**Problems 1-6**

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.
Problems 7-24

These problems are designed to help you estimate financial problems, particularly in regards to credit cards. Don’t be afraid to guess, check, and then revise, if necessary.
Problems 25-30

Use the formula
Problems 31-34

Use the formula
Problem 35-38

See Example 2.
Problems 39-42

See Example 1 for the monthly payment, and Example 3 for the APR.
Problems 43-46

See Example 1 for the monthly payment in parts
### Note: Homework Hints are given only for the Level 1 and Level 2 problems.

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/**

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.

These problems are designed to help you estimate financial problems, particularly in regards to credit cards. Don’t be afraid to guess, check, and then revise, if necessary.

Use the formula

*I = Prt*as shown in Example 6.

Use the formula

*I = Prt*. For the previous balance method,

*P*is the previous balance; for the adjusted balance method,

*P*is the adjusted balance. For the average daily balance,

*P*is the average daily balance; see Example 7.

See Example 2.

See Example 1 for the monthly payment, and Example 3 for the APR.

See Example 1 for the monthly payment in parts

**a**and

**b**. Use that information to answer parts

**c**and

**d**.