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 11, Problem 20ECP
To determine

Tina’s loan request and the effective rate of interest to receive a loan of $2,000 for 8 months at 9% discount rate.

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Chapter 11 Solutions

Practical Business Math Procedures

Ch. 11.1 - Warren Ford borrowed $12,000 on a...Ch. 11.1 - Jane Long buys a $10,000, 13-week Treasury bill at...Ch. 11.1 - Warren Ford borrowed $14,000 on a...Ch. 11.1 - Prob. 2EPQCh. 11.1 - Prob. 1AHCh. 11.1 - Prob. 2AHCh. 11.1 - Prob. 3AHCh. 11.1 - Prob. 4AHCh. 11.1 - Prob. 5AHCh. 11.1 - Prob. 6AH
Ch. 11.1 - Prob. 7AHCh. 11.1 - Prob. 8AHCh. 11.1 - Prob. 9AHCh. 11.1 - Prob. 10AHCh. 11.1 - Prob. 11AHCh. 11.2 - Prob. 1PQCh. 11.2 - Prob. 1EPQCh. 11.2 - Prob. 1AHCh. 11.2 - Prob. 2AHCh. 11.2 - Prob. 3AHCh. 11.2 - Prob. 4AHCh. 11.2 - Prob. 5AHCh. 11.2 - Prob. 6AHCh. 11.2 - Prob. 7AHCh. 11.2 - Prob. 8AHCh. 11.2 - Prob. 9AHCh. 11.2 - Prob. 10AHCh. 11.2 - Prob. 11AHCh. 11.2 - Prob. 12AHCh. 11 - Prob. 1ECPCh. 11 - Prob. 2ECPCh. 11 - Prob. 3ECPCh. 11 - Prob. 4ECPCh. 11 - Prob. 5ECPCh. 11 - Solve for maturity value, discount period, bank...Ch. 11 - Calculate the effective rate of interest (to the...Ch. 11 - Carl Sonntag wanted to compare what proceeds he...Ch. 11 - Bill Blank signed an $8,000 note at Citizen’s...Ch. 11 - You were offered the opportunity to issue either a...Ch. 11 - Prob. 11ECPCh. 11 - The Treasury Department auctioned $21 billion in...Ch. 11 - There are some excellent free personal finance...Ch. 11 - Prob. 14ECPCh. 11 - Rex Corporation accepted a $5,000, 8%, 120-day...Ch. 11 - Prob. 16ECPCh. 11 - Prob. 17ECPCh. 11 - Prob. 18ECPCh. 11 - Assume that 3-month Treasury bills totaling $12...Ch. 11 - Tina Mier must pay a $2,000 furniture bill. A...Ch. 11 - On December 12, Lowell Corporation accepted a...Ch. 11 - Prob. 2PTCh. 11 - On July 14, Gracie Paul accepted a $60,000, 6%,...Ch. 11 - Lee.com accepted a $70,000, , 120-day note on July...Ch. 11 - Prob. 5PTCh. 11 - Prob. 6PT
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