Finite Mathematics and Applied Calculus (MindTap Course List)
7th Edition
ISBN: 9781337274203
Author: Stefan Waner, Steven Costenoble
Publisher: Cengage Learning
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Question
Chapter 3.2, Problem 63E
To determine
To calculate: The annual percentage return (assuming annual compounding) if one had bought Apple stock in June and sold in December, table is shown below:
Jan. 10 |
Feb. 10 |
Mar. 10 |
Apr. 10 |
May 10 |
June 10 |
211.98 |
195.46 |
218.95 |
235.97 |
235.86 |
255.96 |
July 10 |
Aug. 10 |
Sep. 10 |
Oct. 10 |
Nov. 10 |
Dec. 10 |
246.94 |
260.09 |
258.77 |
294.07 |
317.13 |
317.44 |
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The table below shows the year open and year closing price of the S&P 500 Stock Index from 2005 to 2020:
Year
Year Open
Year Close
Annual Percent Change
2005
$ 1,202.08
$ 1,248.29
2006
$ 1,268.08
$ 1,418.30
2007
$ 1,416.60
$ 1,468.36
2008
$ 1,447.16
$ 903.25
2009
$ 931.80
$ 1,115.10
2010
$ 1,132.99
$ 1,257.64
2011
$ 1,271.87
$ 1,257.60
2012
$ 1,277.06
$ 1,426.19
2013
$ 1,462.42
$ 1,848.36
2014
$ 1,831.98
$ 2,058.90
2015
$ 2,058.20
$ 2,043.94
2016
$ 2,012.66
$ 2,238.83
2017
$ 2,257.83
$ 2,673.61
2018
$ 2,695.81
$ 2,506.85
2019
$ 2,510.03
$ 3,230.78
2020
$ 3,257.85
$ 3,756.07
Find the annual percent change for the S&P 500 from 2005 to 2020;
(Put those values in the table above)
Compute the mean,…
The table below represents the monthly unemployment rates in the US from January of 2005 through May of 2016.
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2005
5.3%
5.4%
5.2%
5.2%
5.1%
5.0%
5.0%
4.9%
5.0%
5.0%
5.0%
4.9%
2006
4.7%
4.8%
4.7%
4.7%
4.6%
4.6%
4.7%
4.7%
4.5%
4.4%
4.5%
4.4%
2007
4.6%
4.5%
4.4%
4.5%
4.4%
4.6%
4.7%
4.6%
4.7%
4.7%
4.7%
5.0%
2008
5.0%
4.9%
5.1%
5.0%
5.4%
5.6%
5.8%
6.1%
6.1%
6.5%
6.8%
7.3%
2009
7.8%
8.3%
8.7%
9.0%
9.4%
9.5%
9.5%
9.6%
9.8%
10.0%
9.9%
9.9%
2010
9.7%
9.8%
9.9%
9.9%
9.6%
9.4%
9.5%
9.5%
9.5%
9.5%
9.8%
9.4%
2011
9.1%
9.0%
9.0%
9.1%
9.0%
9.1%
9.0%
9.0%
9.0%
8.8%
8.6%
8.5%
2012
8.2%
8.3%
8.2%
8.2%
8.2%
8.2%
8.2%
8.1%
7.8%
7.8%
7.8%
7.9%
2013
7.9%
7.7%
7.5%
7.5%
7.5%
7.5%
7.3%
7.2%…
The following data were taken from Miller Company's balance sheet:
Dec. 31, Year 2
Dec. 31, Year 1
Total liabilities
$150,000
$105,000
Total stockholders' equity
75,000
60,000
a. Compute the ratio of liabilities to stockholders' equity. Round your answers to one decimal place.
Liabilities toStockholders' Equity
12/31/Year 2:
fill in the blank 1
12/31/Year 1:
fill in the blank 2
b. Has the creditors' risk increased or decreased from December 31, Year 1, to December 31, Year 2?
Chapter 3 Solutions
Finite Mathematics and Applied Calculus (MindTap Course List)
Ch. 3.1 - In Exercises 110, compute the simple interest for...Ch. 3.1 - In Exercises 110, compute the simple interest for...Ch. 3.1 - In Exercises 110, compute the simple interest for...Ch. 3.1 - In Exercises 110, compute the simple interest for...Ch. 3.1 - In Exercises 110, compute the simple interest for...Ch. 3.1 - In Exercises 110, compute the simple interest for...Ch. 3.1 - In Exercises 110, compute the simple interest for...Ch. 3.1 - In Exercises 110, compute the simple interest for...Ch. 3.1 - In Exercises 110, compute the simple interest for...Ch. 3.1 - In Exercises 110, compute the simple interest for...
Ch. 3.1 - In Exercises 1116, find the present value of the...Ch. 3.1 - In Exercises 1116, find the present value of the...Ch. 3.1 - In Exercises 1116, find the present value of the...Ch. 3.1 - In Exercises 1116, find the present value of the...Ch. 3.1 - In Exercises 1116, find the present value of the...Ch. 3.1 - In Exercises 1116, find the present value of the...Ch. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - Exercises 2328 are based on the following table,...Ch. 3.1 - Exercises 2328 are based on the following table,...Ch. 3.1 - Exercises 2328 are based on the following table,...Ch. 3.1 - Exercises 2328 are based on the following table,...Ch. 3.1 - Exercises 2328 are based on the following table,...Ch. 3.1 - Exercises 2328 are based on the following table,...Ch. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - Prob. 34ECh. 3.1 - In Exercises 1736, compute the specified quantity....Ch. 3.1 - Prob. 36ECh. 3.1 - Stock Investments Exercises 3742 are based on the...Ch. 3.1 - Stock Investments Exercises 3742 are based on the...Ch. 3.1 - Prob. 39ECh. 3.1 - Prob. 40ECh. 3.1 - Prob. 41ECh. 3.1 - Stock Investments Exercises 3742 are based on the...Ch. 3.1 - Prob. 43ECh. 3.1 - Prob. 44ECh. 3.1 - Prob. 45ECh. 3.1 - Prob. 46ECh. 3.1 - Population Exercises 4348 are based on the...Ch. 3.1 - Prob. 48ECh. 3.1 - Treasury Bills In December 2008 (in the midst of...Ch. 3.1 - Prob. 50ECh. 3.1 - Prob. 51ECh. 3.1 - Treasury Bills At auction on August 18, 2005,...Ch. 3.1 - Prob. 53ECh. 3.1 - Prob. 54ECh. 3.1 - Prob. 55ECh. 3.1 - Prob. 56ECh. 3.1 - Prob. 57ECh. 3.1 - Prob. 58ECh. 3.1 - Prob. 59ECh. 3.1 - Prob. 60ECh. 3.1 - Prob. 61ECh. 3.1 - Prob. 62ECh. 3.2 - In Exercises 110, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 110, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 110, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 110, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 110, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 110, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 110, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 110, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 110, calculate, to the nearest cent,...Ch. 3.2 - Prob. 10ECh. 3.2 - In Exercises 1116, calculate, to the nearest cent,...Ch. 3.2 - Prob. 12ECh. 3.2 - In Exercises 1116, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 1116, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 1116, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 1116, calculate, to the nearest cent,...Ch. 3.2 - In Exercises 1722, find the effective annual...Ch. 3.2 - In Exercises 1722, find the effective annual...Ch. 3.2 - In Exercises 1722, find the effective annual...Ch. 3.2 - In Exercises 1722, find the effective annual...Ch. 3.2 - In Exercises 1722, find the effective annual...Ch. 3.2 - In Exercises 1722, find the effective annual...Ch. 3.2 - Savings You deposit $1,000 in an account at the...Ch. 3.2 - Investments You invest $10,000 in Rapid Growth...Ch. 3.2 - Depreciation: 2008 Financial Crisis During 2008...Ch. 3.2 - Depreciation: 2008 Financial Crisis During 2008...Ch. 3.2 - Bonds You want to buy a 10-year bond with a...Ch. 3.2 - Bonds You want to buy a 15-year bond with a...Ch. 3.2 - Investments When I was considering what to do with...Ch. 3.2 - Investments When I was considering what to do with...Ch. 3.2 - Depreciation During a prolonged recession,...Ch. 3.2 - Prob. 32ECh. 3.2 - Present Value Determine the amount of money, to...Ch. 3.2 - Prob. 34ECh. 3.2 - Stocks Six years ago, I invested some money in...Ch. 3.2 - Sales My recent marketing idea, the Miracle Algae...Ch. 3.2 - Exercises 3742 are based on the following table,...Ch. 3.2 - Prob. 38ECh. 3.2 - Prob. 39ECh. 3.2 - Prob. 40ECh. 3.2 - Prob. 41ECh. 3.2 - Prob. 42ECh. 3.2 - Retirement Planning I want to be earning an annual...Ch. 3.2 - Retirement Planning I want to be earning an annual...Ch. 3.2 - Prob. 45ECh. 3.2 - Inflation...Ch. 3.2 - Inflation Housing prices have been rising 6% per...Ch. 3.2 - Prob. 48ECh. 3.2 - Constant Dollars Inflation is running 3% per year...Ch. 3.2 - Prob. 50ECh. 3.2 - Prob. 51ECh. 3.2 - Prob. 52ECh. 3.2 - Prob. 53ECh. 3.2 - Prob. 54ECh. 3.2 - Inflation Exercises 5562 are based on the...Ch. 3.2 - Inflation Exercises 5562 are based on the...Ch. 3.2 - Prob. 57ECh. 3.2 - Prob. 58ECh. 3.2 - Prob. 59ECh. 3.2 - Prob. 60ECh. 3.2 - Prob. 61ECh. 3.2 - Prob. 62ECh. 3.2 - Prob. 63ECh. 3.2 - Prob. 64ECh. 3.2 - Prob. 65ECh. 3.2 - Prob. 66ECh. 3.2 - Prob. 67ECh. 3.2 - Prob. 68ECh. 3.2 - Prob. 69ECh. 3.2 - Investments Determine when, to the nearest year,...Ch. 3.2 - Prob. 71ECh. 3.2 - Prob. 72ECh. 3.2 - Prob. 73ECh. 3.2 - Bonds Suppose that, in January 2040, you buy a...Ch. 3.2 - Prob. 75ECh. 3.2 - Prob. 76ECh. 3.2 - Prob. 77ECh. 3.2 - Prob. 78ECh. 3.2 - Prob. 79ECh. 3.2 - Prob. 80ECh. 3.2 - Prob. 81ECh. 3.2 - Prob. 82ECh. 3.2 - Prob. 83ECh. 3.2 - Prob. 84ECh. 3.2 - Prob. 85ECh. 3.2 - Prob. 86ECh. 3.3 - In Exercises 16, find the amount accumulated in...Ch. 3.3 - In Exercises 16, find the amount accumulated in...Ch. 3.3 - In Exercises 16, find the amount accumulated in...Ch. 3.3 - Prob. 4ECh. 3.3 - In Exercises 16, find the amount accumulated in...Ch. 3.3 - In Exercises 16, find the amount accumulated in...Ch. 3.3 - In Exercises 712, find the periodic payments...Ch. 3.3 - Prob. 8ECh. 3.3 - In Exercises 712, find the periodic payments...Ch. 3.3 - Prob. 10ECh. 3.3 - In Exercises 712, find the periodic payments...Ch. 3.3 - In Exercises 712, find the periodic payments...Ch. 3.3 - In Exercises 1318, find the present value of the...Ch. 3.3 - In Exercises 1318, find the present value of the...Ch. 3.3 - In Exercises 1318, find the present value of the...Ch. 3.3 - Prob. 16ECh. 3.3 - In Exercises 1318, find the present value of the...Ch. 3.3 - In Exercises 1318, find the present value of the...Ch. 3.3 - In Exercises 1924, find the periodic withdrawals...Ch. 3.3 - In Exercises 1924, find the periodic withdrawals...Ch. 3.3 - In Exercises 1924, find the periodic withdrawals...Ch. 3.3 - In Exercises 1924, find the periodic withdrawals...Ch. 3.3 - In Exercises 1924, find the periodic withdrawals...Ch. 3.3 - In Exercises 1924, find the periodic withdrawals...Ch. 3.3 - In Exercises 2532, determine the periodic payments...Ch. 3.3 - In Exercises 2532, determine the periodic payments...Ch. 3.3 - In Exercises 2532, determine the periodic payments...Ch. 3.3 - Prob. 28ECh. 3.3 - In Exercises 2532, determine the periodic payments...Ch. 3.3 - Prob. 30ECh. 3.3 - In Exercises 2532, determine the periodic payments...Ch. 3.3 - Prob. 32ECh. 3.3 - In Exercises 3338, determine the outstanding...Ch. 3.3 - Prob. 34ECh. 3.3 - In Exercises 3338, determine the outstanding...Ch. 3.3 - Prob. 36ECh. 3.3 - In Exercises 3338, determine the outstanding...Ch. 3.3 - Prob. 38ECh. 3.3 - In Exercises 3944, determine the selling price,...Ch. 3.3 - Prob. 40ECh. 3.3 - Prob. 41ECh. 3.3 - Prob. 42ECh. 3.3 - Prob. 43ECh. 3.3 - Prob. 44ECh. 3.3 - Retirement Plans and Trusts Exercises 4554 are...Ch. 3.3 - Prob. 46ECh. 3.3 - Retirement Plans and Trusts Exercises 4554 are...Ch. 3.3 - Retirement Plans and Trusts Exercises 4554 are...Ch. 3.3 - Retirement Plans and Trusts Exercises 4554 are...Ch. 3.3 - Retirement Plans and Trusts Exercises 4554 are...Ch. 3.3 - Retirement Plans and Trusts Exercises 4554 are...Ch. 3.3 - Retirement Plans and Trusts Exercises 4554 are...Ch. 3.3 - Retirement Plans and Trusts Exercises 4554 are...Ch. 3.3 - Retirement Plans and Trusts Exercises 4554 are...Ch. 3.3 - Pensions Your pension plan is an annuity with a...Ch. 3.3 - Pensions Jennifers pension plan is an annuity with...Ch. 3.3 - Prob. 57ECh. 3.3 - Pensions Megs pension plan is an annuity with a...Ch. 3.3 - Life Insurance Exercises 5964 are based on the...Ch. 3.3 - Life Insurance Exercises 5964 are based on the...Ch. 3.3 - Life Insurance Exercises 5964 are based on the...Ch. 3.3 - Prob. 62ECh. 3.3 - Life Insurance Exercises 5964 are based on the...Ch. 3.3 - Life Insurance Exercises 5964 are based on the...Ch. 3.3 - Prob. 65ECh. 3.3 - Prob. 66ECh. 3.3 - Prob. 67ECh. 3.3 - Prob. 68ECh. 3.3 - Exercises 6576 are based on the following table,...Ch. 3.3 - Prob. 70ECh. 3.3 - Exercises 6576 are based on the following table,...Ch. 3.3 - Exercises 6576 are based on the following table,...Ch. 3.3 - Exercises 6576 are based on the following table,...Ch. 3.3 - Exercises 6576 are based on the following table,...Ch. 3.3 - Prob. 75ECh. 3.3 - Prob. 76ECh. 3.3 - Car Loans While shopping for a car loan, you get...Ch. 3.3 - Business Loans You need to take out a loan of...Ch. 3.3 - Prob. 79ECh. 3.3 - Prob. 80ECh. 3.3 - Prob. 81ECh. 3.3 - Note: In Exercises 81 and 82 we suggest the use of...Ch. 3.3 - Prob. 83ECh. 3.3 - Prob. 84ECh. 3.3 - Prob. 85ECh. 3.3 - Prob. 86ECh. 3.3 - In Exercises 8390, use a time value of money...Ch. 3.3 - Prob. 88ECh. 3.3 - Prob. 89ECh. 3.3 - In Exercises 8390, use a time value of money...Ch. 3.3 - Prob. 91ECh. 3.3 - Prob. 92ECh. 3.3 - Prob. 93ECh. 3.3 - Prob. 94ECh. 3.3 - Prob. 95ECh. 3.3 - Prob. 96ECh. 3.3 - Prob. 97ECh. 3.3 - Prob. 98ECh. 3.3 - Prob. 99ECh. 3.3 - Prob. 100ECh. 3 - In Exercises 16, find the future value of the...Ch. 3 - Prob. 2RECh. 3 - Prob. 3RECh. 3 - Prob. 4RECh. 3 - Prob. 5RECh. 3 - Prob. 6RECh. 3 - Prob. 7RECh. 3 - Prob. 8RECh. 3 - Prob. 9RECh. 3 - Prob. 10RECh. 3 - Prob. 11RECh. 3 - Prob. 12RECh. 3 - Prob. 13RECh. 3 - In Exercises 1318, find the amounts indicated. The...Ch. 3 - Prob. 15RECh. 3 - Prob. 16RECh. 3 - Prob. 17RECh. 3 - Prob. 18RECh. 3 - Prob. 19RECh. 3 - Prob. 20RECh. 3 - Prob. 21RECh. 3 - Prob. 22RECh. 3 - Prob. 23RECh. 3 - Prob. 24RECh. 3 - How much would you pay for a $10,000, 5-year, 6%...Ch. 3 - Prob. 26RECh. 3 - Prob. 27RECh. 3 - Prob. 28RECh. 3 - Stock Investments Exercises 2934 are based on the...Ch. 3 - Prob. 30RECh. 3 - Prob. 31RECh. 3 - Prob. 32RECh. 3 - Prob. 33RECh. 3 - Prob. 34RECh. 3 - Prob. 35RECh. 3 - Prob. 36RECh. 3 - Prob. 37RECh. 3 - Prob. 38RECh. 3 - Prob. 39RECh. 3 - Prob. 40RECh. 3 - Prob. 41RECh. 3 - Prob. 42RECh. 3 - Prob. 43RECh. 3 - Prob. 44RECh. 3 - Prob. 45RECh. 3 - Prob. 46RECh. 3 - Prob. 47RECh. 3 - Prob. 48RECh. 3 - Prob. 49RECh. 3 - Retirement Planning OHaganBooks.com has just...Ch. 3 - Prob. 51RECh. 3 - Prob. 52RECh. 3 - Prob. 53RECh. 3 - Prob. 54RECh. 3 - Prob. 55RECh. 3 - Prob. 56RE
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