Section PF.7 – Solutions to the Practice Problems


  1. $2096.25
  2. $6.88
  3. $77,040.00
  4. $24,787.50
  5. $13,227.50, $227.50
  6. $2,727.27
  7. $1,390.89
  8. $1,052.63
  9. 25%
  10. 60%
  11. 7.5%
  12. 3.6 years
  13. $1.8 years
  14. 10.7 years
  15. 27.8 years
  16. 46.5 years
  17. 19.6 years
  18. 40%
  19. 200%
  20. 136.875%

License

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College Mathematics - MAT14X - 3rd Edition Copyright © by Adam Avilez; Shelley Ceinaturaga; and Terri D. Levine is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License, except where otherwise noted.