100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
Test Bank for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A. Hummelbrunner Kelly Halliday Ali R. Hassanlou Chapter 1-16$18.48
Add to cart
Test Bank for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A. Hummelbrunner Kelly Halliday Ali R. Hassanlou Chapter 1-16
8 views 0 purchase
Course
Tests Bank
Institution
Tests Bank
Test Bank for Contemporary Business Mathematics with Canadian Applications, 13th Edition by Sieg A. Hummelbrunner Kelly Halliday Ali R. Hassanlou Chapter 1-16
Contemporary Business Mathematics
with Canadian Applications
Thirteenth Edition
S. A. Hummelbrunner
Kelly Halliday
Georgian College
Ali R. Hassanlou
Kwantlen Polytechnic University
ISBN 978-0-13-789687-5
, Contents
PART ONE Mathematics Fundamentals and Business Applications
Chapter 1: Review of Arithmetic
Chapter 2: Review of Basic Algebra
Chapter 3: Ratio, Proportion, and Percent
Chapter 4: Linear Systems
PART TWO Mathematics of Business and Management
Chapter 5: Cost-Volume-Profit Analysis and Break-Even
Chapter 6: Trade Discounts, Cash Discounts, Markup, and Markdown
Chapter 7: Simple Interest
Chapter 8: Simple Interest Applications
PART THREE Mathematics of Finance and Investment
Chapter 9: Compound Interest—Future Value and Present Value
Chapter 10: Compound Interest—Further Topics
Chapter 11: Ordinary Simple Annuities
Chapter 12: Ordinary General Annuities
Chapter 13: Annuities Due, Deferred Annuities, and Perpetuities
Chapter 14: Amortization of Loans, Including Residential Mortgages
Chapter 15: Bond Valuation and Sinking Funds
Chapter 16: Investment Decision Applications
ii
,Chapter 1 Review of Arithmetic
1.1 Basics of Arithmetic
1.1.1 Section Exercises
1) Simplify: (28 - 4)/3
Answer: (28 - 4)/3 = 24/3 = 8
Diff: 1 Type: SA
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
2) Simplify: 8 + 6 ∗ 2
Answer: 8 + 12 = 20
Diff: 1 Type: SA
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
3) Simplify: 5(4 + 3)
Answer: 5 ∗ 7 = 35
Diff: 1 Type: SA
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
4) Simplify:
Answer: 5/20 = .25
Diff: 1 Type: SA
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
5) Simplify:
Answer: 40/20 = 2
Diff: 1 Type: SA
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
6) Simplify: 9(8 - 5) + 5(6 + 4)
Answer: 9 ∗ 3 + 5 ∗ 10 = 27 + 50 = 77
Diff: 1 Type: SA
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
7) Evaluate:
Answer: 268/(4400 ∗ .4262295) = 268/1875.4098 = .1429021
Diff: 2 Type: SA
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
, Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
9) Evaluate: 400(1 + .10 ∗ 100/365)
Answer: 400 ∗ (1 + .10 ∗ .2739726) = 400 ∗ (1 + .02739726) = 400 ∗ (1.02739726) = 410.959
Diff: 2 Type: SA
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
10) Evaluate and round to one decimal place: 9210(5 - 1.38 ∗ 169/420)
Answer: 9210 ∗ (5 - 1.38 ∗ 0.40238095) = 9210 ∗ (5 - 0.5552857) = 9210(4.444714) = 40,935.8
Diff: 2 Type: SA
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
11) Simplify: 6 + -4
A) 46
B) 18
C) 24
D) 4
E) 8
Answer: D
Diff: 1 Type: MC
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
12) Simplify: 10 + -5
A) 2
B) 5
C) 55
D) 7.5
E) 8
Answer: B
Diff: 1 Type: MC
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
13) Calculate the final answer for the following expression:
(53 + 22) ÷ 20
A) 5.45
B) 4.45
C) 6.45
D) 7.45
E) 9.45
Answer: C
Diff: 1 Type: MC
Topic: 1.1 Basics of Arithmetic
Objective: 1-1: Simplify arithmetic expressions using the basic order of operations.
14) Simplify the following:
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller solutions. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $18.48. You're not tied to anything after your purchase.
