Finite Mathematics and Calculus with Applications
1st Edition
ISBN: 9781323188361
Author: Margaret Lial
Publisher: Pearson Education
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Chapter 5.1, Problem 61E
To determine
To find: The top numbers from each category.
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Often lottery winnings are divided into equal payments given annually for 20 – 25 years. So the present value of the winnings is worth less than the actual jackpot, depending on the rate at
which money could be invested. Find the present value in dollars using the given conditions.
Complete the table for each amount, interest rate, and number of payments.
Jackpot Amount
Interest Rate
Equal Annual Payments Present Value (in dollars)
$7,000,000
8%
20
$7,000,000
14%
20
$4
$7,000,000
8%
25
$
$7,000,000
14%
25
(Round to the nearest dollar as needed.)
Perform a vertical analysis for the balance sheet entry "Accounts Payable" given below (as a %). (Round your answer to one decimal place.)
Liabilities and Owner's Equity
Current Liabilities
%
Accounts Payable
$11,200
Enter a number.
Salaries Payable
3,200
Taxes Payable
4,000
Total Current Liabilities
18,400
Long-Term Liabilities
Debenture Bond
17,000
Total Liabilities
35,400
Stockholder's Equity
Retained Earnings
49,000
Total Liabilities and Stockholder's Equity
$84,400
Submit Answer
65,000; 30 years; 6 1/2% at 6.32a month
Chapter 5 Solutions
Finite Mathematics and Calculus with Applications
Ch. 5.1 - Find the maturity value for a 3000 loan at 5.8%...Ch. 5.1 - Prob. 2YTCh. 5.1 - Prob. 3YTCh. 5.1 - Prob. 4YTCh. 5.1 - Prob. 5YTCh. 5.1 - Prob. 6YTCh. 5.1 - Prob. 7YTCh. 5.1 - Prob. 8YTCh. 5.1 - Prob. 1WECh. 5.1 - Prob. 2WE
Ch. 5.1 - Prob. 3WECh. 5.1 - Prob. 4WECh. 5.1 - Prob. 1ECh. 5.1 - Prob. 2ECh. 5.1 - Prob. 3ECh. 5.1 - Prob. 4ECh. 5.1 - Prob. 5ECh. 5.1 - Prob. 6ECh. 5.1 - Prob. 7ECh. 5.1 - Prob. 8ECh. 5.1 - Prob. 9ECh. 5.1 - Prob. 10ECh. 5.1 - Prob. 11ECh. 5.1 - Prob. 12ECh. 5.1 - Prob. 13ECh. 5.1 - Prob. 14ECh. 5.1 - Prob. 15ECh. 5.1 - Prob. 16ECh. 5.1 - What is the difference between t and n?Ch. 5.1 - Prob. 18ECh. 5.1 - Prob. 19ECh. 5.1 - Prob. 20ECh. 5.1 - Prob. 21ECh. 5.1 - Prob. 22ECh. 5.1 - Prob. 23ECh. 5.1 - Prob. 24ECh. 5.1 - Prob. 25ECh. 5.1 - Prob. 26ECh. 5.1 - Prob. 27ECh. 5.1 - Prob. 28ECh. 5.1 - Prob. 29ECh. 5.1 - Prob. 30ECh. 5.1 - Prob. 31ECh. 5.1 - Prob. 32ECh. 5.1 - Prob. 33ECh. 5.1 - Prob. 34ECh. 5.1 - Find the present value (the amount that should be...Ch. 5.1 - Prob. 36ECh. 5.1 - Prob. 37ECh. 5.1 - Prob. 38ECh. 5.1 - Prob. 39ECh. 5.1 - Prob. 40ECh. 5.1 - Prob. 41ECh. 5.1 - Prob. 42ECh. 5.1 - Prob. 43ECh. 5.1 - Prob. 44ECh. 5.1 - Prob. 45ECh. 5.1 - Prob. 46ECh. 5.1 - For each of the following amounts at the given...Ch. 5.1 - Prob. 48ECh. 5.1 - Prob. 49ECh. 5.1 - Prob. 50ECh. 5.1 - Prob. 51ECh. 5.1 - Prob. 52ECh. 5.1 - Prob. 53ECh. 5.1 - Prob. 54ECh. 5.1 - Prob. 55ECh. 5.1 - Prob. 56ECh. 5.1 - Prob. 57ECh. 5.1 - Prob. 58ECh. 5.1 - Prob. 59ECh. 5.1 - Prob. 60ECh. 5.1 - Prob. 61ECh. 5.1 - Prob. 62ECh. 5.1 - Prob. 63ECh. 5.1 - Prob. 64ECh. 5.1 - Savings On January 1, 2010, Jack deposited 1000...Ch. 5.1 - Savings Eric deposits 100 into a savings account...Ch. 5.1 - Interest Bruce and Robbie each open new bank...Ch. 5.1 - Prob. 68ECh. 5.1 - Effective Rate In 2014, the Home Savings Bank paid...Ch. 5.1 - Prob. 70ECh. 5.1 - Prob. 71ECh. 5.1 - Prob. 72ECh. 5.1 - Prob. 73ECh. 5.1 - Prob. 74ECh. 5.1 - Prob. 75ECh. 5.1 - Prob. 76ECh. 5.1 - Prob. 77ECh. 5.1 - Prob. 78ECh. 5.1 - Prob. 79ECh. 5.1 - Prob. 80ECh. 5.2 - Prob. 1YTCh. 5.2 - Prob. 2YTCh. 5.2 - Prob. 3YTCh. 5.2 - Prob. 4YTCh. 5.2 - Prob. 1WECh. 5.2 - Prob. 2WECh. 5.2 - Prob. 1ECh. 5.2 - Prob. 2ECh. 5.2 - Prob. 3ECh. 5.2 - Prob. 4ECh. 5.2 - Prob. 5ECh. 5.2 - Prob. 6ECh. 5.2 - Prob. 7ECh. 5.2 - Prob. 8ECh. 5.2 - Prob. 9ECh. 5.2 - Prob. 10ECh. 5.2 - Prob. 11ECh. 5.2 - Prob. 12ECh. 5.2 - Prob. 13ECh. 5.2 - Prob. 14ECh. 5.2 - Explain how a geometric sequence is related to an...Ch. 5.2 - Prob. 16ECh. 5.2 - Prob. 17ECh. 5.2 - Prob. 18ECh. 5.2 - Prob. 19ECh. 5.2 - Prob. 20ECh. 5.2 - Find the future value of each ordinary annuity, if...Ch. 5.2 - Prob. 22ECh. 5.2 - Prob. 23ECh. 5.2 - Prob. 24ECh. 5.2 - Prob. 25ECh. 5.2 - Prob. 26ECh. 5.2 - Prob. 27ECh. 5.2 - Prob. 28ECh. 5.2 - Prob. 31ECh. 5.2 - Prob. 32ECh. 5.2 - Prob. 33ECh. 5.2 - Prob. 34ECh. 5.2 - Prob. 35ECh. 5.2 - Prob. 36ECh. 5.2 - Prob. 37ECh. 5.2 - Prob. 38ECh. 5.2 - Prob. 39ECh. 5.2 - Prob. 40ECh. 5.2 - Prob. 41ECh. 5.2 - Prob. 42ECh. 5.2 - Prob. 43ECh. 5.2 - Prob. 44ECh. 5.2 - Prob. 45ECh. 5.2 - Prob. 46ECh. 5.2 - Business and Economics 47. Comparing Accounts...Ch. 5.2 - Prob. 48ECh. 5.2 - Prob. 49ECh. 5.2 - Prob. 50ECh. 5.2 - Retirement Planning At the end of each quarter, a...Ch. 5.2 - Prob. 52ECh. 5.2 - Prob. 53ECh. 5.2 - Prob. 54ECh. 5.2 - Prob. 55ECh. 5.2 - Prob. 56ECh. 5.2 - Prob. 57ECh. 5.2 - Prob. 58ECh. 5.2 - Prob. 59ECh. 5.2 - Prob. 60ECh. 5.2 - Prob. 61ECh. 5.2 - Savings Nic Daubenmire deposits 10,000 at the...Ch. 5.2 - In Exercises 63 and 64, use a graphing calculator...Ch. 5.2 - Prob. 64ECh. 5.2 - Lottery In a 1992 Virginia lottery, the jackpot...Ch. 5.2 - Buying Real Estate Erin DAquanni sells some land...Ch. 5.2 - Prob. 67ECh. 5.2 - Prob. 68ECh. 5.3 - Prob. 1YTCh. 5.3 - Prob. 2YTCh. 5.3 - Prob. 3YTCh. 5.3 - Prob. 4YTCh. 5.3 - Prob. 1WECh. 5.3 - Prob. 2WECh. 5.3 - Prob. 1ECh. 5.3 - Prob. 2ECh. 5.3 - Prob. 3ECh. 5.3 - Prob. 4ECh. 5.3 - Prob. 5ECh. 5.3 - Prob. 6ECh. 5.3 - Prob. 7ECh. 5.3 - Prob. 8ECh. 5.3 - Prob. 9ECh. 5.3 - Prob. 10ECh. 5.3 - Prob. 11ECh. 5.3 - Prob. 12ECh. 5.3 - Find (a) the payment necessary to amortize each...Ch. 5.3 - Prob. 14ECh. 5.3 - Prob. 15ECh. 5.3 - Prob. 16ECh. 5.3 - Prob. 17ECh. 5.3 - Prob. 18ECh. 5.3 - Prob. 19ECh. 5.3 - Prob. 20ECh. 5.3 - Prob. 21ECh. 5.3 - Prob. 22ECh. 5.3 - Prob. 23ECh. 5.3 - Prob. 24ECh. 5.3 - Prob. 25ECh. 5.3 - Prob. 26ECh. 5.3 - Prob. 27ECh. 5.3 - Prob. 28ECh. 5.3 - Prob. 29ECh. 5.3 - Prob. 30ECh. 5.3 - Suppose that in the loans described in Exercises...Ch. 5.3 - Prob. 32ECh. 5.3 - Prob. 33ECh. 5.3 - Suppose that in the loans described in Exercises...Ch. 5.3 - Prob. 35ECh. 5.3 - Prob. 36ECh. 5.3 - Prob. 37ECh. 5.3 - Prob. 38ECh. 5.3 - Prob. 39ECh. 5.3 - New Car Financing In 2014, some dealers offered...Ch. 5.3 - Prob. 41ECh. 5.3 - Prob. 42ECh. 5.3 - Prob. 43ECh. 5.3 - Prob. 44ECh. 5.3 - Prob. 45ECh. 5.3 - Prob. 46ECh. 5.3 - Prob. 47ECh. 5.3 - Prob. 48ECh. 5.3 - House Payments Jason Hoffa buys a house for...Ch. 5.3 - Prob. 50ECh. 5.3 - Refinancing a Mortgage Fifteen years ago. the...Ch. 5.3 - Prob. 52ECh. 5.3 - Prob. 53ECh. 5.3 - A loan of 37,948 with interest at 6.5% compounded...Ch. 5.3 - Prob. 55ECh. 5.3 - Prob. 56ECh. 5.3 - Prob. 57ECh. 5 - Determine whether each of the following statements...Ch. 5 - Prob. 2RECh. 5 - Prob. 3RECh. 5 - Prob. 4RECh. 5 - Prob. 5RECh. 5 - Prob. 6RECh. 5 - Determine whether each of the following statements...Ch. 5 - Prob. 8RECh. 5 - Prob. 9RECh. 5 - Prob. 10RECh. 5 - Prob. 11RECh. 5 - Prob. 12RECh. 5 - Prob. 13RECh. 5 - Prob. 14RECh. 5 - Prob. 15RECh. 5 - Prob. 16RECh. 5 - Prob. 17RECh. 5 - Prob. 18RECh. 5 - Prob. 19RECh. 5 - Prob. 20RECh. 5 - Prob. 21RECh. 5 - Prob. 22RECh. 5 - Prob. 23RECh. 5 - Prob. 24RECh. 5 - Prob. 25RECh. 5 - Prob. 26RECh. 5 - Prob. 27RECh. 5 - Prob. 28RECh. 5 - Prob. 29RECh. 5 - Prob. 30RECh. 5 - Prob. 31RECh. 5 - Prob. 32RECh. 5 - Prob. 33RECh. 5 - Prob. 34RECh. 5 - Prob. 35RECh. 5 - Prob. 36RECh. 5 - Prob. 37RECh. 5 - Prob. 38RECh. 5 - Prob. 39RECh. 5 - Prob. 40RECh. 5 - Prob. 41RECh. 5 - Prob. 42RECh. 5 - Prob. 43RECh. 5 - Prob. 44RECh. 5 - Prob. 45RECh. 5 - Prob. 46RECh. 5 - Prob. 47RECh. 5 - Prob. 48RECh. 5 - Prob. 49RECh. 5 - Prob. 50RECh. 5 - Prob. 51RECh. 5 - Prob. 52RECh. 5 - Prob. 53RECh. 5 - Prob. 54RECh. 5 - Prob. 55RECh. 5 - Prob. 56RECh. 5 - Prob. 57RECh. 5 - Prob. 58RECh. 5 - Prob. 59RECh. 5 - Prob. 60RECh. 5 - Prob. 61RECh. 5 - Prob. 62RECh. 5 - Prob. 63RECh. 5 - Prob. 64RECh. 5 - Prob. 65RECh. 5 - Prob. 66RECh. 5 - Business Investment A developer deposits 84,720...Ch. 5 - Prob. 68RECh. 5 - Prob. 69RECh. 5 - Prob. 70RECh. 5 - Prob. 71RECh. 5 - Prob. 72RECh. 5 - Prob. 73RECh. 5 - Prob. 74RECh. 5 - Prob. 75RECh. 5 - Prob. 76RECh. 5 - Prob. 77RECh. 5 - New Car In Spring 2014, some dealers offered a...Ch. 5 - Prob. 79RECh. 5 - Prob. 80RECh. 5 - Prob. 81RE
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