Arithmetic and Geometric Sequence Word Problems

Size: px
Start display at page:

Download "Arithmetic and Geometric Sequence Word Problems"

Transcription

1 Name Date 6-11 Arithmetic and Geometric Series Word Problems Arithmetic and Geometric Sequence Word Problems How do you determine if a word problem is referring to an arithmetic sequence or a geometric sequence? 1. Look for keywords or clues in the question that tell you if the sequence is arithmetic or geometric. Arithmetic Sequence arithmetic, common difference, increases by a #, decreases by a #, etc.. Geometric Sequence geometric, common ratio, increases by a %, decreases by a %, etc.. 2. If they give you consecutive numbers (terms) try to see if there is a pattern to get from one term to the next Arithmetic Sequence adding or subtracting by a fixed number to get the next term Geometric Sequence multiplying or dividing by a fixed number to get the next term 1. Ann and John go to a swimming pool. They both swim the first length of the pool in 120 seconds. The time John takes to swim a length is 6 seconds more than he took to swim the previous length. The time Ann takes to swim a length is 1.05 times that she took to swim the previous length. (a) (i) Find the time John takes to swim the third length. (ii) Show that Ann takes seconds to swim the third length. (b) Find the time taken for Ann to swim a total of 10 lengths of the pool.

2 2. A National Lottery is offering prizes in a new competition. The winner may choose one of the following. Option one: Option two: Option three: $1000 each week for 10 weeks. $250 in the first week, $450 in the second week, $650 in the third week, increasing by $200 each week for a total of 10 weeks. $10 in the first week, $20 in the second week, $40 in the third week continuing to double for a total of 10 weeks. (a) Calculate the amount you receive in the tenth week, if you select (i) (ii) option two; option three. (b) What is the total amount you receive if you select option two? (c) Which option has the greatest total value? Justify your answer by showing all appropriate calculations.

3 3. Give all answers in this question correct to the nearest dollar Clara wants to buy some land. She can choose between two different payment options. Both options require her to pay for the land in 20 monthly installments. Option 1: Option 2: The first installment is $2500. Each installment is $200 more than the one before. The first installment is $2000. Each installment is 8 more than the one before. (a) If Clara chooses option 1, (i) (ii) write down the values of the second and third installments; calculate the value of the final installment; (iii) show that the total amount that Clara would pay for the land is $ (b) If Clara chooses option 2, (i) find the value of the second installment; (ii) show that the value of the fifth installment is $2721. (c) Clara knows that the total amount she would pay for the land is not the same for both options. She wants to spend the least amount of money. Find how much she will save by choosing the cheaper option.

4 Name Date 1. Rosa and Carlos both join a club in order to exercise Homework Rosa joins a club to prepare to run a marathon. During the first training session Rosa runs a distance of 3000 metres. Each training session she increases the distance she runs by 400 metres. Carlos joins the club to lose weight. He runs 7500 metres during the first month. The distance he runs increases by 20% each month. (a) (i) Write down the distance Rosa runs in the third training session; (ii) Write down the distance Rosa runs in the nth training session. (b) Calculate the total distance, in metres, Rosa runs in the first 50 training sessions. (c) Find the distance Carlos runs in the fifth month of training. (d) Calculate the total distance Carlos runs in the first year.

5 2. The first four terms of a sequence are 18, 54, 162, 486. (a) Use all four terms to show that this is a geometric sequence. (b) (i) Find an expression for the n th term of this geometric sequence. (ii) If the n th term of the sequence is , find the value of n. 3. In an arithmetic sequence, the first term is 5 and the fourth term is 40. Find the second term. (a) Find the common difference d. (b) Find the second term. (c) What is the sum of the first 90 terms of the sequence?

6 4. The tuition fees for the first three years of high school are given in the table below. Year These tuition fees form a geometric sequence. Tuition fees (in dollars) (a) (b) Find the common ratio, r, for this sequence. If fees continue to rise at the same rate, calculate (to the nearest dollar) the total cost of tuition fees for the first six years of high school. 5. Consider the following sequence: 997, 992, 987,..., 257, 252 (a) Find the common difference d. (b) Find the number of terms of the sequence. (c) Find the sum of the sequence.

IB Math Studies Name: page 1 Topic 1 TEST Review Worksheet Numbers and Algebra

IB Math Studies Name: page 1 Topic 1 TEST Review Worksheet Numbers and Algebra IB Math Studies Name: page 1 Show all your work whenever there are formulas and computations involved! 1. A problem has an exact value of x = 0.3479. Write down the exact value of x in the form a 10 k,

More information

Minbin has 1250 Japanese Yen which she wishes to exchange for Chinese Yuan.

Minbin has 1250 Japanese Yen which she wishes to exchange for Chinese Yuan. IBMS Unit 1 Review Sheet Name: This is a good review of the type of questions and material that will be on the TEST on Thursday, September 12 th. Topics include: number classification, rounding rules,

More information

. Write the series, substituting the appropriate values for t 1. t 2. t 1. t 3

. Write the series, substituting the appropriate values for t 1. t 2. t 1. t 3 Geometric Series 2.3 A large telemarketing call centre will be closed on Monday due to an ice storm, and the employees are notified on Sunday. The company has already set up an emergency phone tree. The

More information

Sequences and Series Revision Questions

Sequences and Series Revision Questions 1. Find the sum of the arithmetic series Sequences and Series Revision Questions 17 + 27 + 37 +...+ 417. 2. n arithmetic series has five terms. The first term is 2 and the last term is 32. Find the sum

More information

Number & Algebra: Strands 3 & 4

Number & Algebra: Strands 3 & 4 Number & Algebra: Strands 3 & 4 #1 A Relations Approach to Algebra: Linear Functions #2 A Relations Approach to Algebra: Quadratic, Cubic & Exponential Functions #3 Applications of Sequences & Series #4

More information

Pre-Leaving Certificate Examination, Mathematics. Paper 1. Ordinary Level Time: 2 hours, 30 minutes. 300 marks

Pre-Leaving Certificate Examination, Mathematics. Paper 1. Ordinary Level Time: 2 hours, 30 minutes. 300 marks L.16 NAME SCHOOL TEACHER Pre-Leaving Certificate Examination, 2018 Mathematics Name/versio Printed: Checked: To: Updated: Paper 1 Name/versio Complete (y/ Ordinary Level Time: 2 hours, 30 minutes 300 marks

More information

Finding the Sum of Consecutive Terms of a Sequence

Finding the Sum of Consecutive Terms of a Sequence Mathematics 451 Finding the Sum of Consecutive Terms of a Sequence In a previous handout we saw that an arithmetic sequence starts with an initial term b, and then each term is obtained by adding a common

More information

(a) Find the amount he plans to save in the year (2) (b) Calculate his total planned savings over the 20 year period from 2001 to 2020.

(a) Find the amount he plans to save in the year (2) (b) Calculate his total planned savings over the 20 year period from 2001 to 2020. Arithmetic Series Ahmed plans to save 250 in the year 2001, 300 in 2002, 350 in 2003, and so on until the year 2020. His planned savings form an arithmetic sequence with common difference 50. (a) Find

More information

Chapter 12. Sequences and Series

Chapter 12. Sequences and Series Chapter 12 Sequences and Series Lesson 1: Sequences Lesson 2: Arithmetic Sequences Lesson 3: Geometry Sequences Lesson 4: Summation Notation Lesson 5: Arithmetic Series Lesson 6: Geometric Series Lesson

More information

IB SL EXAM REVIEW and PRACTICE

IB SL EXAM REVIEW and PRACTICE IB SL EXM REVIEW and PRCTICE Topic: Sequence and Series; Binomial Expansion Look through Chapter 2(Sequence and Series) and Chapter 7(Binomial Expansion). The self tutor on your CD-Rom may be helpful.

More information

Sequences (Part 3) Supplemental Material Not Found in You Text

Sequences (Part 3) Supplemental Material Not Found in You Text Motivating Examples Math 34: Spring 2016 Sequences (Part 3) Supplemental Material Not Found in You Text Geometric Sequences will help us answer the following: An interest-free loan of $12, 000 requires

More information

12.3 Geometric Series

12.3 Geometric Series Name Class Date 12.3 Geometric Series Essential Question: How do you find the sum of a finite geometric series? Explore 1 Investigating a Geometric Series A series is the expression formed by adding the

More information

Created by T. Madas GEOMETRIC SERIES. Created by T. Madas

Created by T. Madas GEOMETRIC SERIES. Created by T. Madas GEOMETRIC SERIES Question 1 (**+) Miss Velibright started working as an accountant in a large law firm in the year 2001. Her starting salary was 22,000 and her contract promised that she will be receiving

More information

Unit 7 Exponential Functions. Name: Period:

Unit 7 Exponential Functions. Name: Period: Unit 7 Exponential Functions Name: Period: 1 AIM: YWBAT evaluate and graph exponential functions. Do Now: Your soccer team wants to practice a drill for a certain amount of time each day. Which plan will

More information

The savings game is a game for two to four players that simulates the financial realities of earning, spending and saving.

The savings game is a game for two to four players that simulates the financial realities of earning, spending and saving. The Savings Game Teacher Notes The savings game is a game for two to four players that simulates the financial realities of earning, spending and saving. Players get jobs, they get sacked, they spend,

More information

Sequences, Series, and Probability Part I

Sequences, Series, and Probability Part I Name Chapter 8 Sequences, Series, and Probability Part I Section 8.1 Sequences and Series Objective: In this lesson you learned how to use sequence, factorial, and summation notation to write the terms

More information

NAME: DATE: Algebra 2: Lesson 12-7 Geometric Series Word Problems. DO NOW: Answer the following question in order to prepare for today s lesson.

NAME: DATE: Algebra 2: Lesson 12-7 Geometric Series Word Problems. DO NOW: Answer the following question in order to prepare for today s lesson. NAME: DATE: Algebra 2: Lesson 12-7 Geometric Series Word Problems Learning Goals: 1. How do we use the geometric series formula when working with word problems? DO NOW: Answer the following question in

More information

Student Name: Teacher: Date: District: Miami-Dade County Public Schools. Assessment: 9_12 Mathematics Algebra II Exam 4

Student Name: Teacher: Date: District: Miami-Dade County Public Schools. Assessment: 9_12 Mathematics Algebra II Exam 4 Student Name: Teacher: Date: District: Miami-Dade County Public Schools Assessment: 9_12 Mathematics Algebra II Exam 4 Description: Algebra 2 Topic 9 Sequences and Series Form: 201 1. Beginning with Step

More information

Annuities: Present Value

Annuities: Present Value 8.5 nnuities: Present Value GOL Determine the present value of an annuity earning compound interest. INVESTIGTE the Math Kew wants to invest some money at 5.5%/a compounded annually. He would like the

More information

AS Mathematics Assignment 7 Due Date: Friday 14 th February 2014

AS Mathematics Assignment 7 Due Date: Friday 14 th February 2014 AS Mathematics Assignment 7 Due Date: Friday 14 th February 2014 NAME. GROUP: MECHANICS/STATS Instructions to Students All questions must be attempted. You should present your solutions on file paper and

More information

Chapter 8 Sequences, Series, and the Binomial Theorem

Chapter 8 Sequences, Series, and the Binomial Theorem Chapter 8 Sequences, Series, and the Binomial Theorem Section 1 Section 2 Section 3 Section 4 Sequences and Series Arithmetic Sequences and Partial Sums Geometric Sequences and Series The Binomial Theorem

More information

Name For those going into. Algebra 1 Honors. School years that begin with an ODD year: do the odds

Name For those going into. Algebra 1 Honors. School years that begin with an ODD year: do the odds Name For those going into LESSON 2.1 Study Guide For use with pages 64 70 Algebra 1 Honors GOAL: Graph and compare positive and negative numbers Date Natural numbers are the numbers 1,2,3, Natural numbers

More information

Final Exam Review. 1. Simplify each of the following. Express each answer with positive exponents.

Final Exam Review. 1. Simplify each of the following. Express each answer with positive exponents. 1 1. Simplify each of the following. Express each answer with positive exponents. a a) 4 b 1x xy b) 1 x y 1. Evaluate without the use of a calculator. Express answers as integers or rational numbers. a)

More information

CH7 IB Practice 2014

CH7 IB Practice 2014 CH7 IB Practice 2014 Name 1. A woman deposits $100 into her son s savings account on his first birthday. On his second birthday she deposits $125, $150 on his third birthday, and so on. How much money

More information

REVIEW PROBLEMS FOR NUMERICAL SKILLS ASSESSMENT TEST-Rev 1 (Note: No calculators are allowed at the time of the test.)

REVIEW PROBLEMS FOR NUMERICAL SKILLS ASSESSMENT TEST-Rev 1 (Note: No calculators are allowed at the time of the test.) - - REVIEW PROBLEMS FOR NUMERICAL SKILLS ASSESSMENT TEST-Rev (Note: No calculators are allowed at the time of the test.). 9 + 67 =. 97 7 =. 7 X 6 =. 6 7 =. = 6. 6 7 7. Anne saves $7 every month out of

More information

Learning Goals: * Determining the expected value from a probability distribution. * Applying the expected value formula to solve problems.

Learning Goals: * Determining the expected value from a probability distribution. * Applying the expected value formula to solve problems. Learning Goals: * Determining the expected value from a probability distribution. * Applying the expected value formula to solve problems. The following are marks from assignments and tests in a math class.

More information

Sequences and series assessment

Sequences and series assessment Red ) a) Find the sum of all the integers between and 000 which are divisible by 7 [3] b) 42 Hence, or otherwise, evaluate (7r + 2) r= [2] 2) The first three terms of an arithmetic series are k, 7.5, and

More information

The second and fourth terms of a geometric series are 7.2 and respectively.

The second and fourth terms of a geometric series are 7.2 and respectively. Geometric Series The second and fourth terms of a geometric series are 7.2 and 5.832 respectively. The common ratio of the series is positive. For this series, find (a) the common ratio, (c) the sum of

More information

5.2 Multiplying Polynomial Expressions

5.2 Multiplying Polynomial Expressions Name Class Date 5. Multiplying Polynomial Expressions Essential Question: How do you multiply binomials and polynomials? Resource Locker Explore Modeling Binomial Multiplication Using algebra tiles to

More information

LESSON 3.4 PERCENT OF CHANGE. 92 Lesson 3.4 ~ Percent of Change

LESSON 3.4 PERCENT OF CHANGE. 92 Lesson 3.4 ~ Percent of Change PERCENT OF CHANGE LESSON 3.4 EXPLORE! MINIMUM WAGE In 2009, Washington had the highest minimum wage rate in the United States. The chart below gives the minimum wage in Washington from 2005 to 2009. Year

More information

Section 6.5 Applications Involving Percents

Section 6.5 Applications Involving Percents Section 6.5 Applications Involving Percents The focus of this section is to show how to set up a proportion to solve word problems involving real-life applications of percent. If the student needs a review

More information

Algebra I Module 3 Lessons 1 7

Algebra I Module 3 Lessons 1 7 Eureka Math 2015 2016 Algebra I Module 3 Lessons 1 7 Eureka Math, Published by the non-profit Great Minds. Copyright 2015 Great Minds. No part of this work may be reproduced, distributed, modified, sold,

More information

Algebra I Block Unit #2: Sequences & Exponential Functions Lesson #5: The Power of Exponential Growth

Algebra I Block Unit #2: Sequences & Exponential Functions Lesson #5: The Power of Exponential Growth Algebra I Block Unit #2: Sequences & Exponential Functions Lesson #5: The Power of Exponential Growth Name Period Date DAY #1 Ex #1: Two equipment rental companies have different penalty policies for returning

More information

Created by T. Madas ARITHMETIC SERIES Worded Questions Created by T. Madas

Created by T. Madas ARITHMETIC SERIES Worded Questions Created by T. Madas ARITHMETIC SERIES Worded Questions Question 1 (**) non calculator A ball bearing is rolling down an inclined groove. It rolls down by 1 cm during the first second of its motion, and in each subsequent

More information

Name Class Date C the shelter, which equation represents the relationship between the number of cats and dogs?

Name Class Date C the shelter, which equation represents the relationship between the number of cats and dogs? - Solving One-Step Equations For Exercises, choose the correct letter.. What is the solution of x? A. B. C. D.. What operation should you use to solve x? F. addition G. subtraction H. multiplication I.

More information

UNIT 4 VOCABULARY: FRACTIONS

UNIT 4 VOCABULARY: FRACTIONS º ESO Bilingüe Página UNIT VOCABULARY: FRACTIONS 0. Introduction A fraction is a number that expresses part of a unit or a part of a quantity. Fractions are written in the form b is not 0. a b where a

More information

Chapter 8 Review - Solving Equations

Chapter 8 Review - Solving Equations Name: Class: Date: ID: A Chapter 8 Review - Solving Equations 1 A bag of marbles contains 36 red marbles There are one quarter as many purple marbles as there are red ones There are 3 times as many green

More information

Exponents Unit Notebook v2.notebook. November 09, Exponents. Table Of Contents. Section 1: Zero and Integer Exponents Objective: Nov 1-10:06 AM

Exponents Unit Notebook v2.notebook. November 09, Exponents. Table Of Contents. Section 1: Zero and Integer Exponents Objective: Nov 1-10:06 AM Exponents Nov 1-10:06 AM Table Of Contents Section 1: Zero and Integer Exponents Section 2: Section 3: Multiplication Properties of Exponents Section 4: Division Properties of Exponents Section 5: Geometric

More information

40% Combining Percents. Focus on After this lesson, you will be able to... solve problems involving combined percents

40% Combining Percents. Focus on After this lesson, you will be able to... solve problems involving combined percents Combining Percents Focus on After this lesson, you will be able to... solve problems involving combined percents Literacy Link PST means provincial sales tax. PST varies by province. GST means goods and

More information

Arithmetic Sequences (Sequence Part 2) Supplemental Material Not Found in You Text

Arithmetic Sequences (Sequence Part 2) Supplemental Material Not Found in You Text Math 34: Fall 015 Arithmetic Sequences (Sequence Part ) Supplemental Material Not Found in You Text Arithmetic Sequences Recall an Arithmetic Sequence is a sequence where the difference between any two

More information

4.2 Therapeutic Concentration Levels (BC)

4.2 Therapeutic Concentration Levels (BC) 4.2 Therapeutic Concentration Levels (BC) Introduction to Series Many important sequences are generated through the process of addition. In Investigation 1, you see a particular example of a special type

More information

EXPONENTIAL FUNCTIONS

EXPONENTIAL FUNCTIONS EXPONENTIAL FUNCTIONS 7.. 7..6 In these sections, students generalize what they have learned about geometric sequences to investigate exponential functions. Students study exponential functions of the

More information

Why? Exponential Growth The equation for the number of blogs is in the form 1 y = a(1 + r ) t. This is the general equation for exponential growth.

Why? Exponential Growth The equation for the number of blogs is in the form 1 y = a(1 + r ) t. This is the general equation for exponential growth. Then You analyzed exponential functions. (Lesson 9-6) Now Growth and Decay 1Solve problems involving exponential growth. 2Solve problems involving exponential decay. Why? The number of Weblogs or blogs

More information

Mathematics of Finance

Mathematics of Finance CHAPTER 55 Mathematics of Finance PAMELA P. DRAKE, PhD, CFA J. Gray Ferguson Professor of Finance and Department Head of Finance and Business Law, James Madison University FRANK J. FABOZZI, PhD, CFA, CPA

More information

Sequences, Series, and Limits; the Economics of Finance

Sequences, Series, and Limits; the Economics of Finance CHAPTER 3 Sequences, Series, and Limits; the Economics of Finance If you have done A-level maths you will have studied Sequences and Series in particular Arithmetic and Geometric ones) before; if not you

More information

Coimisiún na Scrúduithe Stáit State Examinations Commission. Leaving Certificate Examination Mathematics

Coimisiún na Scrúduithe Stáit State Examinations Commission. Leaving Certificate Examination Mathematics 2016. M27 Coimisiún na Scrúduithe Stáit State Examinations Commission Leaving Certificate Examination 2016 Paper 1 Ordinary Level Friday 10 June Afternoon 2:00 4:30 300 marks Running total Examination

More information

Chapter 8: Factoring Polynomials. Algebra 1 Mr. Barr

Chapter 8: Factoring Polynomials. Algebra 1 Mr. Barr p. 1 Chapter 8: Factoring Polynomials Algebra 1 Mr. Barr Name: p. 2 Date Schedule Lesson/Activity 8.1 Monomials & Factoring 8.2 Using the Distributive Property 8.3 Quadratics in the form x 2 +bx+c Quiz

More information

BLOCK 2 ~ EXPONENTIAL FUNCTIONS

BLOCK 2 ~ EXPONENTIAL FUNCTIONS BLOCK 2 ~ EXPONENTIAL FUNCTIONS TIC-TAC-TOE Looking Backwards Recursion Mix-Up Story Time Use exponential functions to look into the past to answer questions. Write arithmetic and geometric recursive routines.

More information

7.5 exponential growth and decay 2016 ink.notebook. February 13, Page 69. Page Exponential Growth and Decay. Standards.

7.5 exponential growth and decay 2016 ink.notebook. February 13, Page 69. Page Exponential Growth and Decay. Standards. 7.5 exponential growth and decay 2016 ink.notebook Page 69 Page 70 7.5 Exponential Growth and Decay Lesson Objectives Standards Lesson Notes Page 71 7.5 Exponential Growth and Decay Press the tabs to view

More information

Life Insurance Buyer's Guide

Life Insurance Buyer's Guide Life Insurance Buyer's Guide This guide can show you how to save money when you shop for life insurance. It helps you to: Decide how much life insurance you should buy. Decide what kind of life insurance

More information

(for tutoring, homework help, or help with online classes)

(for tutoring, homework help, or help with online classes) www.tutor-homework.com (for tutoring, homework help, or help with online classes) 1 of 25 An explosion causes debris to rise vertically with an initial velocity of 9 feet per second. The function s(t)

More information

Math 154A Elementary Algebra

Math 154A Elementary Algebra Math 154A Elementary Algebra Study Guide for Exam 3 Exam 3 is scheduled for Thursday, October 30 th. You may use a 3" x 5" note card (both sides) and a scientific calculator. You are expected to know (or

More information

The Geometric Mean. I have become all things to all people so that by all possible means I might save some. 1 Corinthians 9:22

The Geometric Mean. I have become all things to all people so that by all possible means I might save some. 1 Corinthians 9:22 The Geometric Mean I have become all things to all people so that by all possible means I might save some. 1 Corinthians 9:22 Instructions Read everything carefully, and follow all instructions. Do the

More information

PERCENTAGES M.K. HOME TUITION. Mathematics Revision Guides Level: GCSE Higher Tier

PERCENTAGES M.K. HOME TUITION. Mathematics Revision Guides Level: GCSE Higher Tier Mathematics Revision Guides Percentages Page 1 of 17 M.K. HOME TUITION Mathematics Revision Guides Level: GCSE Higher Tier PERCENTAGES Version: 2.3 Date: 01-02-2014 Mathematics Revision Guides Percentages

More information

ID: ID: ID: ID: 1.3.1b. ID: 1.3.2a

ID: ID: ID: ID: 1.3.1b. ID: 1.3.2a 1. An arithmetic sequence is a list of numbers in which consecutive numbers share a common difference. Each number after the first is calculated by adding the common difference to the preceding number.

More information

Math Analysis Midterm Review. Directions: This assignment is due at the beginning of class on Friday, January 9th

Math Analysis Midterm Review. Directions: This assignment is due at the beginning of class on Friday, January 9th Math Analysis Midterm Review Name Directions: This assignment is due at the beginning of class on Friday, January 9th This homework is intended to help you prepare for the midterm exam. The questions are

More information

... About Future Value

... About Future Value WHAT PRACTITIONERS NEED TO KNOW...... About Future Value Mark Kritzman Suppose we want to estimate the future value of an investment based on its return history. This problem, at first glance, might seem

More information

1. Geometric sequences can be modeled by exponential functions using the common ratio and the initial term.

1. Geometric sequences can be modeled by exponential functions using the common ratio and the initial term. 1 Geometric sequences can be modeled by exponential functions using the common ratio and the initial term Exponential growth and exponential decay functions can be used to model situations where a quantity

More information

10-3 Probability Distributions

10-3 Probability Distributions Identify the random variable in each distribution, and classify it as discrete or continuous. Explain your reasoning. 1. the number of pages linked to a Web page The random variable X is the number of

More information

Prentice Hall Connected Mathematics, Grade 7 Unit 2004 Correlated to: Maine Learning Results for Mathematics (Grades 5-8)

Prentice Hall Connected Mathematics, Grade 7 Unit 2004 Correlated to: Maine Learning Results for Mathematics (Grades 5-8) : Maine Learning Results for Mathematics (Grades 5-8) A. NUMBERS AND NUMBER SENSE Students will understand and demonstrate a sense of what numbers mean and how they are used. Students will be able to:

More information

SAMPLE. Financial arithmetic

SAMPLE. Financial arithmetic C H A P T E R 6 Financial arithmetic How do we determine the new price when discounts or increases are applied? How do we determine the percentage discount or increase applied, given the old and new prices?

More information

Lesson 6: The Power of Exponential Growth

Lesson 6: The Power of Exponential Growth Algebra I Module 2 Lesson 6: The Power of Exponential Growth Name Period Date Essential Question: Why is exponential growth geometric? DAY #1 Opening Exercise: Two equipment rental companies have different

More information

Algebra 2 Final Exam

Algebra 2 Final Exam Algebra 2 Final Exam Name: Read the directions below. You may lose points if you do not follow these instructions. The exam consists of 30 Multiple Choice questions worth 1 point each and 5 Short Answer

More information

REVIEW MATERIALS FOR REAL ESTATE FUNDAMENTALS

REVIEW MATERIALS FOR REAL ESTATE FUNDAMENTALS REVIEW MATERIALS FOR REAL ESTATE FUNDAMENTALS 1997, Roy T. Black J. Andrew Hansz, Ph.D., CFA REAE 3325, Fall 2005 University of Texas, Arlington Department of Finance and Real Estate CONTENTS ITEM ANNUAL

More information

Probability Distributions. Chapter 6

Probability Distributions. Chapter 6 Probability Distributions Chapter 6 McGraw-Hill/Irwin The McGraw-Hill Companies, Inc. 2008 Types of Random Variables Discrete Random Variable can assume only certain clearly separated values. It is usually

More information

PRELIMINARY EXAMINATION 2018 MATHEMATICS GRADE 12 PAPER 1. Time: 3 hours Total: 150 PLEASE READ THE FOLLOWING INSTRUCTIONS CAREFULLY

PRELIMINARY EXAMINATION 2018 MATHEMATICS GRADE 12 PAPER 1. Time: 3 hours Total: 150 PLEASE READ THE FOLLOWING INSTRUCTIONS CAREFULLY PRELIMINARY EXAMINATION 2018 MATHEMATICS GRADE 12 PAPER 1 Time: 3 hours Total: 150 Examiner: P R Mhuka Moderators: J Scalla E Zachariou PLEASE READ THE FOLLOWING INSTRUCTIONS CAREFULLY 1. This question

More information

Lesson 1: How Your Money Changes Appreciation & Depreciation

Lesson 1: How Your Money Changes Appreciation & Depreciation : How Your Money Changes Appreciation & Depreciation Learning Target I can solve Appreciation and Depreciation word problems I can calculate simple and compound interests In your own words write answer

More information

A model predicts that the adult population of the town will increase by 3% each year, forming a geometric sequence.

A model predicts that the adult population of the town will increase by 3% each year, forming a geometric sequence. 1. The adult population of a town is 25 000 at the end of Year 1. A model predicts that the adult population of the town will increase by 3% each year, forming a geometric sequence. (a) Show that the predicted

More information

ARITHMETIC CLAST MATHEMATICS COMPETENCIES. Solve real-world problems which do not require the use of variables and do

ARITHMETIC CLAST MATHEMATICS COMPETENCIES. Solve real-world problems which do not require the use of variables and do ARITHMETIC CLAST MATHEMATICS COMPETENCIES IAa IAb: IA2a: IA2b: IA3: IA4: IIA: IIA2: IIA3: IIA4: IIA5: IIIA: IVA: IVA2: IVA3: Add and subtract rational numbers Multiply and divide rational numbers Add and

More information

Lifelong Learning Plan

Lifelong Learning Plan While registered retirement savings plans (RRSPs) are intended to help Canadian residents invest in their future, borrowing funds from your RRSP to finance education is also an investment in the future.

More information

Bridging Units: Resource Pocket 8

Bridging Units: Resource Pocket 8 Bridging Units: Resource Pocket 8 Growth and Decay Students may be familiar with the concepts of growth and decay from science lessons. This is a natural progression from the work in resource pocket 1

More information

CHAPTER 2 Describing Data: Numerical

CHAPTER 2 Describing Data: Numerical CHAPTER Multiple-Choice Questions 1. A scatter plot can illustrate all of the following except: A) the median of each of the two variables B) the range of each of the two variables C) an indication of

More information

78th OREGON LEGISLATIVE ASSEMBLY Regular Session. House Bill 2076

78th OREGON LEGISLATIVE ASSEMBLY Regular Session. House Bill 2076 th OREGON LEGISLATIVE ASSEMBLY--0 Regular Session House Bill 0 Introduced and printed pursuant to House Rule.00. Presession filed (at the request of House Interim Committee on Revenue) SUMMARY The following

More information

Statistics 114 September 29, 2012

Statistics 114 September 29, 2012 Statistics 114 September 29, 2012 Third Long Examination TGCapistrano I. TRUE OR FALSE. Write True if the statement is always true; otherwise, write False. 1. The fifth decile is equal to the 50 th percentile.

More information

Chapter 3, Section For a given interest rate, = and = Calculate n. 10. If d = 0.05, calculate.

Chapter 3, Section For a given interest rate, = and = Calculate n. 10. If d = 0.05, calculate. Chapter 3, Section 2 1. Calculate the present value of an annuity that pays 100 at the end of each year for 20 years. The annual effective interest rate is 4%. 2. Calculate the present value of an annuity

More information

HSC Mathematics DUX. Sequences and Series Term 1 Week 4. Name. Class day and time. Teacher name...

HSC Mathematics DUX. Sequences and Series Term 1 Week 4. Name. Class day and time. Teacher name... DUX Phone: (02) 8007 6824 Email: info@dc.edu.au Web: dc.edu.au 2018 HIGHER SCHOOL CERTIFICATE COURSE MATERIALS HSC Mathematics Sequences and Series Term 1 Week 4 Name. Class day and time Teacher name...

More information

Chapter 6: Quadratic Functions & Their Algebra

Chapter 6: Quadratic Functions & Their Algebra Chapter 6: Quadratic Functions & Their Algebra Topics: 1. Quadratic Function Review. Factoring: With Greatest Common Factor & Difference of Two Squares 3. Factoring: Trinomials 4. Complete Factoring 5.

More information

LCHL Paper 1 Q2 (25 marks)

LCHL Paper 1 Q2 (25 marks) Note: The sample answers provided are illustrative of one possible approach to answering the particular question. Students may adopt different but equally valid approaches and should be encouraged to compare

More information

MAC Learning Objectives. Learning Objectives (Cont.)

MAC Learning Objectives. Learning Objectives (Cont.) MAC 1140 Module 12 Introduction to Sequences, Counting, The Binomial Theorem, and Mathematical Induction Learning Objectives Upon completing this module, you should be able to 1. represent sequences. 2.

More information

Principals of Financial Management Spring 2017 Section 6, 2: 30. EXAM 2 Version A

Principals of Financial Management Spring 2017 Section 6, 2: 30. EXAM 2 Version A FIN 301 Prof. Thistle Principals of Financial Management Spring 2017 Section 6, 2: 30 EXAM 2 Version A MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.

More information

NHS Pensions - Returning to work after ill health retirement

NHS Pensions - Returning to work after ill health retirement NHS Pensions - Returning to work after ill health retirement Rejoining the NHS Pension Scheme The information in this part relates to members who have retired from active membership with an ill health.

More information

Math 8. Quarter 4. Name Teacher Period

Math 8. Quarter 4. Name Teacher Period Math 8 Quarter 4 Name Teacher Period 1 Unit 12 2 Released Questions 201 For the following questions Calculators are NOT permitted 1) 2) ) 4) 5) 6) 4 For the following questions Calculators are permitted

More information

Solving Problems Involving Cost, Revenue, Profit. Max and Min Problems

Solving Problems Involving Cost, Revenue, Profit. Max and Min Problems Solving Problems Involving Cost, Revenue, Profit The cost function C(x) is the total cost of making x items. If the cost per item is fixed, it is equal to the cost per item (c) times the number of items

More information

Engineering Economy Chapter 4 More Interest Formulas

Engineering Economy Chapter 4 More Interest Formulas Engineering Economy Chapter 4 More Interest Formulas 1. Uniform Series Factors Used to Move Money Find F, Given A (i.e., F/A) Find A, Given F (i.e., A/F) Find P, Given A (i.e., P/A) Find A, Given P (i.e.,

More information

Int Math 1 Midterm Review Handout (Modules 1-5)

Int Math 1 Midterm Review Handout (Modules 1-5) Int Math 1 Midterm Review Handout (Modules 1-5) 1 Short Answer: (Put answer in box below.) A small hotel with 4 rooms was destroyed in a fire. After the hotel was rebuilt, the owner took out a loan to

More information

As Introduced. 131st General Assembly Regular Session H. B. No

As Introduced. 131st General Assembly Regular Session H. B. No 131st General Assembly Regular Session H. B. No. 8 2015-2016 Representatives Hagan, Ginter A B I L L To amend sections 1509.28 and 5713.051 of the Revised Code to revise provisions in the Oil and Gas Law

More information

As Introduced. 131st General Assembly Regular Session H. B. No

As Introduced. 131st General Assembly Regular Session H. B. No 131st General Assembly Regular Session H. B. No. 600 2015-2016 Representative Amstutz A B I L L To amend section 5726.04 of the Revised Code to make a technical correction to the financial institutions

More information

4 Convert 5/8 into a percentage 62.5% Write down a fraction between 1/3 and 1/2

4 Convert 5/8 into a percentage 62.5% Write down a fraction between 1/3 and 1/2 / = Five sixths add seven ninths 0 / Explain why % is less than / / equals.% which is greater than % Convert / into a percentage.% Increase by %.0 Write down a fraction between / and / Decrease m by %

More information

(Refer Slide Time: 00:50)

(Refer Slide Time: 00:50) Engineering Economic Analysis Professor Dr. Pradeep K Jha Department of Mechanical and Industrial Engineering Indian Institute of Technology Roorkee Lecture 22 Basic Depreciation Methods: S-L Method, Declining

More information

PiXL Independence: Mathematics Answer Booklet KS4 FOUNDATION. Topic 1 Decimals, Estimation, Best Buy and Exchange Rates.

PiXL Independence: Mathematics Answer Booklet KS4 FOUNDATION. Topic 1 Decimals, Estimation, Best Buy and Exchange Rates. PiXL Independence: Mathematics Answer Booklet KS4 FOUNDATION Topic 1 Decimals, Estimation, Best Buy and Exchange Rates Contents: Answers 1 I. Basic Skills Check Answer the following questions. In order

More information

A probability distribution shows the possible outcomes of an experiment and the probability of each of these outcomes.

A probability distribution shows the possible outcomes of an experiment and the probability of each of these outcomes. Introduction In the previous chapter we discussed the basic concepts of probability and described how the rules of addition and multiplication were used to compute probabilities. In this chapter we expand

More information

Common Core Algebra L clone 4 review R Final Exam

Common Core Algebra L clone 4 review R Final Exam 1) Which graph represents an exponential function? A) B) 2) Which relation is a function? A) {(12, 13), (14, 19), (11, 17), (14, 17)} B) {(20, -2), (24, 10), (-21, -5), (22, 4)} C) {(34, 8), (32, -3),

More information

Issuance of New Shares as Restricted Stock Compensation

Issuance of New Shares as Restricted Stock Compensation February 2, 2018 Sony Corporation Issuance of New Shares as Restricted Stock Compensation Sony Corporation (the Corporation ) today announces that, pursuant to the delegation of authority approved by resolutions

More information

MATHEMATICAL LITERACY: PAPER II

MATHEMATICAL LITERACY: PAPER II NATIONAL SENIOR CERTIFICATE EXAMINATION NOVEMBER 2010 MATHEMATICAL LITERACY: PAPER II Time: 3 hours 150 marks PLEASE READ THE FOLLOWING INSTRUCTIONS CAREFULLY 1. This question paper consists of 13 pages

More information

GEOMETRIC PROGRESSION - Copyright: https://qualifications.pearson.com/en/qualifications/edexcel-gcses/mathematics-2015.

GEOMETRIC PROGRESSION - Copyright:  https://qualifications.pearson.com/en/qualifications/edexcel-gcses/mathematics-2015. GEOMETRIC PROGRESSION - Copyright: www.pearson.com https://qualifications.pearson.com/en/qualifications/edexcel-gcses/mathematics-2015.html A24 RECOGNISE AND USE SEQUENCES OF TRIANGULAR, SQUARE AND CUBE

More information

DEPARTMENT OF REVENUE. Lottery Commission

DEPARTMENT OF REVENUE. Lottery Commission DEPARTMENT OF REVENUE Lottery Commission 1 CCR 206-1 RULES AND REGULATIONS RULE 14.E COLORADO LOTTERY MULTI-STATE JACKPOT GAME, "LUCKY FOR LIFE" BASIS AND PURPOSE FOR RULE 14.E The purpose of Rule 14.E

More information

Terminology. Organizer of a race An institution, organization or any other form of association that hosts a racing event and handles its financials.

Terminology. Organizer of a race An institution, organization or any other form of association that hosts a racing event and handles its financials. Summary The first official insurance was signed in the year 1347 in Italy. At that time it didn t bear such meaning, but as time passed, this kind of dealing with risks became very popular, because in

More information

H.S.E. PREP SEC

H.S.E. PREP SEC H.S.E. PREP COURSE @ SEC VERSION 2.0, 2018 MODULE B RATIONALS STUDENT WORKBOOK H.S.E. PREP COURSE MODULE B: RATIONALS CONTENTS REVIEW... 3 OPERATIONS WITH INTERGERS... 3 DECIMALS... 4 BASICS... 4 ADDING

More information

Chapter 21: Savings Models

Chapter 21: Savings Models October 14, 2013 This time Arithmetic Growth Simple Interest Geometric Growth Compound Interest A limit to Compounding Simple Interest Simple Interest Simple Interest is interest that is paid on the original

More information

Mental Maths Competition Topics Included. (1) Q. No. 1 to 50 are based on basic. Calculation questions related to Addition,

Mental Maths Competition Topics Included. (1) Q. No. 1 to 50 are based on basic. Calculation questions related to Addition, Mental Maths Competition 203 Topics Included. () Q. No. to 50 are based on basic. Calculation questions related to Addition, Subtraction, Multiplication and Division, doubling and halving. (2) Student

More information