Practical Business Math Procedures
Practical Business Math Procedures
12th Edition
ISBN: 9781259540554
Author: Jeffrey Slater, Sharon Wittry
Publisher: McGraw-Hill Education
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Concept explainers

Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 …
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experime…
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Chapter 12.1, Problem 1PQ
To determine

The number of periods to be compounded, compounded amount, and total interest.

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Chapter 12 Solutions

Practical Business Math Procedures

Ch. 12.1 - Complete the following without a table (round each...Ch. 12.1 - Prob. 2PQCh. 12.1 - Prob. 3PQCh. 12.1 - Prob. 4PQCh. 12.1 - Calculate by Table 12.2 what $1,500 compounded...Ch. 12.1 - Prob. 1EPQCh. 12.1 - Prob. 2EPQCh. 12.1 - Lionel Rodgers deposits $7,000 in Victory Bank,...Ch. 12.1 - Find the effective rate (APY) for the year:...Ch. 12.1 - Prob. 5EPQ
Ch. 12.1 - Prob. 1AHCh. 12.1 - Prob. 2AHCh. 12.1 - Prob. 3AHCh. 12.1 - Prob. 4AHCh. 12.1 - Prob. 5AHCh. 12.1 - Prob. 6AHCh. 12.1 - Prob. 7AHCh. 12.1 - Eileen Hogarty deposits $5,630 in City Bank, which...Ch. 12.1 - Prob. 9AHCh. 12.1 - Prob. 10AHCh. 12.1 - Prob. 11AHCh. 12.1 - Prob. 12AHCh. 12.1 - Prob. 13AHCh. 12.2 - Prob. 1PQCh. 12.2 - Prob. 2PQCh. 12.2 - Bill Blum needs $20,000 6 years from today to...Ch. 12.2 - Prob. 4PQCh. 12.2 - Prob. 1EPQCh. 12.2 - Prob. 2EPQCh. 12.2 - Prob. 3EPQCh. 12.2 - Prob. 4EPQCh. 12.2 - Prob. 1AHCh. 12.2 - Prob. 2AHCh. 12.2 - Prob. 3AHCh. 12.2 - Prob. 4AHCh. 12.2 - Prob. 5AHCh. 12.2 - Prob. 6AHCh. 12.2 - Prob. 7AHCh. 12.2 - Prob. 8AHCh. 12.2 - Prob. 9AHCh. 12.2 - Prob. 10AHCh. 12.2 - Prob. 11AHCh. 12.2 - Prob. 12AHCh. 12.2 - Prob. 13AHCh. 12.2 - Prob. 14AHCh. 12 - Prob. 1ECPCh. 12 - Prob. 2ECPCh. 12 - Prob. 3ECPCh. 12 - Prob. 4ECPCh. 12 - Calculate the effective rate (APY) of interest for...Ch. 12 - Prob. 6ECPCh. 12 - Prob. 7ECPCh. 12 - Prob. 8ECPCh. 12 - Prob. 9ECPCh. 12 - Prob. 10ECPCh. 12 - Prob. 11ECPCh. 12 - Prob. 12ECPCh. 12 - Lynn Ally, owner of a local Subway shop, loaned...Ch. 12 - Prob. 14ECPCh. 12 - Melvin Indecision has difficulty deciding whether...Ch. 12 - Prob. 16ECPCh. 12 - Lee Wills loaned Audrey Chin $16,000 to open Snip...Ch. 12 - Jazelle Momba wants to visit her family in...Ch. 12 - Prob. 19ECPCh. 12 - Prob. 20ECPCh. 12 - Prob. 21ECPCh. 12 - Prob. 22ECPCh. 12 - Prob. 23ECPCh. 12 - Prob. 24ECPCh. 12 - Prob. 25ECPCh. 12 - Prob. 26ECPCh. 12 - Prob. 27ECPCh. 12 - Earl Ezekiel wants to retire in San Diego when he...Ch. 12 - Jackie Rich would like to buy a $26,995 Toyota...Ch. 12 - Treasure Mountain International School in Park...Ch. 12 - Pete’s Real Estate is currently valued at $65,000....Ch. 12 - You are the financial planner for Johnson...Ch. 12 - Lorna Ray, owner of a Starbucks franchise, loaned...Ch. 12 - Joe Beary wants to attend Riverside College. Eight...Ch. 12 - Shelley Katz deposited $30,000 in a savings...Ch. 12 - Earl Miller, owner of a Papa Gino’s franchise,...Ch. 12 - Minnie Rose deposited $16,000 in Street Bank at 6%...Ch. 12 - Lou Ling, owner of Lou’s Lube, estimates that he...Ch. 12 - Bernie Long wants to retire to California when she...Ch. 12 - Jim Jones deposited $19,000 in a savings account...
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