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SECTION 8.5 Amortization
The process of paying off a loan (plus interest) by making a series of regular, equal payments is called
amortization, and such a loan is called an amortized loan.
Example 1: An amortized loan of $10,000 is made to pay off a
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SECTION 8.3 Consumer Loans
Debt is a bottomless sea.
Thomas Carlyle
Loans having a fixed number of payments are called closed-ended credit agreements (or installment loans).
Each payment is called an installment.
The interest charged on a loan is of
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SECTION 10.1
Understanding Apportionment
How Do We Measure Fairness?
The Hamilton Apportionment Method
Alexander Hamilton developed a method to apportion the first U.S.
Congress. In 1881 when using Hamiltons method, Alabama was entitled to 8 represen
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SECTION 10.3
Other Paradoxes and Apportionment
Methods
Example 1:
a) Suppose we want to allocate 8 representatives among several states that have a total population of 4,000,000.
Find the standard divisor.
b) If state A has a population of 1,500,000,
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SECTION 3.2
Truth Tables
In this section we learn to use Boolean logic to determine when compound statements are true or false, and
whether two statements have the same meaning.
Truth Tables
Negation
p
Example 1: Determine whether each statement is t
College of Engineering and Computer Science
Mechanical Engineering Department
Mechanical Engineering 501B
Seminar in Engineering Analysis
Spring 2009 Class: 14443 Instructor: Larry Caretto
March 9 Homework Solutions
1.
Kreyszig, page 546, problem 2. Find