Title of Assignment Assignment: Case Study Student Name: Student ID: Weight: 10% Marks: 35 Learning Outcomes · Apply compound interest formulas to solve basic financial problems. · Prepare a Word...

1 answer below »
I just need these questions answered with work in a word document.


Title of Assignment Assignment: Case Study Student Name:Student ID: Weight: 10% Marks: 35 Learning Outcomes · Apply compound interest formulas to solve basic financial problems. · Prepare a Word document to present financial findings. Purpose This assignment provides you with an opportunity to solve compound interest problems in a practical application. The finished document requires you to focus not only on mathematics but also professional writing and formatting of a Word document. Instructions Who: This assignment is completed individually. What: Complete Case 9b on page 432 of the Vretta text. Where: This assignment is completed out of class. When: Please refer to the Course Schedule for the assignment due date. How: The case study is to be completed in a Word document. Questions are to be solved showing the formula, substitution and final answer, as is expected on your tests. Formulas are to be entered in Word by selecting Insert, Equation and then using the equation palette in Microsoft Word to build the formulas. You may insert Excel tables for calculations if you like or simply type the values you calculated manually into the equations in Word. Either method will be accepted. Please write out the final answer to each question in a sentence and include an introduction to your case as well as the original questions. Your case should "read" from start to finish without having to reference the original page from the text. That is, I should be able to read it as is and know where all the values come from as well as what is being calculated. Marking Criteria Item Marks Introduction and questions included 5 Use of the Equation Editor (do not try to type in the formulas as text) 5 Solutions which include formula, substitution, answer 10 Sentence answers 4 Correctness of mathematics 8 Correctness of grammar 3 TOTAL: 35 COMMENTS: ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ 1 | School Name: Course Code/Name 1 Academic Services, BMAT 230: Business Mathematics © 2016, Southern Alberta Institute of Technology
Answered 1 days AfterAug 08, 2022

Answer To: Title of Assignment Assignment: Case Study Student Name: Student ID: Weight: 10% Marks: 35 Learning...

Rochak answered on Aug 09 2022
70 Votes
Given,
Interest Rate = 6% compounded semi-annually
Final Amount Paid = $80,654
Years = 2
Number
of periods = 2
Answer a:
Initial Principal Amount
Solving for the Initial Principal Amount, we get
Initial Principal Amount = $71,660
Accumulated Interest
= Final Amount Paid – Initial Principal Amount
= $80,654 – $71,660
= $8,994
Answer...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here