Chapter 1 Review

1.1 Functions, Domain, and Range 1.2 Functions and Function Notation
6. Find f3) for each function. Sketch a graph
1. Does each graph represent a function? of each function.
Justify your answer 7x-5
a)fx) =

a) b)Ax) =-1

c)x) =
4x2 12x +9
d)fx) = 2(x-3(x + 1)
x

/y 2x-4 7. Display each set of data in a mapping

diagram. State whether each relation is a
function. Justify your answer.

a) {(-7, 8), (-5, 7), (-3, 6), (-1, 3),

(1, 1), (3, 6)}
b)| 6 b) {(2, 1). (3, 2), (4, 3), (3, 4), (2, 3).
x (y-3)?+2
(1, 2)}
4-

8. Consider this rectangular swimming pool.

A 432 ft2

2. The domain and range of some relations

e= 5x- 1 ft
are given. Each relation consists of only
four points. Is each relation a function?
432
a) What does the expression 5x-1
Explain.
represent in this situation?
a)domain {0, 1,2,3}, range {9}
b) State the domain and range for the
b) domain {-5}, range {8, 9, 10, 11}
expression in part a).
3. Determine the domain and the range of c) Does the expression in part a) represent
each function. a function? Justify your answer.
2
a)y=-(x-3) +
d) Determine the width of the pool when
b) y = v4-3x the length is 24 ft.

4. For the given domain and range, draw one
relation that is a function and one that is
not. Use the same set of axes.
domain {x e R, x2 -4),
rangely e R, y2 1}
5. Determine the range of each function for
thedomain {-2,-1,0, 1, 2}.
1.3 Maximum or Minimum of a
Quadratic Function
9. Determine the vertex of each quadratic
function by completing the square. State if
the vertex is a minimunm or a maximum.
a))=-3- 18x + 2

4x +3 b)x) =
4x + 12x + 7
a)y =

b)y 2x2-7 ) + 3x + 10

24
10. e partial factoring to determine the
vertex of cach function. State if the vertex
1s a minmum of a maximum.
a)x)= 6x - 6x
b)fx)-sr+r+
11. The monthly profit. P(x).
ofa sportswear
company. in thousands of dollars is
represented by the quadratic function
Px) =-3x2+ 18x-2. where x is the
amount spent on advertising. in thousands
of dollars.
a) Determine the company's maximum
monthly profit.
b) Determine the amount spent on
advertising to achieve the maximum
profit.
1.4 Skills You Need: Working With
Radicals
12. Express as a mixed radical in simplest form.
a) V147
b)v60
13. Simplify
a)-317 +6v3 813 +9V7-417
b) 7w24+3/28 +954 + 6V175
c) 2v112 -3V18-2V175 98
d)2v6(3v6-5v8)
e)8V6(32-43-26)
9(25-32MV5+ 212)
8)V180 9245+ 405
14. Find the area of this square.
48
1.5 Solving Quadratic Equations
15. Solve 18x2-3x-1 = 0 by factoring.
16. Use the quadratic formula to solve
2x2-6x +1 = 0. Give exact answers.
17.Use the discriminant to determine the
number of roots for 1.8x-2-1 = 0.
18. A farmer enclosed a rectangular field
with 400 m of fencing. The area of
the field is 9000 m2. Determine the
dimensions of the field.
1.6 Determine a Quadratic Equation
Given Its Roots
19. Wrte the equation for each quadratic
function given the x-intercepts and the
coordinates of a point on the parabola.
Express the function in standard form.
a) x-intercepts: and- point:(0,45)
b) x-intercepts: 5 t 3, point: (4, 2)
20. A small rocket is launched. It reaches
a maximum height of 120 m and lands
10 m from the launching pad. Assume the
rocket follows a parabolic path. Write the
equation that describes its height, h metres,
as a function of its horizontal distance, x
metres, from the launching pad.
21. Write the equation of a quadratic function
with only one r-intercept, at-1, that passes
through the point (0, 5).
1.7 Solve Linear-Quadratic Systems
22. Determine algebraically the coordinates
of the point(s) of intersection of
y=-2x +x-2 and y = 4x-7.
23. Determine the number of points of
intersection of y = x- x + 5 and
y= Sx-4.
24. Determine the y-intercept of a line that
has slope 7, and that is tangent to
Sx)=4x2-x+ 1.
25. A parachutist jumps from an airplane
and immediately opens her parachute.
Her altitude in metres, after t seconds, is
modelled by the equation
y=-1lt +500. Asecond parachutist
jumps 5 s later and freefalls for a few
seconds. His altitude during this time is
modelled by the equation
y-4.t-4 +500. When does he
catch up to the first parachutist?
25
Chapter 2 Review
2.1 Functions and
Equivalent 8x-3
Algebraic Expressions d)-7x + 12 - 4
1. Determine if the functions in each pair ex+3 -9
are equivalent. 10x-20
a)fx)=-4(x2 + x-2) + (2x-3, +7x +10 x-4
gx) = x - 16x + 17 2.3 Horizontal and Vertical
b)fx) = 5(x2 + 2x-3)-(2x+5Xx + 1), Translations of Functions
g(x)= 7xd + 13x -20 6. Use the base function fx) = x. Write
c)x) = (x + 5-2(3-x)(x + 1). the equation for each transformed
g(x)= -2(-r* +4x -8) + (x + 4) function.
a) s(x) =fx + 2)-8
2. State the restrictions on flx). Then
determine whether g(x) is the simplified b) r(x) =fx-5) + 1
version of Sx). If not, determine the
proper simplified version. 7. Repeat question 6 for each base
a)x) = r + 10*- gx) =
&x) = 2ZA+3
* function.
4x-x X
)Ax) = x2 ii)fx) =
b)Sx)= S 1 2 - 8
b)flx) 4x2-8x str)= 2x 4+1
8. Each graph represents a transformation
3. Simplify each expression and state any one of the base functions flx) = x,
restrictions on x. Ax) = xfx) = T, or Sx) = State
x+8 the base function and the equation of
a 10x + 16 the transformed function.
8x-6x-9
D 4x2 +27x + 18 a)
2.2 Skills You Need: perations With
Rational Expressions
4. Simplify and state any restrictions.
a) 64a-b 63a'b
-10-
a)21ab 8ab
b)4ab81c2
1084b
U8a

45c
c) x
8
d) 2x- 15 *
V
b)
X-32x-6
1)n 1x+24.
+2x-3
5. Simplify and state any restrictions.
-4-2 2 4

b2-a 7+b
b)6ab 0 12b2
b)ab
C - x+2

52
2.4 Reflections of Functions
b)gtx)= ksx)-3
9. Determine if glx) is a reflection of flx). c) glx) =f x +9) + 8
Justify your answer.
d)gx)=sx)+ 10
a)x)= vx - 13 +6 gx)=-V13-x-6
r2-2 14. Given each base function fx), write the
b) fx) =
sx)= x*-2
equation of the transformed function
vx + 7 g(x) = vx - 7
c)x) =
gr). Then transform the graph of fx)
to sketch a graph of gtx).
d)x)x138 s{r) = + + 8
a)l) = VF s) = 3|2x)
10. For each function flx), determine the
equation for g(x). b) x)= gx) = Ax-4) +9

a) x) =
vx -1+ 8
b) x ) = (x-3} + 10 g(r) = - x )
&r) =

S)
c)Jx) = x

d) x ) = x
at)-/+ 5
&x) = -2Ax-7)

)x+7-2 g() = -A-*) 2.7 Inverse of a Function

2.5 Stretches of Functions 15. Copy each graph of Sx). Then sketch
the inverse of each function, and state
11. For each function g(x), identify the the domain and range of the function
value of a or k and describe how the and of its inverse.
graph of g(x) can be obtained from the
graph of f ) .
a) g ) = 9) 4

b) g(x) = 3x)

c)g(x) ) -4 -
d) etr) =

slG)
12. For each function g(x), describe the
transformation from a base function
ofJx)=x, x) x,J) = =
VX, or

Ax) =
Then transform the graph of
z
Ax) to sketch a graph of g(x). b)
a) gx) = 13x

b) g(x) = (5x)2

4
d) gtr)=
2.6 Combinations of Transformations
13. Compare the transformed equation to 16. Determine an equation for the inverse
y= af[k(x-d)] + c to determine the of each function.
values of the parameters a, k, d, and
a)fx) =
-2x +7
c. Then describe, in the appropriate
order, the transformations that must be
b)Ax)=- 3
4
applied toa basefunction f(x) to obtain c)Sx) = (x-3)2 + 1
the transformed function.
)sr) = {x-1)
d)S)=- +9

53
Chapter 3 Review
3.1 The Nature of Exponential 6. Evaluate.
Growth a) 63
1. A bacteria colony that has an initial
b)5-2+ 53
population of 85 triples every hour.
a) Which function models this c) (125(12)
exponential growth?
Apln) =
85 x 3"
8-2
Bp(n) =
85 x 2"
Cpln) = 85 x 3

b) For the correct model, explain what

each part of the equation means.
7. Simplify. Express your answers using
2. Evaluate. only positive exponents.
a) 110 a) (365)2
b) (40 b) (-2ab)3
c)(3r) + (3x)3
-5
d)-20 d

3. a) Identify each function as linear,

quadratic, or neither. Justify your
choice. 3.3 Rational Exponents
i)x) = 7*
8. Evaluate.
i) x ) = 3x + v6

i)fx) =
1-x
b
b) Without calculating the finite
differences, describe the relationship e)273+ 16 - 323
between the finite differences and each
type of function. d)V2432
3.2 Exponential Decay: Connecting to 9. Express each radical as a power with a
rational exponent.
Negative Exponents
4. Write each as a power with a positive a)(V-3125
exponent.
a) x3
b) (32
b) 3b-2 10. Express each power as a radical. Then
evaluate.
5. Write each as a power with a negative a) (-32)3
exponent. b) 3433
a)
c)-125)

79
11. Express as a single power and then d) What is the amount of radioactive
evaluate. sample remaining after 2 weeks?
9
a) 164 x 162 164 3.5 Transformations of Exponential
b)813812x 814 Functions
16. Sketch a graph o f y = 4-15x + 3, by

c)256% x 2568 256 using y = 4* as the base and applying

12. Simplify. Express your answers using transformations.

only positive exponents. 17. a) Describe the transformations that
3
must be applied to the graph of
a) f(x) = 0.5* to obtain the transformed
3

b)min functiony2/x-5)|. Then write

d)6v 32,3)
13. The area, 4, of an equilateral triangle
with side length s is given by A =
4s
a) Rearrange the formula to express the
side length s in terms of the area A.
b) Use your answer in part a) to
determine the length of the sides when
the area is 12.6 m.
3.4 Properties of Exponential Functions
14. Graph each function and identify the
i) domain
i) range
ii) x- and y-intercepts, if they exist
iv) intervals of increase/decrease
vasymptote
b) y = 4 x 3.5*
y=-
15. A radioactive sample, with an initial
mass of 28 mg, has a half-life of 5 days.
a) Write an equation to represent the
amount, A, of radioactive sample that
remains after 1 days.
b) Explain why this situation represents
exponential decay.
c)Without graphing, describe the shape
of the graph of this function. State
the domain and range.
the corresponding equation.
b) State the domain, range, and equation
of the horizontal asymptote.
18. a) Write the equation of the function
that represents f(x) = after it is
3 factor
compressed horizontally by a
of , compressed vertically by a
factor of , reflected in the x-axis,
and shifted 4 units to the left and
6 units up.
b) State the domain, range, and equation
of the horizontal asymptote.
3.6 Making Connections: Tools and
Strategies for Applying Exponential
Models
19. The population of Canada in 1981
was approximately 24 million. The
population since then has increased
approximately 1.4%% per year.
a) Make a table of values by determining
the population every 2 years for 20
years, since 1981.
Determine equation that models
b) an
the data in part a).
c)What was the population of Canada
in 2000? Round your answer to the
nearest hundred thousand.
d) Predict the population in 2012, to the
nearest hundred thousand.
e) According to the model, when will
Canada's population reach 40 millhon?

80
Chapter 4 Review
4.1 Special Angles b) F(8, 6)
1. For each angle, use exact values to show VA
that sin x + cos* x = 1. 12

a) x = 60° b) x = l 50° c) x = 225°

2. Determine the exact value of each

expression.
a) sin 45° x tan 30° X cos 120°
12 - 4 O 12

b) sin 240° + tan 225° - cos 330°

4
F (8,-6)
c) sin 270° X tan 300° - cos 1 8 0 B
12
3. A guy wire is fastened 6 m from the
base of a flagpole and makes an angle
with the ground. For each given angle 6, 6. One of the primary trigonometric ratios
determine for an angle is given, as well as the
quadrant in which the terminal arm lies.
i) the length of the wire
Find the other two primary trigonometric
ii) how far up the pole the wire is ratios.
fastened a )sin G = 5 third quadrant
a) 45° b) 30 c) 60°
b) cos E =7, first quadrant
4. A tiling company develops a floor tile in
the shape of a regular hexagon that has an 7. Solve each equation for 0° 0 360°.
area of 30 cm2. Determine the exact length
of the six equal sides of the tile. a)sin 6
b) cos 6 = -0.35

4.2 Co-terminal and Related Angles

5. The coordinates of a point on the terminal
c) tan
arm of an angle 0 are shown. Determine 4.3 Reciprocal Trigonometric Ratios
the exact trigonometric ratios for 6.
8. Determine exact expressions for the six
a) E(-5, 12) trigonometric ratios for 120°.
9. Each point lies on the terminal arm of
E-5,12) 12 an angle in standard position. Determine
exact expressions for the six trigonometric
ratios for each angle.
a)T(24,-7)
2-8-4 4 1 b) U-5,-3)
c)V(4,-9)
d) W(1, 3)
121

104
4.4 Problems in Two Dimensions
10. For each triangle, determine the number of
solutions then solve the triangle if possible
a) In AABC, LA = 71',a = 12.2 m.
and b = 11.4 m.
b) In AABC, ZA = 55°, a = 7.1 cm,
and b = 9.6 cm.
c) In AABC, ZA = 44", a = 9.3 mm,
and b = 12.3 mm.
d) In ADEF, ZD = 42, d = 8.5 km,
andf= 7.3 km.
e) In ADEF, ZE = 38°, d = 16.6 mm,
and e = 13.4 mm.
I n ADEF, ZD = 47°, d = 8.l m,
andf= 12.2 m.
11. A marathon swimmer starts at Island A,
swims 9.2 km to Island B, then 8.6 km to
Island C. The angle formed by a line from
Island B to Island A and a line from Island
Cto Island A is 52. How far does the
swimmer have to swim to return directly
to Island A?
12. A solar-heated house is 10 m wide. The
south side of the roof, containing the solar
collectors, rises for 8 m at an angle of
elevation of 60°.
a) Determine the length of the north
side of the roof.
b) At what angle of elevation does the
north side of the roof rise?
4.5 Problems in Three Dimensions
13. The pilot of a hot-air balloon, flying above
a bridge, measures the angles of depression
to each end of the bridge to be 54° and
71°.Thedirect distance from the balloon
to the nearer end of the bridge is 270 m.
Determine the length of the bridge.
14. Two roads intersect at an angle of 34°.
Car A leaves the intersection on one of the
roads and travels at 80 km/h. At the same
time, Car B leaves the intersection on the
other road and travels at 100 km/h. Two
hours later a reporter in a traffic helicopter,
which is above and between the two cars
notes that the angle of depression to the
slower car is 20° and that the helicopter is
I km from that vehicle. How far is the
faster car from the helicopter?
15. The port of Math Harbour is located
200 km from Trig Town Inlet in a direction
50° east of north. A yacht leaves Trig Town
Inlet at 8:00 a.m. and sails in a direction
15 west of north at a speed of 15 km/h.
At the same time, a fishing boat leaves
Math Harbour on a course 80° west of
south at a speed of 20 km/h. Determine
the distance, to the nearest kilometre,
between the yacht and the fishing boat
at 1:00 p.m.
4.6 Trigonometric Identities
16. State an equivalent expression for each.
a) cos 0
b) csc 0
c)cot2
d) sec6-1
e)sec 0-tan20
17. Prove each identity.
a) sec 0+ csc 6= (tan 6 + cot 6)
b Sin 6+ cos cot = sec 6
cot 6
c) sin2 = cos 0 (sec 0- cos 0)
C s c 0 - cot e
cos sin
e)tcsc0 -
sec 6 =
tan 4
Cot 6
105
Chapter 5 Review

5.1 Modelling Periodic Behaviour 4. a) Predict what the graph of y = - csc x

looks like. Use a table of values or

1. Which of the following values do you
technology to sketch the graph. Is your
expect to follow a periodic pattern?
prediction correct?
Justify your answer for each case.
b) Sketch the graph of y =
csc x on the
a) the distance from the centre as a
same set of axes.
grandfather clock pendulum swings
back and forth c) Describe the similarities and
differences between the graphs.
b) the cost of sending a package by
courier, which varies depending on the 5.3 Investigate Transformations of
weight of the package Sine and Cosine Functions
c) the value of a stock over a 1-year period 5. Write two equations, one in the form
y =asin kx and one in the form
2. a) Sketch a periodic function, fAx), with y =a cos [k(x - d)], to match the graph.
a maximum value of 8, a minimum of
-5, and a period of3.
0.75
b) Select a value a for x, and determinef(a).
c) Determine two other values, b and c, 0.5
such that Aa) =fb) =flc). 0.25
x
5.2 The Sine Function and the Cosine 45 9p 135 180° 245° 270
Function
3. a) Copy and complete the table of
values fory = sin 2x.
0.75-

x2xy=sin 2x
0° 6. Write two equations, one in the form
y a cos kx and one in the form
45
y=a sin [k(x - d)], to match the graph.
90

135°

180
225°

270
315° 90 1359 180P25270F
360
b) Use the table values to sketch a graph
of y =
sin 2x. On the same set of axes,
sketch a graph ofy = sin x

c) Compare the graphs in part b). Describe

the similarities and differences.

132
7. Dctcrmine the amplitude, the period, the Month Temperature (°C)
phase shift. and the vertical shift of each February -9
function. 16
a) y = 5 sin [3(x - 40°)] + 6
May
August 25
400] 2 November
b)y=cos [4x + -

c)y = 7sin r ++75-1 February -10

May 17
d) y =
0.4 cos [3.5(x- 60°)] + 5.6 27
August
5.4 Graphing and Modelling With November 3

February -10
y=a Sin Ik(r - d)l+cand May 16
y=acos |k(r -d)| +c 26
8. a) Transform the graph of fAx) = sin x
August
November
toglx) = -7sin ( 30°+1.

Show each step in the transformation. a) Use the table to determine a

b) State the domain and range of lx)
and g(x).
9. a) Transform the graph of flx) = cos x
tog(x)= cos [5(x + 28°)) -4. Show
each step in the transformation.
b) State the domain and range of JX)
and g(x).
10. a) Determine the equation of a sine
function that represents the graph
shown.
2
60 10180°|240° 300° 360°
b) Determine the equation of a cosine
function that represents the graph.
5.5 Data Collecting and Modelling
11. The table shows the mid-season
temperatures for winter, spring, summer,
and fall over a 3-year period for a city in
Ontario.
sinusoidal model for the mid-season
high temperature.
b) Graph the points in the table on the
same axes as your model to verify
the fit.
c) Is the fit as you expect? Explain any
discrepancies.
5.6 Use Sinusoidal Functions to Model
Periodic Phenomena Not Involving
Angles
12. During a 12-h period, the tides in one
area of the Bay of Fundy cause the
water level to rise to 6 m above average
sea level and to fall 6 m below
average
sea level. The depth of the water at low
tide is 2 m.
a) Suppose the water is at average sea
level at midnight and the tide is
coming in. Draw a graph that shows
the height of the tide over a 24-h
period. Explain how you obtained
the graph.
b) Determine an equation that represents
the tide for part a) using
i) a sine function
ii) a cosine function
c) Suppose the water is at average sea
level at 3 a.m. and the tide is coming
high
in. Write an equation that represents
this new situation. Explain your
reasoning.

133
Chapter 6 Review

6.1 Sequences as Discrete Functions 7. Write the first four terms of each
1. Write the first three terms of each sequence.
sequence. given the explicit formula
for the nth term of the sequence.
a) n =41, -1 -1
b)f1) = a-2b. fn) = An- 1) +3b
a)fn)=3
b) 1 8. Anita convinces her dad to increase her
allowance by 12% per week. In the first
2. Write the 16th term. given the explicit week she receives $5.
formula for the nth term of the
a) Write a sequence to represent Anita's
Sequence. allowance for 4 weeks.
a)fn) =n- 6 b) Write a recursion formula to represent
b) = 2 her weekly allowance.
c)Write an explicit formula for the nth
3. Describe the pattern in each sequence. term of the sequence.
Write the next three terms of each
d) What will her allowance be after
sequence.
10 weeks?
a) 7,-14, 21,-28,
e) After how many weeks will her
b)-4 T6 allowance be $75.89?
c) 3x, 6x2, 12x3, 24x4
6.3 Pascal's Triangle and Expanding
4. For each sequence, create a table of Binomial Powers
values using the term number and term, 9. Use Pascal's triangle to list the numbers
and calculate the finite differences. in a hockey stick pattern with each of
Then, determine an explicit formula, the following sums.
in function notation, and specify the a) 210
domain.
b) 70
a)-5,-10,-15, -20, ..
c)126
b)22, 23, 18, 7,..
10. Determine the sum of the terms in each
6.2 Recursive Procedures of these rows of Pascal's triangle.
5. Write the first four terms of each
a) row 21
sequence, where n e N.
a) S1) = 2,fn) = Sn - f n - 1) b) row 18
b)S1) = 5,So) = 0 . 4 n - 1 )
11. Express as a single term from Pascal's
triangle in the form tn, r.
S0)= 10, An) u *
-n
)
=

a)s,6+8,7
6. Determine a recursion formula for each b) 12,2 + t12,3
sequence.
a) 1,4, 13, 40, .. )/23,21+l23,22
b) 3, 5,7,9,..
c)-2,2,-10,26,.

159
12. Use Pascal's triangle to expand each 18. A chain e-mail starts with three people
power of a binomial. each sending out five e-mail messages.
Each of the recipients sends out five
a)(a +1 How many e-mail
messages, and so on.
b) (4x2-334 messages will be sent in the ninth round
of e-mailing?
ol1-
6.4 Arithmetic Sequences 6.6 Arithmetic Series
13. For each arithmetic sequence, determine 19. For each arithmetic series, state the
the values of a and d and the formula values of a and d. Then, determine the
for the general term. Then, write the sum of the first 10 terms.
next four terms. a) 21 + 15 +9 +..
a)-19,-25, -31, ... b)-4-9- 14-..
34 28
b)15 15 20. Determine the sum of each arithmetic
14. Given the formula for the general term series
of an arithmetic sequence, determine t16 a) 52 +47+42+... -48
a)fn) = 1 + n b) 3+5.5 + 8 + . +133
b)n 3.2n +0.8
21. A ball picks up speed as it rolls down a
15. A jogger running along a path that long steep hill. The ball travels 0.75 m
goes up a hill runs a distance of 423 m in the first second, 1.25 m in the second,
in the first minute. As the hill becomes 1.75 m in the next second, and so on.
steeper, the jogger runs 14 m less in each Determine the total distance travelled by
subsequent minute. the ball in 40 s.
a) Determine the general term for the
22. Determine an arithmetic series such that
sequence that represents this situation.
the sum of the first 9 terms of the series
b) How far does the jogger run in the is 162 and the sum of the first 12 terms
12th minute? is 288.
c) In which minute does the jogger
run 157 m? 6.7 Geometric Series
23. For the geometric series
6.5 Geometric Sequences 100-200+400-. , determine the
16. Determine whether the sequence is values of a and r. Then, determine Sg.
arithmetic, geometric, or neither. Give
a reason for your answer. 24. Determine the sum of each geometric
a) 79 series.

a)3.79Í1 a ) 2 + 6 + 18 + ... + 1458

b) 2, 23, 6, 6V3, .
c)x+7y,2x +10y, 3x + 13y,.. 19 683

17. For each geometric sequence, determine 25. The sum of the first two terms of a
the formula for the general term and use geometric series is 12 and the sum of the
it to determine the specified term. first three terms is 62. Determine
the series.
a)-3, 15,-75, ..., Io
2 2
b)-623 12525
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Chapter 7 Review
7.1 Simple interest 7.2 Compound Interest
. Calculate the missing information in the 4. Describe the difference between simple
chart. interest and compound interest. What
type of growth does each represent?
Principal Interest Time, Simple Explain.
P Rate,r Interest,
5. Glen purchases a $1500 GIC that earns
$627.00 6.5% 2 months 6.25%% interest each year for 8 years.
9.25% 58 days $5.72
a) Determine the total interest earned
$270.00 3 years $64.80 at the end of each year under simple

$425.00 7%% S12.66 interest

b) Determine the total interest earned at
$380.214 6 months $9.03 the end of each year under compound
interest.
$178.50 8.6% S10.30
c) How much extra interest is earned
$3200.00 4.5 months| $138.00 under compound interest?

d) Determine the amount of the

2. MONEY Loan Company charges an
investment under
annual interest rate of 15.5% on unpaid
account balances. Calculate the amount i) simple interest
of interest that the company would ii) compound interest
charge when a balance of $1850 is paid
6. To buy a new laptop for her home
37 days late.
business, Brianna borrows $1600 at
3. Arianna's financial advisor has an interest rate of 3.5% per annum,
recommended that she invest at least
compounded annually. She plans to
30% of her money in treasury bonds, pay back the loan in 3 years.
at a fixed rate of return (interest rate). after
a) How much will Brianna owe
Following this recommendation,
3 years?
Arianna invests $4000 in a treasury
bond for 5 years at a rate of 4.8% per b) How much interest will Brianna pay
for the loan?
year simple interest.. She cannot access
this money before the end of the 5 years
without paying a financial penalty. 7.3 Present Value
7. How much should Stephen invest today
a) Determine the interest earned over the
at 9.5% annual interest, compounded
term of the bond.
semi-annually, so that he will have $2500
b) Determine the amount of this in 6 years?
investment at the end of 5 years.

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8. Andrew invests $150 in an account
in which the interest is compounded
semi-annually. In 8 years Andrew will
have $275. What is the interest rate?
9. Sarah invests $300 at a rate of 8% per
year, compounded monthly. How long
will it take for her investment to grow
to $1000
10. Suppose the value of a debt owed to
a financial institution today is $35 000.
What interest rate is required,
compounded semi-annually, so that it
will be worth $100 000 in 10 years?
7.4 Annuities
11. Amir deposited $500 in an account
at the endof every 3 months for 5
years. The account paid 6% per year,
compounded quarterly.
a) Determine the amount in the account
on the date of the last deposit.
b) Determine the amount of interest
earned in this account.
12. Karrington would like to save $48 000
at the end of 4 years. How much should
she deposit at the end of each month
into a savings account that pays 3%
annual interest, compounded monthly?
13. Nathan would like to have $15 000 in
10 years, and can afford to deposit
$500 every 6 months in an investment
account. What interest rate,
compounded semi-annually, does
he need to achieve his goal?
7.5 Present Value of an Annuity
14. Due to the high cost of post-secondary
education, many students apply to the
Ontario Student Assistance Program
(OSAP) for a loan to help pay their
tuition fees. Students must begin to
make payments to repay their loans
6 months after graduating. Kieran
completed his university undergraduate
degree 6 months ago. His loan
payments of $250 are withdrawn
at the end of each month from an
account that is earning 6.5% interest,
compounded monthly.
a) How much must Kieran deposit in
the account today so that the loan
payments can be withdrawn for
l year?
b) What is the amount paid for the
loan?
c) How much of this amount is earned
in interest?
15. Yasmine's grandparents set up an
annuity for her. She will be paid $500 at
the end of each month for the next
first be made
years. The payment will
I month from now. How much must
Yasmine's grandparents deposit to
provide for the annuity if the account
earns 5.7% per annum, compounded
monthly?
16. Chen-Chi has invested $20 000 into
an annuity from which she plans to
withdraw $1094.41 every 3 months for
next years. If at the end of this
the 5
time period the balance of the
annuity is zero, what annual rate of
interest, compounded quarterly, did
this account earn?
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