MA170 Week 3 Report - Partial Payments; Simple Discount Rate
Name:
Student Number:
Lab
Spring 2013
1. [7 marks] A loan of $1200 with a simple interest rate of 8% is due in 11 months. The borrower makes partial
payments of $80 in 3 months, $35 in 8 months
MATHEMATICS 170 Introduction to Mathematics for Finance
Winter 2013
Course Instructor: Dr. Y. George Lai
Office: BA550 (Bricker Academic)
Telephone: ext 2107
E-mail: y l a i @ w l u . c a
Office Hours: Tuesdays and Thursdays 9:00am 10:30am, other times by
MA170 Lab 2 - Simple Interest; Simple Discount
Name:
Student Number:
Lab
Fall 2014
1. [6 marks] A loan of $1500 with a simple interest rate of 9% is due in 11 months. The borrower makes partial
payments of $180 in 3 months, $45 in 8 months and $350 in 9 m
MA170 Week 5 Report - Compound Interest Part I
Name:
Student Number:
Lab
Spring 2013
1. [4 marks] Determine the principal that must be invested into a fund to ensure that after 2 years the total value
of the investment reaches $5000 if the interest rate i
MA170 Week 6 Lab Notes
Text References: 2.5-2.7
Unknown Rate and Unknown Time (2.5)
Recall that S = P (1 + i)n represents the accumulated value of an initial investment P at interest rate i =
compounded m times per year for t years (n = tm).
1. If S, P, a
MA170 Week 2 Report - Simple Interest; Equations of Value
Name:
Student Number:
Lab
Spring 2013
1. [4 marks] Axel won a sum of $6500 in a lottery. On April 24th, 2013, he opened an account and deposited his
winnings in it.
(a) On August 27th 2013 he neede
Winter Term, 2015
Name:
Student Number:
WILFRID LAURIER UNIVERSITY
Waterloo, Ontario
Mathematics 170 Introduction to Mathematics for
Finance
Midterm Test February 26, 2015
Instructor: Mr. A. Kabbes
Time Allowed: 60 minutes
Total Marks for the Paper Portio
MA215 Test 1, Fall Term 2007
Page 1
Disclaimer: Tests and exams from previous o erings of mathematics courses are posted to the on-line Exam
Bank, administered by the Mathematics Assistance Centre, as a courtesy to WLU students. Past exams
should be used
MA215 Test 2, Fall Term 2007
Page 1
Disclaimer: Tests and exams from previous o erings of mathematics courses are posted to the on-line Exam
Bank, administered by the Mathematics Assistance Centre, as a courtesy to WLU students. Past exams
should be used
MA110 Test 2, 2008-9
Page 1
Disclaimer: Tests and exams from previous o erings of mathematics courses are posted to the on-line Exam
Bank, administered by the Mathematics Assistance Centre, as a courtesy to WLU students. Past exams
should be used for stud
MA110 Test 1, 2008-9
Page 1
Disclaimer: Tests and exams from previous o erings of mathematics courses are posted to the on-line Exam
Bank, administered by the Mathematics Assistance Centre, as a courtesy to WLU students. Past exams
should be used for stud
MA170 Week 6 Report - Compound Interest Part II
Name:
Student Number:
Lab
Spring 2013
1. [10 marks] Suppose that $500 is invested into a savings account where interest is compounded monthly.
(a) Assuming the exact method for accumulation is in eect, deter
MA170 Week 7 Report - Continuous Compounding; Simple Annuities
Name:
Student Number:
Lab
Spring 2013
1. [5 marks] Hugo is considering an investment opportunity oering an interest rate of j = 5%.
(a) How much must he invest on November 1, 2012 to accumulat
MA170 Week 9 Report - Simple Annuities Continued
Name:
Student Number:
Lab
Spring 2013
1. [7 marks] Dwight Schrute sets up a fund to payout $2000 at the beginning of each quarter. The interest rate
is 8% compounded quarterly. Show your steps when answerin
MA170 Lab 1 - Simple Interest
Name:
Student Number:
Lab
Fall 2014
1. [6 marks] Andrew takes a demand loan of $5,000 on September 17th. Interest is charged to his account on
the rst of each month, starting October 1st. Jacob pays $1,500 towards the loan on
MA170 Information Pertaining to Labs (Spring 2013)
Lab Coordinator:
Andrew Kabbes
Oce:
Phone:
E-mail:
BA426
884-0710 Ext. 4519
[email protected]
Lab Format
The lab itself will consist of a number of activities. While the actual composition will vary from wee
MA170 Week 2 Lab Notes
Text References: 1.1-1.3
Simple Interest (1.1)
1. Principal P - Initial amount of money (capital) invested or borrowed.
2. Rate of interest r - annual percentage earned on the original investment of P .
3. Amount of simple interest
MA170 Week 12 Report - Sinking Funds
Name:
Student Number:
Lab
Spring 2013
1. [4 marks] A sinking fund earning interest at a rate of j2 = 6% is set up to accumulate $70,000 over a period
of 15 years. Open the Excel le named SinkingFund.xls found on MyLear
MA170 Week 13 Report - Bonds
Student Number:
Name:
Lab
Spring 2013
1. [5 marks] James and Alec each own a $1000 bond redeemable at par at the end of n years, and both of their
bonds are bought to yield j2 = 8%. James bond costs $918.35, and has semi annua
MA170 Week 11 Report - Amortization
Name:
Student Number:
Lab
Spring 2013
1. [7 marks] A car worth $25 000 is purchased on July 1st, 2013 with a down payment of 12% of the purchase
price. The remaining cost is covered by a loan with an interest rate of j5
MA170 Week 10 Report - General Annuities; Perpetuities
Name:
Student Number:
Lab
Spring 2013
1. [4 marks] Recall Question #2, Week 9, where a couple planned to invest in an RESP (Registered Education
Savings Plan) that earned interest at 3% compounded qua
MA170 Week 10 Lab Notes
Text References: 4.1 - 4.3
General Annuities (4.1):
An annuity where payments are made more or less frequently than interest is compounded. There are two methods
used to deal with such annuities:
1. Change of Rate
Replace the given
MA110 Midterm, 2007-8
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Disclaimer: Tests and exams from previous o erings of mathematics courses are posted to the on-line Exam
Bank, administered by the Mathematics Assistance Centre, as a courtesy to WLU students. Past exams
should be used for stu
MA110 Midterm, 2008-9
Page 1
Disclaimer: Tests and exams from previous o erings of mathematics courses are posted to the on-line Exam
Bank, administered by the Mathematics Assistance Centre, as a courtesy to WLU students. Past exams
should be used for stu
MA110 Final Exam, 2007-8
Page 1
Disclaimer: Tests and exams from previous o erings of mathematics courses are posted to the on-line Exam
Bank, administered by the Mathematics Assistance Centre, as a courtesy to WLU students. Past exams
should be used for
Lecture 12: Other Simple Annuities (continued) and
Determining the Term of an Annuity
MA170: Introduction to Mathematics of Finance
February 13, 2014
Mathematics of Finance (MA170)
Lecture 12: Other Simple Annuities (continued) and Determining the Term of
Lecture 13: Simple Annuities Continued: Determining
the Interest Rate
MA170: Introduction to Mathematics of Finance
February 25, 2014
Mathematics of Finance (MA170)
Lecture 13: Simple Annuities Continued: Determining the Interest Rate
February 25, 2014
1/
Lecture 8: Other Applications of Compound Interest.
Continuous Compounding
MA170: Introduction to Mathematics of Finance
January 30, 2014
Mathematics of Finance (MA170)
Lecture 8: Other Applications of Compound Interest. Continuous Compounding
January 30,
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MA170 Lab 5 - Types of Simple Annuities
Name:
Student Number:
Spring 2017
1. [6 marks] Dwight Schrute sets up a fund now to payout $2000 at the beginning of each quarter. The interest rate is 8%
compound
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YES
NO
MA170 Lab 4 - Compound Interest Part III; Annuities
Name:
Student Number:
Spring 2017
1. [8 marks] Consider an investment of $1 000 that accrued interest at the following rates over a 10-year period:
Yea
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NO
MA170 Lab 7 - Annuities Where Payments Vary; Ammortization
Name:
Student Number:
Spring 2017
1. [10 marks] Joe graduated today at age 25 and started a job that pays $65 000 per year. Each year Joe will g
Would you like this assignment to be marked?
YES
NO
MA170 Lab 9 - Bonds I
Name:
Student Number:
Spring 2017
1. [9 marks] The ABC Corporation needs to raise some funds to pay for new equipment. They issue $5 000 000 worth of 30-year
bonds with semi-annual
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YES
NO
MA170 Lab 1 - Simple Interest
Name:
Student Number:
Spring 2017
1. [3 marks] Determine each of the following using simple interest.
(a) The loan amount if interest earned was $4500 at 8% for 9 months.
I