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    3 views1 page

    CH 4

    Uploaded by

    Prashant KC

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
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    of 1

    Answers to Selected Problems

    Chapter 4:

    4.1: Simple interest: N = 11.11 years


    Compound interest: N = 9.01 years

    4.5: P = $7,472.58
    4.7(d): F = $30,073
    4.9(b): F = $11,025
    4.13: P = $109,446
    4.19(d): A = $675
    4.22(d): A = $6,572.79
    4.26: F = $27,529.34
    4.35: P = $824.12
    4.40: (a)
    4.45: (2), (4), and (6)
    4.49: (b)
    4.52: 92.35%

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