Math 246
Exam 1
June 6, 2016
Name _
This exam consists of 11 questions totaling 105 points (though your grade will only be out of 100
points, so it is possible to score above 100%). It has been put together specifically for you, using
only the finest all-
Math 246
Exam 1
June 6, 2016
Name _
This exam consists of 11 questions totaling 105 points (though your grade will only be out of 100
points, so it is possible to score above 100%). It has been put together specifically for you, using
only the finest all-
Math 246
Exam 1
June 6, 2016
Name _
This exam consists of 11 questions totaling 105 points (though your grade will only be out of 100
points, so it is possible to score above 100%). It has been put together specifically for you, using
only the finest all-
Math 246
Exam #2 - Practice
SUMMER 2017
Name: _
1. (3 points) True or False: If a regular six-sided die is rolled 150 times and 25 of the rolls result
in a 4, then the empirical probability of a 4 is equal to the classical probability of a 4.
2. (10 point
Math 246
Exam 1
June 6, 2016
Name _
This exam consists of 11 questions totaling 105 points (though your grade will only be out of 100
points, so it is possible to score above 100%). It has been put together specifically for you, using
only the finest all-
1. Chapter 1, #39: An investor makes a deposit today and earns an average continuous rate of return
of 6% over the next five years. What average continuous rate of return must be earned over the
subsequent five years in order to double the investment at t
Math 350
Bond Examples
1. A $21,000 10year bond with 10% quarterly coupons is redeemable at par
and has a current price of $20,000. Calculate the yield rate as a nominal
rate convertible quarterly. 10.7f2
2. A 1000 par value 5-year bond with 8% semiannual
Math 350
Exam 2 Rewrites
Turn in one copy per homework group with solutions to each of the following
questions. Show work for all questions, including the true/false and multiple choice
questions.
1. A loan of $80,000 is being repaid with 60 semi-annual p
Math 350
Exam 1 Rewrites
Turn in one copy per homework group with solutions to each of the following questions. Show work for
all questions, including the true/false and multiple choice questions.
1. Complete the following:
a. Calculate the simple interes
Math 350
Quiz 3
March 10, 2017
1. Meghan has taken out a loan of $150,000. The loan may be repaid using either of the following
two methods:
Method 1: amortization method
Math 350
Homework #2
1. In Fund A, the accumulated value of 1 at any time t > 0 is (1 + t). In Fund B, the
accumulated value of 1 at any time t > 0 is (1 + t2). Find the point(s) in time
when the force of interest for Fund A is equal to the force of inter
Homework #3 Key
1. You are given:
A loan of $12,000 is taken out now (at time zero).
The nominal rate of interest convertible semiannually is 5.4%.
The first payment on the loan is made 2.5 years after the loan is taken out.
Calculate:
a. The amount of
Math 350
Group Quiz #4
Show your work in completing the following questions. Complete your work on separate paper.
List the first and last names of all members of the group. Good luck!
1. You are given:
Chad invests $10,000 at the beginning of each year
Math 350
Homework 4
1. Compute the price of a $10,000 8% bond with semiannual coupons that
matures in 20 years at $12,000 to produce a yield rate of 7% convertible
semiannually to the investor. Use all four of the formulas found in the text on
page 205.
S
Homework #1
1. A bank offers an investment account with compound interest with effective
rates of 3% on balances of less than $2,000, 3.5% on balances of at least
$2,000 but less than $5,000, and 4% on balances of at least $5,000. Fred
opens an account wi
Math 350
Group Quiz #2
1. A borrower has agreed to repay a $100,000 loan in monthly installments over the next 20 years.
For the first ten years, the monthly payments will be $500, and for the last ten years the monthly
payments will be $ 500 Y . The firs
Math 350
Group Quiz #1
KEY
1. Westconsin Credit Union in Eau Claire offers a Kwik Cash account which provides automatic
loans as needed to prevent overdraft of checking accounts. The loan charges an annual effective
interest rate of 9%. Suppose a loan of
Math 350
Bond Examples
1. A $21,000 10-year bond with 10% quarterly coupons is redeemable at par
and has a current price of $20,000. Calculate the yield rate as a nominal
rate convertible quarterly.
Ans: 10.78%
2. A 1000 par value 5-year bond with 8% semi
Kellison Text Homework and Other Review Questions
1. Chapter 4, #25: A perpetuity-immediate has annual payments of 1, 3, 5, 7, If the PV of the sixth
and seventh payments are equal, calculate the PV of the perpetuity.
2. Chapter 4, #33: A series of paymen
Math 350
Group Quiz #1
On a separate sheet of paper, list the members of your group and show your work in
completing the following questions.
1. Westconsin Credit Union in Eau Claire offers a Kwik Cash account which provides
automatic loans as needed to p
Math 350
Homework #4
Names of Group Members
Signatures of Group Members
1. _
_
2. _
_
3. _
_
The signatures above will be taken as certification that each member has
contributed his/her fair share and understood all solutions presented.
Be sure to refer t
Math 350
Homework #3
Names of Group Members
Signatures of Group Members
1. _
_
2. _
_
3. _
_
The signatures above will be taken as certification that each member has
contributed his/her fair share and understood all solutions presented.
Be sure to refer t
Math 350
Homework #2
Names of Group Members
Signatures of Group Members
1. _
_
2. _
_
3. _
_
The signatures above will be taken as certification that each member has
contributed his/her fair share and understood all solutions presented.
Be sure to refer t
Math 350
Homework #1
Printed Names of Group Members
Signatures of Group Members
1. _
_
2. _
_
3. _
_
The signatures above will be taken as certification that each member has
contributed his/her fair share and understood all solutions presented.
Be sure to
Shawn Magee
Assignment 2
1. The picture I chose is from the gallery on National Geographic which is called Changing Seas
taken by Massimo Vitali. This image illustrates Anthropocene because humans have made this
beach to look beautiful. The sand on Tuscan
Shawn Magee
Section: 306
Assignment #1
1.
William Cronon explained wilderness as a land that is not receiving any work done by
mankind at that point in time. He believes that Apostle Islands today are wilderness spots in the
world. The islands may show th
Shawn Magee
Assignment 3
2.
After reading Redford and Sandersons Extracting Humans from Nature and Schwartzman et
al.s Arguing Tropical Forest Conservation: People versus Parks, they both want whats best for the
forest and to protect these wild animals. I
Shawn Magee
Discussion 306
Assignment 4 Population
1.
I believe that the world is becoming over populated. According to the article Billions and
Billions that on Halloween in 2011 the world population was seven billion people. Today the
world population i
Shawn Magee
Discussion Section 306
Assignment 5
1) Malthus theory about what causes environmental crisis is overpopulation in an
area. He believed that the over population was the reason for the lack of resources
whether it was food supply or a lack of wa