11th Edition by F. Ernest Jerome
All Chapters 1 to 17 Covered
TEST BANK
,Table of Contents
CHAPTER 1 Review and Applications of Basic Mathematics Appendix
1A: The Texas Instruments BA II PLUS
CHAPTER 2 Review and Applications of Algebra
CHAPTER 3 Percent and Percent Change
CHAPTER 4 Ratios and Proportions CHAPTER
5 Mathematics of Merchandising
Supplement: Other Notations for Terms of Payment (on Connect)
Supplement: Diagram Model for Markup Problems (on Connect)
CHAPTER 6 Applications of Linear Equations
Appendix 6A: The Texas Instruments BA II PLUS Break-Even Worksheet
CHAPTER 7 Simple Interest
Appendix 7A: An Aid for Determining the Number of Days in Each MonthAppendix
7B: The Texas Instruments BA II PLUS Date Worksheet
CHAPTER 8 Applications of Simple Interest
Appendix 8A: Promissory Notes
CHAPTER 9 Compound Interest: Future Value and Present Value Appendix 9A:
Instructions for Specific Models of Financial Calculators
CHAPTER 10 Compound Interest: Further Topics and Applications
10A: The Texas Instruments BA II PLUS Interest Conversion WorksheetAppendix
10B: Logarithms
10C: Annualized Rates of Return and Growth (on Connect)
CHAPTER 11 Ordinary Annuities: Future Value and Present Value
CHAPTER 12 Ordinary Annuities: Periodic Payment, Number of Payments, and Interest RateAppendix
12A: Derivation of the Formula for n from the Formula for FV_(on Connect)
App 12B: The Trial-and-Error Method for Calculating the Interest Rate per Payment Interval_(on Connect)
CHAPTER 13 Annuities Due
13A: Setting Your Calculator in the Annuity Due Mode
CHAPTER 14 Annuities: Special Situations
CHAPTER 15 Loan Amortization: Mortgages
15.4: Mortgage Loans: Additional Topics (on Connect)
Appendix 15A: Instructions for the Texas Instruments BA II PLUS Amortization WorksheetAppendix
,15B: Amortization Functions on the Sharp EL-738 Calculator
CHAPTER 16 Bonds and Sinking Funds
, CHAPTER 1: Review and Applications of Basic Mathematics Appendix
Basic Mathematics
Exercise 1.1
a. 10 + 10 x 0 = 10 + 0 = 10
b. 2 x 2 + 4 – 8 = 4 + 4 – 8 = 0
c. (10 + 10) x 0 = 20 x 0 = 0
ḋ. 2 x (2 + 4) – 8 = 2 x 6 – 8 = 12 – 8 = 4
e. 0 + 3 x 3 – 32 + 10 = 0 + 9 – 9 + 10 = 10
f. 12 – 2 x 5 + 22 x 0 = 12 – 10 + 4 x 0 = 12 – 10 + 0 = 2
g. 0 + 3 x 3 – (32 + 10) = 0 + 9 – 19 = -10
h. (12 – 2) x (5 + 22) x 0 = 10 x 9 x 0 = 0
22 0
i. 0
2
22 4
(2 2 2 4
4
2 5 1
j.
1. 20 4 2 8 20 8 8 4
2. 18 3 6 2 6 12 18
3. 20 4 2 8 16 2 8 32 8 24
4. 18 3 6 2 18 9 2 2 2 4
5. 20 4 2 8 20 8 8 20
6. 18 3 6 2 6 6 2 24
7. 54 36 4 22 54 9 4 49
2
8. 5 3 32 9 3 82 9 9 3 64 3 66