Solution Manual for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A.
Hummelbrunner, Kelly Halliday, Ali R. Hassanlou Chapter 1-16.
Solution Manual for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A.
Hummelbrunner, Kelly Halliday, Ali R. Hassanlou Chapter 1-16.
,Solution Manual for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A.
Hummelbrunner, Kelly Halliday, Ali R. Hassanlou Chapter 1-16.
Contents
PART ONE Mathematics Fundamentals and Business Applications
Chapter 1: Review of Arithmetic 1
Chapter 2: Review of Basic Algebra 35
Chapter 3: Ratio, Proportion, and Percent 91
Chapter 4: Linear Systems 135
Chapter 5: Cost-Volume-Profit Analysis and Break-Even 193
PART TWO Mathematics of Business and Management
Chapter 6: Trade Discount, Cash Discount, Markup, and Markdown 225
Chapter 7: Simple Interest 263
Chapter 8: Simple Interest Applications 289
PART THREE Mathematics of Finance and Investment
Chapter 9: Compound Interest—Future Value and Present Value 335
Chapter 10: Compound Interest—Further Topics 379
Chapter 11: Ordinary Simple Annuities 415
Chapter 12: Ordinary General Annuities 455
Chapter 13: Annuities Due, Deferred Annuities, and Perpetuities 493
Chapter 14: Amortization of Loans, Including Residential Mortgages 545
Chapter 15: Bond Valuation and Sinking Funds 611
Chapter 16: Investment Decision Applications 669
Copyright © 2025 Pearson Canada Inc.
,Solution Manual for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A.
Hummelbrunner, Kelly Halliday, Ali R. Hassanlou Chapter 1-16.
PART ONE Mathematics Fundamentals and Business Applications
Chapter 1 Review of Arithmetic
Exercise 1.1
A. 1. 12 + 6 3 = 12 + 2 =
2. (38 − 6) 2 = (24 − 6) 2 = 18 2 =
3. (7 + 4)5 − 2 =115 − 2 = 55 − 2 =
4. 53 + 2 4 = 15 + 8 =
5. 6(7 − 2) − 3(5 − 3) = 6(5) − 3(2) = 30 − 6 =
20 −16 4 1
6. =
= =
15 + 5 20 5
7. 4(8 − 5)2 − 5(3 + 22 ) = 4(3)2 − 5(3 + 4) = 4(9) − 5(7) = 36 − 35 = 1
8. (3 4 − 2)2 + (2 − 2 72 ) = (12 − 2)2 + (2 − 2 49)
= 102 + (2 − 98) = 100 − 96 =
9. 250(1+ 0.08)10 = 250(2.158925) = 539.73
10. (1+ 0.04)4 −1 = 1.169859 −1 = 0.17
11. 30 600 − 2500 −12 600 = 18, 000 − 2500 − 7200 = 8300
12.
1−[(1− 0.40)(1− 0.25)(1− 0.05)] = 1−[(0.6)(0.75)(0.95)] = 1−[0.4275] = 0.5725 = 0.57
13. 15 − 7 + 6(2 + 3) 3
= 15 − 7 + 6(5) 3
= 15 − 7 + 30 3
= 15 − 7 +10
= 18
14. 16 2 4 + 6(4 + 2)
Copyright © 2025 Pearson Canada Inc.
, Solution Manual for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A.
Hummelbrunner, Kelly Halliday, Ali R. Hassanlou Chapter 1-16.
= 8 4 + 6(6)
= 32 + 36
= 68
Copyright © 2025 Pearson Canada Inc.
Hummelbrunner, Kelly Halliday, Ali R. Hassanlou Chapter 1-16.
Solution Manual for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A.
Hummelbrunner, Kelly Halliday, Ali R. Hassanlou Chapter 1-16.
,Solution Manual for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A.
Hummelbrunner, Kelly Halliday, Ali R. Hassanlou Chapter 1-16.
Contents
PART ONE Mathematics Fundamentals and Business Applications
Chapter 1: Review of Arithmetic 1
Chapter 2: Review of Basic Algebra 35
Chapter 3: Ratio, Proportion, and Percent 91
Chapter 4: Linear Systems 135
Chapter 5: Cost-Volume-Profit Analysis and Break-Even 193
PART TWO Mathematics of Business and Management
Chapter 6: Trade Discount, Cash Discount, Markup, and Markdown 225
Chapter 7: Simple Interest 263
Chapter 8: Simple Interest Applications 289
PART THREE Mathematics of Finance and Investment
Chapter 9: Compound Interest—Future Value and Present Value 335
Chapter 10: Compound Interest—Further Topics 379
Chapter 11: Ordinary Simple Annuities 415
Chapter 12: Ordinary General Annuities 455
Chapter 13: Annuities Due, Deferred Annuities, and Perpetuities 493
Chapter 14: Amortization of Loans, Including Residential Mortgages 545
Chapter 15: Bond Valuation and Sinking Funds 611
Chapter 16: Investment Decision Applications 669
Copyright © 2025 Pearson Canada Inc.
,Solution Manual for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A.
Hummelbrunner, Kelly Halliday, Ali R. Hassanlou Chapter 1-16.
PART ONE Mathematics Fundamentals and Business Applications
Chapter 1 Review of Arithmetic
Exercise 1.1
A. 1. 12 + 6 3 = 12 + 2 =
2. (38 − 6) 2 = (24 − 6) 2 = 18 2 =
3. (7 + 4)5 − 2 =115 − 2 = 55 − 2 =
4. 53 + 2 4 = 15 + 8 =
5. 6(7 − 2) − 3(5 − 3) = 6(5) − 3(2) = 30 − 6 =
20 −16 4 1
6. =
= =
15 + 5 20 5
7. 4(8 − 5)2 − 5(3 + 22 ) = 4(3)2 − 5(3 + 4) = 4(9) − 5(7) = 36 − 35 = 1
8. (3 4 − 2)2 + (2 − 2 72 ) = (12 − 2)2 + (2 − 2 49)
= 102 + (2 − 98) = 100 − 96 =
9. 250(1+ 0.08)10 = 250(2.158925) = 539.73
10. (1+ 0.04)4 −1 = 1.169859 −1 = 0.17
11. 30 600 − 2500 −12 600 = 18, 000 − 2500 − 7200 = 8300
12.
1−[(1− 0.40)(1− 0.25)(1− 0.05)] = 1−[(0.6)(0.75)(0.95)] = 1−[0.4275] = 0.5725 = 0.57
13. 15 − 7 + 6(2 + 3) 3
= 15 − 7 + 6(5) 3
= 15 − 7 + 30 3
= 15 − 7 +10
= 18
14. 16 2 4 + 6(4 + 2)
Copyright © 2025 Pearson Canada Inc.
, Solution Manual for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A.
Hummelbrunner, Kelly Halliday, Ali R. Hassanlou Chapter 1-16.
= 8 4 + 6(6)
= 32 + 36
= 68
Copyright © 2025 Pearson Canada Inc.
