the lesson, the first year section one students should be able to:
* Recognize key word that indicates certain mathematical operations.
* Translate verbal statement into equations.
* Identify the basic steps in solving word problem.
* Solve age problems in at least 5 minutes.
What will happen to you in Five years time?
This is one of my favorite question. Every time when I asked this question to my friends, I will get answer like “Well Shawn, I don’t know because 5 years is a long time and many things may happen”. Or sometimes I will get answer like “I’ve never thought of...
interest compounded quarterly offers the best rate of return. Because the cash is compounded every three months as opposed to every six months or every year the initial investment grows at a faster rate. “It follows that more frequent compounding, such as quarterly or monthly, produces even higher earnings”...
cash balance is $222,009.
a. $5,000 invested for 10 years at 10 percent compounded annually:
$5,000 / 10%
= $500 x 10 years
= $5,000 + $5,000 (invested)
b. $8,000 invested for 7 years at 8 percent compounded annually:
$8,000 / 8%
= $640 x 7 years
= $4,480 + $8,000 (invested)
types of problems are:
Problem Type 1:
A projectile is launched with an initial horizontal velocity from an elevated position and follows a parabolic path to the ground. Predictable unknowns include the initial speed of the projectile, the initial height...
(5 points) $100 today is worth the SAME as $100 tomorrow.
(5 points) $100 invested for 10 years at 12% interest is worth more in FV terms than $200 invested for 10 years at 4% interest.
(5 points) Megan wants to buy a designer handbag and...
concepts are described below. An alternative is a stand-alone solution for a give situation. We are faced with alternatives in virtually everything we do, from selecting the method of transportation we use to get to work every day to deciding between buying a house or renting one. Similarly, in engineering...
An eagle is 4 times as old as a falcon. Three years ago,
the eagle was 7 times as old as the falcon. Find the present
age of each bird.
x = falcon's age now
daughter Chloe. Tuition rates are currently $9,500 per year at the state college and have been increasing at a rate of 7% annually. Chloe will begin college in 7 years. The Johnson’s have $9,500 set aside now in a college plan that will earn 6% per year. They recently heard about a plan to pre-pay tuition...
concerned with choosing from among two or more alternative investment projects, each of which has passed the hurdle. 14-4 Accounting net income is based on accruals rather than on cash flows. Both the net present value and internal rate of return methods focus on cash flows. 14-5 Discounted cash flow methods...
proposed project requires £751,500,000, which represents 70% of the total cost of the project over the 15 years. Therefore, the overall cash inflows (cash generated from electricity) over the 15 years are insufficient to cover the initial costs, other costs (e.g. salaries, advertising costs, and maintenance...
Equation 1 by 4 to get 4x/4 = 8/4
The simplified version of equation 1 is x = 2.
Divide both sides of Equation 2 by 5 to get 5y/5 = 15/5
The simplified version of equation 2 is y = 3.
Now, let us plot the above equations on a graph. The co-ordinates of the point of intersection (if any) of these 2 lines...
Expected pattern of development
Baby can suck and swallow from birth.
There are several noises a baby can make, squeaks grunts, and also attempts are made in...
Age Related Problems
1.) Irene is one-third the age of Bea. Three years ago, Irene was twice as old as Irene. How old is each?
Let the present age of Irene be X and of Bea be Y.
Equation 1 (by reading the first sentence) : X = Y/3
Equation 2 (second sentence) : (X - 3) = 2 * (Y -...
You have just taken out a five-year loan from a bank to buy an engagement ring. The ring costs
$5000. You plan to put down $1000 and borrow $4000. You will need to make annual payments
of $1000 at the end of each year. Show the timeline of the loan from your perspective. How would
as production manager in this company for several years that familiar with the ways of how motivate employees to improve productivity and earn profit more. But, the dropping production resulting from the bad working condition hurts my feeling every now and then. As we know, the tube supporting by our...
another opportunity. The common example is if you would accept $1000 today or 5 years from now. With $1000 today, you could invest it and make money off of it for the next 5 years whereas $1000 given to you 5 years from today is still only $1000. Corporations are the same as us; they exist to make...
Date of Birth : 20 June 1982
Civil state : married
Secondary High School Section Sicence From Mutah High School BSC in Computer Science From Mutah University in 2004
Network ( windows server 2003 and 2008 , ISA server 2004 and02006 , Exchange server...
triangle has a perimeter of 50. If 2 of its sides are equal and the third side is 5 more than the equal sides, what is the length of the third side?
Step 1: Assign variables:
Let x = length of the equal side
Let x + 5 = length of the third side
Step 2: Write out the formula for perimeter of...
Child & young person’s development (0-19)
1.1 Describe the expected pattern of children & young person’s development from birth to 19 years, to includes:
a) Physical development
b) Communication & intellectual development
c) Social, emotional & behavioural development
The warehouse manager thought your presentation on operations management was extremely valuable to the company. He now wants to shift the conversation to focus on his warehouse department. You told him a little about supply chain design and how it could improve inventory management. He is interested...
(5 points) $100 today is worth the SAME as $100 tomorrow.
(5 points) At an interest rate of 10% it is better to have $100 today than $120 in 2 years.
(5 points) Megan wants to buy a designer handbag and plans to earn the...
decades before the rudely banished monument to three historic suffragists — Susan B. Anthony, Elizabeth Cady Stanton and Lucretia Mott — was hauled up from the basement of the United States Capitol in 1997 and restored to its rightful place by the rotunda.
The path has been no less tortuous for a proposed...
Now…Now…Now…Someone is dying because of smoking every 6.5 seconds. According to the World Health Organization around 5.4 million deaths a year are caused by tobacco. Smoking is set to kill 6.5 million people in 2015 and 8.3 million humans in 2030, with the biggest rise in low-and middle-income countries...
money generates money. You cannot compare $10.00 today to $10.00 a year from now without adjusting for the investment potential. A simple example would be to take the $10.00 and put it in a savings account at 2% interests. After a year you have $10.20 instead of $10.00.
You might be presented with...
Week 3 Problems from Financial Management: Principles and Applications
15-13A. (Break-even point and operating leverage) Allison Radios manufactures a complete line of radio and communication equipment for law enforcement agencies. The average selling price of its finished product is $180 per unit...
1. A Father is 50 years old. Ten years from now his age will be 3 times as old as his son. How old is the son now?
Let: S = age of son now
F = age of father now = 50
After 10 years,
(F + 10) = 3(S+10)
(50+10) = 3(S=10)
question 3. The steps summarized in Figure 5.5 on p. 353 (Ch. 5) may help guide your answer to question 3. Justify your decision based on the impact it would have on the stakeholders involved in the situation using terminology and concepts from Ch. 5.
• Post your response in 200 to 300 words.
yearly rate 5%, for 6 years and 4 months b) yearly rate 8%, for 7 years, 2 months and 15 days 2) With a starting investment of 3.65 how long does it take to have a final total value of 4.779 with a 5.2% yearly rate, simple interest ? 3) 10 years ago you deposited 15.6 in a bank account paying 5% (yearly...
A dog takes 8 leaps for every 3 leaps of a have and 3 leaps of dog are equal to 5 leaps of the have. What is the ratio of their speed?
(a) 9: 40 (b) 9: 31 (c) 31: 9 (d) 40: 9
Ans. 3 leaps of dog = 5 leaps of have.
1 leap of dog =53 leaps of have.
8 leaps of dog 403 leaps of have...