکی خریداری می‌کنید، MyMathLab به‌طور خودکار با آن بسته‌بندی نمی‌شود.

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Ebook details:
عنوان: Contemporary Business Mathematics with Canadian Applications Plus MyLab Math with Pearson eText -- Access Card Package (11th Edition)
نویسنده: S. A. Hummelbrunner and Kelly Halliday
ناشر: Pearson Canada (2017)
زبان: English
شابک: 0134568389, 978-0134568386
حجم: 213 Mb
فرمت: Image pdf with ocr

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Contemporary Business Mathematics with Canadian Applications Contemporary Business Mathematics with Canadian Applications Brief Contents Contents Preface Introduction Organization New to this Edition Comprehensive Case Studies Features Technology Resources Supplements Student’s Reference Guide to Rounding and Special Notations List of Formulas Study Card for Contemporary Business Mathematics with Canadian Applications, Eleventh Edition Part 1 Mathematics Fundamentals and Business Applications Chapter 1 Review of Arithmetic Learning Objectives Introduction 1.1 Basics of Arithmetic A. The basic order of operations Exercise 1.1 1.2 Fractions A. Common fractions B. Equivalent fractions Solution Solution Solution C. Converting common fractions into decimal form D. Converting mixed numbers to decimal form E. Rounding F. Complex fractions Exercise 1.2 1.3 Percent A. The meaning of percent B. Changing percents to common fractions C. Changing percents to decimals D. Changing decimals to percents E. Changing fractions to percents Exercise 1.3 1.4 Applications—Averages A. Basic problems Solution Solution B. Problems involving simple arithmetic average Solution Solution C. Weighted average Solution Solution Solution Solution Solution Exercise 1.4 1.5 Applications—Payroll A. Salaries Solution Solution Solution Solution B. Commission Solution Solution Solution C. Wages Method A Method B Solution Method A Method B Solution Method A Method B Exercise 1.5 1.6 Applications—Taxes A. Sales and service taxes 1. Goods and Services Tax (GST) Solution Solution 2. Provincial Sales Tax (PST) 3. Harmonized Sales Tax (HST) Solution Solution B. Property tax Solution Solution Exercise 1.6 MyMathLab Review Exercise Self-Test Challenge Problems Glossary Chapter 2 Review of Basic Algebra Learning Objectives Introduction 2.1 Simplification of Algebraic Expressions A. Addition and subtraction 1. Simplification Involving Addition and Subtraction 2. Simplification Involving Brackets B. Multiplication 1. Multiplication of Monomials 2. Multiplication of Monomials with Polynomials 3. Simplification Involving Brackets and Multiplication 4. Multiplication of a Polynomial by a Polynomial C. Division 1. Division of Monomials 2. Division of a Polynomial by a Monomial D. Substitution and evaluation Solution Solution Solution Solution Solution Solution Exercise 2.1 MyMathLab 2.2 Integral Exponents A. Basic concept and definition B. Numerical evaluation of powers with positive integral exponents 1. Evaluation When the Base Is a Positive Integer 2. Evaluation When the Base Is a Negative Integer 3. Evaluation When the Base Is a Common Fraction or Decimal C. Operations with powers 1. Multiplication of Powers 2. Division of Powers 3. Raising a Power to a Power 4. Power of a Product and Power of a Quotient D. Zero exponent E. Negative exponents Exercise 2.2 MyMathLab 2.3 Fractional Exponents A. Radicals Solution B. Fractional exponents Exercise 2.3 MyMathLab 2.4 Logarithms—Basic Aspects A. The concept of logarithm Solution B. Common logarithms C. Natural logarithms Solution D. Useful relationships Solution Exercise 2.4 MyMathLab 2.5 Solving Basic Equations A. Basic terms and concepts B. Solving equations using addition C. Solving equations using subtraction D. Solving equations using multiplication E. Solving equations using division F. Using two or more operations to solve equations G. Checking equations Exercise 2.5 MyMathLab 2.6 Solving Equations Involving Algebraic Simplification A. Solving linear equations involving the product of integral constants and binomials B. Solving linear equations containing common fractions C. Solving linear equations involving fractional constants and multiplication D. Formula rearrangement Exercise 2.6 MyMathLab 2.7 Solving Word Problems Solution Solution Solution Solution Solution Exercise 2.7 MyMathLab Review Exercise Self-Test Challenge Problems Summary of Formulas Glossary Chapter 3 Ratio, Proportion, and Percent Learning Objectives Introduction 3.1 Ratios A. Setting up ratios B. Reducing ratios to lowest terms Solution C. Equivalent ratios in higher terms Solution D. Allocation according to a ratio Solution Solution Solution Exercise 3.1 MyMathLab 3.2 Proportions A. Solving proportions Solution B. Problems involving proportions Solution Solution Solution Solution Exercise 3.2 MyMathLab 3.3 The Basic Percentage Problem A. Computing percentages B. Computation with commonly used percents Solution Solution Solution Solution C. Finding a rate percent Solution Solution Solution D. Finding the base Solution Solution Solution Solution E. Applications Solution Solution Solution Solution Exercise 3.3 MyMathLab 3.4 Problems Involving Increase or Decrease A. Percent change Solution Solution Solution B. Finding the rate of increase or decrease Solution Solution C. Finding the original amount Solution Solution Solution Solution Exercise 3.4 MyMathLab 3.5 Problems Involving Percent A. Summary of useful relationships B. Problems involving the computation of a rate percent Solution Solution Solution Solution C. Problems involving the basic percentage relationship Solution Solution Solution Solution Solution D. Problems of increase or decrease Solution Solution Solution Solution Solution Exercise 3.5 MyMathLab 3.6 Applications—Currency Conversions A. Using proportions Solution Solution Solution B. Using cross rate tables Solution Solution Exercise 3.6 MyMathLab 3.7 Applications—Index Numbers A. The nature of index numbers Solution B. The Consumer Price Index and its uses Solution Solution Exercise 3.7 MyMathLab 3.8 Applications—Personal Income Taxes Solution Exercise 3.8 MyMathLab Review Exercise Self-Test Challenge Problems Summary of Formulas Glossary Chapter 4 Linear Systems Learning Objectives Introduction 4.1 Algebraic Solution of Systems of Linear Equations in Two Variables A. Basic concept B. Solving a system of two linear equations by algebraic elimination Solution Solution C. Solving a system of two linear equations by algebraic substitution Solution D. Solving linear systems in two variables involving fractions Solution E. Systems of two linear equations with no solution or many solutions Solution Exercise 4.1 MyMathLab 4.2 Graphing Linear Equations A. Graphing in a system of rectangular coordinates Solution Solution B. Constructing a table of values Solution C. Graphing linear equations Solution D. Special cases—lines parallel to the axes (a) Lines Parallel to the X Axis Solution (b) Lines Parallel to the Y Axis Solution (c) The Axes E. The slope–y-intercept form of a linear equation Solution Solution Solution F. Special cases of the slope–y-intercept form of a linear equation 1. Lines Parallel to the X Axis 2. Lines Parallel to the Y Axis Exercise 4.2 MyMathLab 4.3 Graphing Linear Systems of Equations in Two Unknowns Solution Solution Solution Solution Solution Exercise 4.3 MyMathLab 4.4 Problem Solving A. Problems leading to one equation with two variables Solution Solution B. Problems leading to systems of equations Solution Solution Solution Solution Exercise 4.4 MyMathLab 4.5 Graphing Inequalities A. Basic concepts and method B. Graphing inequalities of the form ax + by > c and ax + by > c Solution C. Graphing inequalities of the form ax > by or ax < by Solution D. Graphing inequalities involving lines parallel to the axes Solution E. Graphing systems of linear inequalities Solution Solution Exercise 4.5 MyMathLab 4.6 Problem Solving A. Problems leading to one inequality in two variables Solution B. Problems leading to systems of linear inequalities in two variables Solution Review Exercise Self-Test Challenge Problems Summary of Formulas Formula 4.1 Glossary Part 1 Comprehensive Case Til Debt Do Us Part Part 2 Mathematics of Business and Management Chapter 5 Cost-Volume-Profit Analysis and Break-Even Learning Objectives Introduction 5.1 Cost-Volume-Profit Analysis and Break-Even Charts A. Cost-volume-profit analysis Cost-Volume-Profit Assumptions B. Break-even charts Solution Solution C. Computing break-even using formulas Solution Solution D. Calculating break-even when the unit prices and unit costs are unknown Solution Solution Solution Solution Exercise 5.1 MyMathLab 5.2 Contribution Margin and Contribution Rate A. Contribution margin Solution B. Contribution rate Solution Exercise 5.2 MyMathLab 5.3 Effects of Changes to Cost-Volume-Profit Solution Solution Solution Exercise 5.3 MyMathLab Review Exercise Self-Test Challenge Problems Summary of Formulas Glossary Chapter 6 Trade Discounts, Cash Discounts, Markup, and Markdown Learning Objectives Introduction 6.1 Determining Cost with Trade Discounts A. Computing discount amounts, discount rate, net price, and list price Solution Solution Solution B. The net price factor approach Solution Solution C. Discount series Solution D. Single equivalent rates of discount Solution Solution Check Solution Solution Exercise 6.1 MyMathLab 6.2 Payment Terms and Cash Discounts A. Basic concepts B. Ordinary dating Solution Solution Solution C. End-of-the-month dating Solution D. Receipt-of-goods dating Solution E. Partial payments and additional problems Solution Solution Solution Exercise 6.2 6.3 Markup A. Basic concepts and calculations Solution Solution Solution B. Rate of markup Solution C. Finding the cost or the selling price Solution Solution Solution Solution Solution Exercise 6.3 6.4 Markdown A. Pricing strategies B. Concepts and calculations Solution Solution Solution Solution Exercise 6.4 6.5 Integrated Problems Solution Solution Solution Solution Exercise 6.5 Review Exercise Self-Test Challenge Problems Summary of Formulas Glossary Chapter 7 Simple Interest Learning Objectives Introduction 7.1 Finding the Amount of Simple Interest A. Basic concepts and formula B. Matching r and t Solution Solution C. Computing the amount of interest Solution Solution Solution D. Using Excel’s ACCRINT Exercise 7.1 MyMathLab 7.2 Finding the Principal, Rate, or Time A. Formulas derived from the simple interest formula B. Finding the principal Solution Solution C. Finding the rate Solution D. Finding the time Solution Solution Solution Exercise 7.2 MyMathLab 7.3 Computing Future Value (Maturity Value) A. Basic concept Solution Solution Solution B. The future value formula S=P(1+rt) Solution Solution Exercise 7.3 MyMathLab 7.4 Finding the Principal (Present Value) A. Finding the principal when the maturity value (future value) is known Solution Solution Exercise 7.4 MyMathLab 7.5 Computing Equivalent Values A. Dated values B. Choosing the appropriate formula C. Finding the equivalent single payment Solution Solution Solution Solution D. Finding the value of two or more equivalent payments Solution Solution E. Loan repayments Solution Exercise 7.5 MyMathLab Review Exercise Self-Test Challenge Problems Summary of Formulas Glossary Chapter 8 Simple Interest Applications Learning Objectives Introduction 8.1 Promissory Notes A. Promissory notes and related terms Solution B. Maturity value of interest-bearing promissory notes Solution C. Present value of promissory notes Solution Solution Solution Solution D. Using Excel’s ACCRINTM Exercise 8.1 MyMathLab 8.2 Treasury Bills—Present Value Solution Solution Exercise 8.2 MyMathLab 8.3 Demand Loans Nature of demand loans Solution Solution Exercise 8.3 MyMathLab 8.4 Lines of Credit and Credit Card Loans Solution Solution Exercise 8.4 MyMathLab 8.5 Loan Repayment Schedules A. Purpose B. Construction of loan repayment schedules illustrated Solution C. Computer application—loan repayment schedule Exercise 8.5 MyMathLab Review Exercise Self-Test Challenge Problems Summary of Formulas Glossary Part 2 Comprehensive Case SportZ Ltd. 1. Chapter 5 –QUESTIONS 2. Chapter 6 –QUESTIONS 3.  Chapter 7–QUESTIONS 4. Chapter 8–QUESTIONS Part 3 Mathematics of Finance and Investment Chapter 9 Compound Interest—Future Value and Present Value Learning Objectives Introduction 9.1  Basic Concepts and Calculations A. Basic procedure for calculating compound interest B. The future value formula for compound interest C. Determining the periodic rate of interest Solution D. Determining the number of compounding periods in the term of an investment or loan Solution E. Setting up the compounding factor (1 + i )n Solution F. Calculating the numerical value of the compounding factor (1 + i )n Exercise 9.1 MyMathLab 9.2 Using the Future Value Formula of a Compound Amount FV=PV(1+i)n A. Finding the future value (maturity value) of an investment Solution Solution Solution B. Using preprogrammed financial calculators Using the Texas Instruments BA II Plus to Solve Compound Interest Problems Cash Flow Sign Convention for Entering Numerical Data Solution Solution Solution C. Using Excel’s FV or PV D. Applications involving changes in interest rate Solution Solution Solution Solution Exercise 9.2 MyMathLab 9.3 Present Value and Compound Discount A. The present value concept and related terms Solution B. The present value formula Solution Solution: C. Using preprogrammed financial calculators to find present value Solution Solution Exercise 9.3 MyMathLab 9.4 Application—Discounting Negotiable Financial Instruments at Compound Interest A. Discounting long-term promissory notes B. Discounting non-interest-bearing promissory notes Solution Solution C. Discounting interest-bearing promissory notes Solution Solution Exercise 9.4 MyMathLab 9.5  Equivalent Values A. Equations of value B. Finding the equivalent single payment Solution Solution Solution Solution C. Finding the value of two or more equivalent replacement payments Solution Solution Solution Solution Solution Solution Exercise 9.5 MyMathLab Review Exercise Self-Test Challenge Problems Summary of Formulas Glossary Chapter 10 Compound Interest—Further Topics Learning Objectives Introduction 10.1 Finding n and Related Problems A. Finding the number of conversion periods Solution Solution Solution B. Equated date Solution Solution Solution C. Using Excel’s NPER Exercise 10.1 MyMathLab 10.2 Finding i and Related Problems A. Finding the periodic rate i and the nominal annual rate of interest j Solution Solution Solution Solution B. Using Excel’s RATE Function Exercise 10.2 MyMathLab 10.3 Effective and Equivalent Interest Rates A. Effective rate of interest Effective Rates Using the BA II PLUS: Interest Rate Conversion Solution Solution Solution Solution B. Equivalent rates Solution Equivalent Rates Using the BA II PLUS Solution Solution Solution C. Using Excel’s EFFECT Function Exercise 10.3 MyMathLab Review Exercise Self-Test Challenge Problems Summary of Formulas Glossary Chapter 11 Ordinary Simple Annuities Learning Objectives Introduction 11.1 Introduction to Annuities A. Basic concepts B. Types of annuities Solution Solution Solution Solution 11.2 Ordinary Simple Annuity—Finding Future Value FV A. Future value of a series of payments—basic computation Solution B. Formula for finding the future value of an ordinary simple annuity Solution Solution C. Using preprogrammed financial calculators D. Applications Solution Solution Solution Exercise 11.2 MyMathLab 11.3 Ordinary Simple Annuity—Finding Present Value PV A. Present value of a series of payments—basic computation Solution B. Formula for finding the present value of an ordinary simple annuity Solution Solution C. Present value using preprogrammed financial calculators D. Applications Solution Solution Solution Exercise 11.3 MyMathLab 11.4 Ordinary Simple Annuities—Finding the Periodic Payment PMT A. Finding the periodic payment PMT when the future value of an annuity is known Solution Solution B. Finding the periodic payment PMT when the present value of an annuity is known Solution Solution Solution C. Using Excel’s PMT Function Exercise 11.4 MyMathLab 11.5 Finding the Term n of an Annuity A. Finding the term n when the future value of an annuity is known Solution Solution Interpretation of Result B. Finding the term n when the present value of an annuity is known Solution Solution Exercise 11.5 MyMathLab 11.6 Finding the Periodic Rate of Interest i Using Preprogrammed Financial Calculators A. Finding the periodic rate of interest i for simple annuities Solution Solution Exercise 11.6 MyMathLab Review Exercise Self-Test Challenge Problem Summary of Formulas Glossary Chapter 12 Ordinary General Annuities Learning Objectives Introduction 12.1 Ordinary General Annuities—Finding the Future Value FV A. Basic concepts and computation Solution Solution B. Relationship between payment interval and interest conversion period C. Computing the equivalent rate of interest per payment period Solution Solution D. Future value of an ordinary general annuity Solution Solution E. Using preprogrammed financial calculators to find the future value of an ordinary general annuity Solution Solution Exercise 12.1 MyMathLab 12.2 Ordinary General Annuities—Finding the Present Value PV A. Present value of an ordinary general annuity using the equivalent rate of interest per payment period Solution Solution B. Using preprogrammed financial calculators to find the present value of an ordinary general annuity Solution Solution Exercise 12.2 MyMathLab 12.3 Ordinary General Annuities—Finding the Periodic Payment PMT A. Finding the periodic payment PMT when the future value of a general annuity is known Solution B. Finding the periodic payment PMT when the present value of a general annuity is known Solution Exercise 12.3 MyMathLab 12.4 Ordinary General Annuities—Finding the Term n A. Finding the term n when the future value of a general annuity is known Solution B. Finding the term n when the present value of a general annuity is known Solution Exercise 12.4 MyMathLab 12.5 Ordinary General Annuities—Finding the periodic Interest Rate i A. Finding the periodic rate of interest i using preprogrammed financial calculators Solution Solution Exercise 12.5 MyMathLab 12.6 Constant-Growth Annuities A. Future value of an ordinary simple constant-growth annuity Solution B. Present value of an ordinary simple constant-growth annuity Solution Exercise 12.6 MyMathLab Review Exercise Self-Test Challenge Problem Summary of Formulas Glossary Chapter 13 Annuities Due, Deferred Annuities, and Perpetuities Learning Objectives Introduction 13.1 Simple Annuities Due A. Future value of a simple annuity due Solution Solution Solution B. Using preprogrammed financial calculators C. Finding the terms PMT, n, and i of a simple annuity due when the FV is known Solution Solution Solution D. Present value of a simple annuity due Solution Solution E. Finding the terms PMT, n, and i of a simple annuity due when the PV is known Solution Solution Solution Solution Exercise 13.1 MyMathLab 13.2 General Annuities Due A. Future value of a general annuity due Solution B. Finding the terms PMT, n, and i of a general annuity due when the FV is known Solution Solution Solution C. Present value of a general annuity due Solution D. Finding the terms PMT, n, and i of a general annuity due when the PV is known Solution Solution Exercise 13.2 MyMathLab 13.3 Ordinary Deferred Annuities A. Computation of an ordinary simple deferred annuity Solution Solution Solution Solution B. Computation of an ordinary general deferred annuity Solution Solution Solution Exercise 13.3 MyMathLab 13.4 Deferred Annuities Due A. Computation of a simple deferred annuity due Solution Solution Solution Solution B. Computation of a general deferred annuity due Solution Solution Solution Exercise 13.4 MyMathLab 13.5 Perpetuities A. Basic concepts B. Present value of ordinary perpetuities Solution Solution Solution Solution Solution C. Present value of perpetuities due Solution Solution D. Deferred perpetuities Solution Solution Perpetuities Using a Texas Instruments BA II PLUS Exercise 13.5 MyMathLab Review Exercise Self-Test Challenge Problem Summary of Formulas Glossary Chapter 14 Amortization of Loans, Residential Mortgages, and Sinking Funds Learning Objectives Introduction 14.1 Amortization Involving Simple Annuities A. Finding the periodic payment Solution Rounding Solution B. Finding the interest, principal, and balance for a period Solution C. Constructing amortization schedules 1. Amortization Schedule with Blended Payments Solution Solution 2. Amortization Schedule When the Payment Is a Convenient Round Figure Solution D. Finding the outstanding principal balance 1. Finding the Outstanding Balance by the Retrospective Method Solution Solution 2. Finding the Outstanding Balance by the Prospective Method Solution E. Finding the interest paid and the principal repaid between two periods; constructing partial amortization schedules Solution Solution Solution F. Computer application—amortization schedule Using Excel’s CUMIPMT function Exercise 14.1 MyMathLab 14.2 Amortization Involving General Annuities A. Finding the periodic payment and constructing amortization schedules Solution B. Finding the outstanding principal 1. Finding the Outstanding Balance by the Retrospective Method Solution Solution 2. Finding the Outstanding Balance by the Prospective Method Solution Exercise 14.2 MyMathLab 14.3 Finding the Size of the Final Payment A. Three methods for computing the final payment Solution B. Applications Solution Solution Solution Solution Solution Exercise 14.3 MyMathLab 14.4 Residential Mortgages in Canada A. Basic concepts and definitions B. Computing the effective rate of interest Solution C. Computing mortgage payments and balances Solution D. Rounded payments Solution E. Mortgage statement Solution Solution Exercise 14.4 MyMathLab 14.5 Sinking Funds A. Finding the size of the periodic payment Solution Solution B. Constructing sinking fund schedules Solution Solution C. Finding the accumulated balance and interest earned or increase in a sinking fund for a payment interval; constructing partial sinking fund schedules Solution Solution Solution D. Computer application—sinking fund schedule E. Debt retirement by the sinking fund method Solution Exercise 14.5 MyMathLab Review Exercise Self-Test Challenge Problems Summary of Formulas Glossary Chapter 15 Bond Valuation Learning Objectives Introduction 15.1 Purchase Price of Bonds A. Basic concepts of bonds B. Purchase price of a bond when market rate equals bond rate Solution 15.2 Purchase Price of a Bond When Market Rate Does not Equal Bond Rate A. Basic concepts—market rate versus bond rate B. Purchase of a bond on an interest payment date Solution Solution Solution C. Purchase between interest dates Solution Solution D. Calculating the purchase price of a bond using the Texas Instrument BAII PLUS “BOND” worksheet Solution E. Using Excel’s PRICE function F. Direct method of computing the premium or discount— alternative method for finding the purchase price Solution Solution Solution Solution Exercise 15.2 MyMathLab 15.3 Bond Schedules A. Amortization of premium Solution B. Accumulation of discount Solution C. Book value of a bond—finding the gain or loss on the sale of a bond Solution Exercise 15.3 MyMathLab 15.4 Finding the Yield Rate A. Quoted price of a bond—buying bonds on the market Solution B. Finding the yield rate—the average investment method Solution Solution Solution C. Finding the accurate yield rate by trial and error Exercise 15.4 MyMathLab Review Exercise Self-Test Challenge Problems Summary of Formulas Glossary Chapter 16 Investment Decision Applications Learning Objectives Introduction 16.1 Discounted Cash Flow A. Evaluation of capital expenditures—basic concepts B. Discounted cash flow Solution Solution Solution Solution Solution Solution Exercise 16.1 MyMathLab 16.2 Net Present Value A. The net present value concept Criterion rule Assumptions about the timing of inflows and outlays B. Applications Solution Solution Solution Solution Solution Solution C. Using Excel’s NPV function Exercise 16.2 MyMathLab 16.3 Rate of Return on Investment A. Net present value, profitability index, rate of return B. Procedure for finding the rate of return C. Selecting the rate of discount—using the profitability index D. Using linear interpolation Solution E. Computing the rate of return Solution Solution Solution F. Using Excel’s IRR function Exercise 16.3 MyMathLab Review Exercise Self-Test Challenge Problems Summary of Formulas Glossary Part 3 Comprehensive Case Lux Resources Group, Inc. 1. Chapters 9 and 10–Questions 2. Chapters 11 and 12–Questions 3. Chapter 13–Questions 4. Chapter 14–Questions 5. Chapter 15–Questions 6. Chapter 16–Questions Appendix I Further Review of Basic Algebra I.1 Basic Laws, Rules, and Definitions A. The fundamental operations B. Basic laws 1. The Commutative Laws for Addition and Multiplication 2. The Associative Laws for Addition and Multiplication 3. The Distributive Law of Multiplication over Addition 4. Special Properties of 1 5. Special Properties of 0 C. Definitions Exercise I.1 I.2 Fundamental Operations with Signed Numbers A. Additions with signed numbers Solution Solution Solution Solution B. Subtraction with signed numbers Solution C. Multiplication with signed numbers D. Division with signed numbers E. Absolute value of signed numbers Exercise I.2 I.3 Common Factoring A. Basic concept B. Examples Solution Solution Solution Solution Solution Solution Solution Exercise I.3 Summary of Formulas (Laws) Glossary Appendix II Instructions and Tips for Three Preprogrammed Financial Calculator Models II.1 Texas Instruments BAII PLUS A. Basic operations 1. Turning the calculator on and off 2. Operating modes 3. Using the Second function 4. Clearing operations 5. Displaying numbers and display formats 6. Order of operations 7. Memory capacity and operations 8. Operating errors and calculator dysfunction B. Compound interest and annuity calculations C. Calculation phase Entering data using cash flow sign conventions and correcting entry errors Calculating the unknown variable D. Example calculations 1. Compound interest 2. Annuities E. Checklist for resolving common errors II.2 Sharp EL-738C Business/Financial Calculator A. Basic operations 1. Turning the calculator on and off 2. Operating modes 3. Using the Second function 4. Clearing operations 5. Displaying numbers and display formats 6. Memory capacity and operations 7. Operating errors and calculator dysfunction B. Pre-calculation phase C. Calculation phase 1. Clearing preprogrammed registers 2. Adjusting for annuities (beginning and end of period) 3. Entering data using cash flow sign conventions and correcting entry errors 4. Calculating the unknown variable D. Example calculations 1. Compound interest 2. Annuities E. Checklist for resolving common errors II.3 Hewlett-Packard 10bII+ Business Calculator A. Basic operations 1. Turning the calculator on and off 2. Operating modes 3. Using the SHIFT function 4. Clearing operations 5. Displaying numbers and display formats 6. Memory capacity and operations 7. Operating errors and calculator dysfunction B. Calculation phase 1. Clearing preprogrammed registers 2. Adjusting for annuities (beginning and end of period) 3. Entering data using cash flow sign conventions and correcting entry errors 4. Calculating the unknown variable C. Example calculations 1. Compound interest 2. Annuities D. Checklist for resolving common errors Answers to Odd-Numbered Problems, Review Exercises, and Self-Tests Chapter 1 Exercise 1.1 Exercise 1.2 Exercise 1.3 Exercise 1.4 Exercise 1.5 Exercise 1.6 Review Exercise Self-Test Chapter 2 Exercise 2.1 Exercise 2.2 Exercise 2.3 Exercise 2.4 Exercise 2.5 Exercise 2.6 Exercise 2.7 Review Exercise Self-Test Chapter 3 Exercise 3.1 Exercise 3.2 Exercise 3.3 Exercise 3.4 Exercise 3.5 Exercise 3.6 Exercise 3.7 Exercise 3.8 Review Exercise Self-Test Chapter 4 Exercise 4.1 Exercise 4.2 Exercise 4.3 Exercise 4.4 Exercise 4.5 Review Exercise Self-Test Chapter 5 Exercise 5.1 Exercise 5.2 Exercise 5.3 Review Exercise Self-Test Chapter 6 Exercise 6.1 Exercise 6.2 Exercise 6.3 Exercise 6.4 Exercise 6.5 Review Exercise Self-Test Chapter 7 Exercise 7.1 Exercise 7.2 Exercise 7.3 Exercise 7.4 Exercise 7.5 Review Exercise Self-Test Chapter 8 Exercise 8.1 Exercise 8.2 Exercise 8.3 Exercise 8.4 Exercise 8.5 Review Exercise Self-Test Chapter 9 Exercise 9.1 Exercise 9.2 Exercise 9.3 Exercise 9.4 Exercise 9.5 Review Exercise Self-Test Chapter 10 Exercise 10.1 Exercise 10.2 Exercise 10.3 Review Exercise Self-Test Chapter 11 Exercise 11.2 Exercise 11.3 Exercise 11.4 Exercise 11.5 Exercise 11.6 Review Exercise Self-Test Chapter 12 Exercise 12.1 Exercise 12.2 Exercise 12.3 Exercise 12.4 Exercise 12.5 Exercise 12.6 Review Exercise Self-Test Chapter 13 Exercise 13.1 Exercise 13.2 Exercise 13.3 Exercise 13.4 Exercise 13.5 Review Exercise Self-Test Chapter 14 Exercise 14.1 Exercise 14.2 Exercise 14.3 Exercise 14.4 Exercise 14.5 Review Exercise Self-Test Chapter 15 Exercise 15.2 Exercise 15.3 Exercise 15.4 Review Exercise Self-Test Chapter 16 Exercise 16.1 Exercise 16.2 Exercise 16.3 Review Exercise Self-Test Index A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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