Math 103, Section 11, Friday, March 25, 2011
The Mathematics of Sharing , a few closing words:
Problems of fair division are a part of game theory.
In the Method of Markers with 4 players, who are the dividers?
“Grief can take care of itself, but to get the full value of joy you must have
someone to divide it with.”
Mark Twain
My wish to my students:
1. May you be choosers more than you are dividers.
2. May you, as you travel through life, find someone with whom you can divide
your joy!
Assignment Chapter 3B
Please do Exercises 42, 56, and 70, pages
112-117.
Homework is due by Friday, March 25, 5 minutes before midnight
Homework to be discussed in class. Page 114, Problem 53 Sealed
bids
Chapter 10 The Mathematics of Money
Assignment Chapter 10A
Please do Exercises 18, 24, 30, and 36, pages 392-393 and upload to
Sakai.
Homework is due by Friday, April 1, 5 minutes before midnight
Homework to be discussed in class on Friday, March 25
Exercises 1,3,17, 23.
Homework to be discussed in class on Tuesday, March 29
Exercises 23, 31, 35, 37.
1.
Suppose that you deposit $1237.50 in a savings account that pays 8.25% annual
interest, with interest credited to the account at the end of each year. Assuming that no
withdrawals are made, find the balance in the account after 4 ½
years.
2.
45 years ago Sally purchased a bond paying 4% annual compound interest. Today the
investment has grown to a value of $23,800. How much did Sally pay for the bond?
Round your answer to the nearest dollar.
Percentage increase formula