There are many problems throughout the text labeled IN YOUR
OWN WORDS. Just relax; do not be afraid to give your opinion.
For the most part, these questions do not have "right" or
"wrong" answers. You should spend about five minutes in
answering each of these questions.
First identify the variables, and then substitute into the
annuity formula. If you have a programmable calculator,
it would be a good idea to program your calculator for annuities
before working these problems. If you program a calculator,
be sure to test the output using Example 1.
Substitute the given values into the sinking fund formula.
If you have a programmable calculator, now would be a good
time to program it for sinking fund problems. Be sure to
test your program by working Example 4.
Before working this problem read Example 2. This is an important
problem so treat your response with a thoughtful response.
First decide what type of financial problem is presenteD.
These problems are ordinary annuities. Next, apply the appropriate
formula; in this case, see Example 1.
First decide what type of financial problem is presenteD.
These problems are sinking fund problems. Next, apply the
appropriate formula; in this case, see Example 4.
First decide what type of financial problem is presenteD.
See Example 1.
However, as you go through the book be sure you look at
all the examples in the text. If you need hints for the
Level 3 problems, check some sources for help on the internet
(see the LINKS for that particular section. As a last resort,
you can call the author at (707) 829-0606.
On the other hand, the problems designated "Problem Solving"
generally require techniques that do not have textbook examples.
There are many sources for homework help on the internet.
Algebra.help
Here is a site where technology meets mathematics. You can
search a particular topic or choose lessons, calculators,
worksheets for extra practice or other resources.
http://www.algebrahelp.com/
Ask Dr. Math
Dr. Math is a registered trademark. This is an excellent site
at which you can search to see if your question has been previously
asked, or you can send your question directly to Dr. Math
to receive an answer.
http://mathforum.org/dr/math/
Quick Math
This site provides online graphing calculators. This is especially
useful if you do not have your own calculator.
http://www.quickmath.com/
The Math Forum @ Drexel
This site provides an internet mathematics library that
can help if you need extra help. For additional homework
help at this site, click one of the links in the right-hand
column.
http://mathforum.org/
Mathematics Home Page
Access the Clemens and Alcuins Library of CSB/SJU and find
one of the world's best collections of mathematical internet
sites.
http://library.csbsju.edu/rqs.phtml?subject_id=32