MM255 Unit 3 Solution
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Unit 3: Instructor Graded Assignment
Interest and Loan Concepts
Unit 3 focuses on interest and loan concepts covered in your reading of Chapter 11: “Simple Interest and Simple Discounts.”
You must show your work at all times. The steps for solving each problem must be explained. Failure to do so could result in your submission being given a 0 grade. If you have any questions about how much work to show, please contact your instructor.
Assignments must be submitted as a Microsoft® Word® document and uploaded to the Dropbox for Unit 3. Type all answers directly in this Assignment below each question.
All Assignments are due by Tuesday at 11:59 p.m. ET of the assigned unit.
One of the benefits of attending here at Kaplan is that we have a tremendous amount of resources available for you. If you find yourself having difficulties completing this exercise consider taking advantage on one or more of the following resources:
1. Textbook: The textbook reading assigned for each unit includes the topics and calculation details for each type of problems you will complete.
2. LiveBinders: In the LiveBinder for the unit, you will find more information on unit topics, example problems, and video content on the unit’s topics. To access the LiveBinder for a unit, use the menu on the left side of the classroom, select the unit you are in, and when you click the unit link several additional links will appear below the unit heading, one of those links will be “Live Binders.”
3. KU Math Center: Take advantage of the KU Math Center’s many services:
a. Math Tutoring
b. Question & Answer Services
c. Request a Video Example Services
d. Project Review Services (be sure to submit Assignments early enough to receive feedback and make corrections before the Assignment due date, 24 hour turn-around times Monday-Thursday and 48...