Login

Search the forums now!

Welcome, Guest. Please login or register.

March 11, 2026, 06:28:52 am
Pages: [1] 2   Go Down

Author Topic: Question driving me nuts  (Read 4578 times)  Share 

0 Members and 1 Guest are viewing this topic.

kenhung123

  • Victorian
  • ATAR Notes Legend
  • *******
  • Posts: 3373
  • Respect: +7
Question driving me nuts
« on: April 26, 2010, 04:04:50 pm »
0
For 21b I did 100+32*52*2=3428
I=3428-1095=2333

r=100I/Pt
 =(100x2333)/(100x2)

Is my P wrong?
« Last Edit: April 26, 2010, 04:33:33 pm by kenhung123 »
Logged

m@tty

  • Victorian
  • ATAR Notes Legend
  • *******
  • Posts: 4324
  • Respect: +33
  • School: Heatherton Christian College
  • School Grad Year: 2010
Re: Question driving me nuts
« Reply #1 on: April 26, 2010, 04:07:21 pm »
0
Umm, what is the question??
Logged
2009/2010: Mathematical Methods(non-CAS) ; Business Management | English ; Literature - Physics ; Chemistry - Specialist Mathematics ; MUEP Maths

96.85

2011-2015: Bachelor of Aerospace Engineering and Bachelor of Science, Monash University

2015-____: To infinity and beyond.

kenhung123

  • Victorian
  • ATAR Notes Legend
  • *******
  • Posts: 3373
  • Respect: +7
Re: Question driving me nuts
« Reply #2 on: April 26, 2010, 04:33:47 pm »
0
Argh sorry. I always forget it!
Logged

mba

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 366
  • Respect: +2
Re: Question driving me nuts
« Reply #3 on: April 26, 2010, 08:23:13 pm »
0
What chapter is this from the Essentials text?
MBA
Logged
Graduate '10
95.00                       www.vcecommerce.net

kenhung123

  • Victorian
  • ATAR Notes Legend
  • *******
  • Posts: 3373
  • Respect: +7
Re: Question driving me nuts
« Reply #4 on: April 26, 2010, 08:28:57 pm »
0
20
Logged

mba

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 366
  • Respect: +2
Re: Question driving me nuts
« Reply #5 on: April 26, 2010, 09:06:45 pm »
0
Chapter 20 what? A,B C?
Logged
Graduate '10
95.00                       www.vcecommerce.net

kenhung123

  • Victorian
  • ATAR Notes Legend
  • *******
  • Posts: 3373
  • Respect: +7
Re: Question driving me nuts
« Reply #6 on: April 26, 2010, 09:12:01 pm »
0
B
Logged

mba

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 366
  • Respect: +2
Re: Question driving me nuts
« Reply #7 on: April 26, 2010, 09:46:35 pm »
0
« Last Edit: April 26, 2010, 09:49:45 pm by mba »
Logged
Graduate '10
95.00                       www.vcecommerce.net

mba

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 366
  • Respect: +2
Re: Question driving me nuts
« Reply #8 on: April 26, 2010, 10:15:59 pm »
0
Yes it is a strange answer, but the Essentials answer's says it's correct so I'm not arguing.   :P
Logged
Graduate '10
95.00                       www.vcecommerce.net

kenhung123

  • Victorian
  • ATAR Notes Legend
  • *******
  • Posts: 3373
  • Respect: +7
Re: Question driving me nuts
« Reply #9 on: April 26, 2010, 10:33:54 pm »
0
Why is the principal 1095-100?
Logged

samuch

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1020
  • Respect: +6
Re: Question driving me nuts
« Reply #10 on: April 26, 2010, 10:36:33 pm »
0
Quote from: kenhung123 on April 26, 2010, 10:33:54 pm
Why is the principal 1095-100?
because $100 was for the desposit therefore no interest was charged on that value

just a guess....
Logged
2008: KLD young scholar
VCE 2009: Psychology
VCE 2010: Methods (CAS), Specialist Maths, Chemistry, Physics and Literature

2011: Bachelor of commerce/science at monash

kenhung123

  • Victorian
  • ATAR Notes Legend
  • *******
  • Posts: 3373
  • Respect: +7
Re: Question driving me nuts
« Reply #11 on: April 26, 2010, 10:42:09 pm »
0
Yea....but he used P=1095-100 I thought the principal was 100
Logged

samuch

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1020
  • Respect: +6
Re: Question driving me nuts
« Reply #12 on: April 26, 2010, 10:49:35 pm »
0
nope they minus (1095-100) from the value found  (3428) so that you get the number that just involves money spent due to interest... do i make sense lol ?
Logged
2008: KLD young scholar
VCE 2009: Psychology
VCE 2010: Methods (CAS), Specialist Maths, Chemistry, Physics and Literature

2011: Bachelor of commerce/science at monash

mba

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 366
  • Respect: +2
Re: Question driving me nuts
« Reply #13 on: April 26, 2010, 11:18:12 pm »
0
Well because you are only paying interest on the amount outstanding. If you have payed a $100 deposit, that means that you are not paying interest on this amount. Therefore P = 1095 - 100.
Logged
Graduate '10
95.00                       www.vcecommerce.net

kenhung123

  • Victorian
  • ATAR Notes Legend
  • *******
  • Posts: 3373
  • Respect: +7
Re: Question driving me nuts
« Reply #14 on: April 27, 2010, 04:22:16 pm »
0
But he is paying $32 per week, he is not paying $1095 outright?
Logged
Pages: [1] 2   Go Up