Solution Manual for Calculus for Business, Economics, and the Social and Life Sciences
Solution Manual for Calculus for Business, Economics, and the Social and Life Sciences
SOLUTION MANUAL For Calculus for Business, Economics, and the Social and Life Sciences 10th Edition By Laurence D. Hoffman , Gerald L. Bradley || Updated Version A+
All for this textbook (5)
Written for
Solution Manual for Calculus for Business, Economi
All documents for this subject (3)
Seller
Follow
kushboopatel6867
Content preview
Solution Manual for Calculus for Business, Economics,
and the Social and Life Sciences, Brief Version, 11th
Edition By Hoffmann
Using the straight-line depreciation method to find the depreciation in Year 1 over a
5-year period for a $1200 asset with a $200 salvage value
A. $200
B. $333
C. $400
D. $240 - ANSWER: A. $200
If a 5-year asset has a value of $1200 at the end of Year 1 using $300 annual
depreciation the value at the end of Year 2 is:
A. $300
B. $1000
C. $900
D. $1500 - ANSWER: C. $900
A heating and air conditioning unit cost $1200. There is a $300 shipping charge and it
will cost $200 to hire an installation technician. After 5 years, the unit will have a
salvage value of $200. The depreciation in Year using the sum of the years method is:
A. $400
B. $500
C. $300
D. $600 - ANSWER: A. $400
Which type of transaction cannot be completed using online banking?
A. verify account balance
B. pay a bill
C. transfer funds from one account to another account
D. make a cash deposit - ANSWER: D. make a cash deposit
A service charge is usually associated with:
A. making a deposit
B. making a withdrawal
C. a checking account
D. a savings account - ANSWER: C. a checking account
Using a debit card requires:
A. having a credit card
B. a savings account
C. a PIN
, D. a high credit score - ANSWER: C. a PIN
When you write a check and the amount (in numbers) is different from the amount
(in words), which takes precedence?
A. the amount in numbers
B. the amount in words
C. it is determined by the bank cashing the check
D. the check is void - ANSWER: B. the amount in words
When you make an ATM transaction,you should:
A. record the PIN on the receipt
B. record the transaction in your register
C. not consider the fee
D. tear up the receipt - ANSWER: B. record the transaction in your register
When reconciling a bank statement, what items(s) must be subtracted from the
checkbook register?
A. service charges
B. deposits
C. cleared checks
D. ATM deposits - ANSWER: A. service charges
The lowest monthly payment for a PITI loan is from:
A. an adjustable-rate loan
B. a fixed-rate loan
C. a variable-rate loan
D. an interest only loan - ANSWER: D. an interest only loan
Monthly principal and interest for an automobile loan is $510. Annual taxes are
$1200 and insurance is $600. The total monthly payment is:
A. $510
B. $660
C.$2310
D.192.50 - ANSWER: B. $660
Bill's mortgage balance is $70,000 with a 7% annual interest rate. His monthly
payment is $465. What will be his balance next month?
A.$69,591.67
B.$ 65,115.95
C. $69,943.33
D. $65,100.00 - ANSWER: C. $69,943.33
When a person makes installment payments, the APR is:
A. lower than the simple interest rate
B. the same as the simple interest rate
C. higher than the simple interest rate
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller kushboopatel6867. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.99. You're not tied to anything after your purchase.