MA373 F11 Chapter 1 Homework

# MA373 F11 Chapter 1 Homework - Math 373 Fall 2011 Homework...

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Math 373 Fall 2011 Homework Non-Interest Theory 1. 501 + 502 + … + 1000 = 2. If 5 (1 ) 1.1, i  calculate 5 10 100 1 (1 ) ) ... (1 ) . i i i Chapter 1, Section 3 3. Book Problem 1.3 Number 1 4. Book Problem 1.3 Number 2 5. Book Problem 1.3 Number 3 6. Book Problem 1.3 Number 4 7. Book Problem 1.3 Number 5 8. Book Problem 1.3 Number 6 Chapter 1, Section 4 9. Book Problem 1.4 Number 1 10. Book Problem 1.4 Number 2 11. Book Problem 1.4 Number 3 12. Book Problem 1.4 Number 4 13. Book Problem 1.4 Number 5 14. Book Problem 1.4 Number 6 Chapter 1, Section 5 15. Book Problem 1.5 Number 1 16. Book Problem 1.5 Number 2 17. Book Problem 1.5 Number 3 18. Book Problem 1.5 Number 4 19. Book Problem 1.5 Number 6 20. Book Problem 1.5 Number 8 21. Book Problem 1.5 Number 9 22. Rose invests money in a bank account earning compound interest at an annual effective interest rate of 5%. Tim invests money in a bank account earning 10% simple interest. What year will Rose and Tim earn the same annual effective interest rate? Chapter 1, Section 6 23. Book Problem 1.6 Number 1 24. Book Problem 1.6 Number 2 25. Book Problem 1.6 Number 3 26. Book Problem 1.6 Number 4

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Math 373 Fall 2011 Homework 27. Book Problem 1.6 Number 5 28. Miguel takes out a loan to purchase a used car. The loan that Miguel initiates charges compound discount at a rate of 12%. The loan is to be repaid in 5 years. Under the loan, Miguel will have to pay 10,000 at the end of 5 years.
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## MA373 F11 Chapter 1 Homework - Math 373 Fall 2011 Homework...

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