Liberal art math 2 – unit 2
- complete unit 2 test and the following topics.
- Unit 2 IntroductionWeb Page
- Section Notes 10.2 Personal Loans & Simple InterestLink
- Section Notes 10.3 Compound InterestLink
- Section Notes 10.4 Installment BuyingLink
- Section Notes 10.5 Buying a House with a MortgageLink
- Section Notes 10.6 Ordinary Annuities, Sinking Funds, Retirement InvestmentsLink
- Unit 2 FormulasPDF document
- Unit 2 MyMathLab AssignmentsWeb Page
- Unit 2 Discussion: Consumer MathematicsDiscussion TopicIn Unit 2, we are learning about consumer mathematics. For this discussion, you will post at least twice – 1) an initial post, and then 2) a reply to a classmate.For your initial postSelect one of the following statements and determine whether the statement makes sense or does not make sense. Explain your reasoning and include an example to support your answer. You must include calculations or links to websites to support your answer.1. If I put $10 at the end of each month into an annuity that pays 3.5% compounded monthly, I’ll be able to retire comfortably in just 30 years.2. When I invest my money, I’m making a trade-off between risk and return.3. I have little tolerance for risk, so I must be willing to accept lower returns on my investments.4. I appreciate my Roth IRA because I do not need to pay taxes on my deposits.For your replyRespond to another student’s post.(Learning Objectives Assessed: 4a, 4b)
Section Notes Text-Only Accessible Versions
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