Finance 301 Math Review

Finance 301 Math Review - (Value X Rate =(Income...

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i BASIC ALGEBRA/MATH REVIEW Let, a = 2, b = 4, c = 8, x = 10 c = a * b c = 2 * 4 c = 8 c = a * b; what is “a” a = c/b a = 8/4 a = 2 d = a(b + c) d = 2(4 + 8) d = 2(12) d = 24 d = (a + b) n d = (2 + 4) 2 d = (6) 2 d = 36 d = a + bx d = 2 + 4(10) d = 2 + 40 d = 42 d = c + (b - a)x d = 8 + (4 - 2)10 d = 8 + (2)10 d = 8 + 20 d = 28 d = c + (b - a)x 28 = 8 + (4 - a)10 28 = 8 + 40 - 10a 28 = 48 - 10a 28 - 48 = -10a -20 = -10a -20/-10 = a a = 2 Principal X Rate = \$ Interest
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Unformatted text preview: (Value) X Rate = (Income) Principal (Value) = \$100 Rate = 5% \$ Interest (Income) = \$5 \$100 X 5% = Interest \$100 X . 05 = \$5 m = 10%(100) m = . 10(100) m = 10 m ± 10(100) n = 100/10% n = 100/ . 10 n = 1,000 n ± 100/10 % = x . yz (100) % = 1 . 23 (100) = 123% % = 0 . 456 (100) = 45 . 6%- - - - -7 . 98% = 7 . 98/100 = 0 . 0798 FIN301 2006\Syllabus\MathReview.wpd...
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This note was uploaded on 10/06/2008 for the course FIN 301 taught by Professor Hoyt during the Fall '08 term at University of Nevada, Las Vegas.

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