MAT 144 Topic 1 Discussions GCU

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https://www.coursetutor.us/product/mat-144-topic-1-discussions-gcu/\n\n\n\nMAT 144 Topic 1 DQ 1\nIn Chapter 1 of the text (1-13) you will look at calculating a monthly payment for a loan. A simpler problem is to compute the amount a loan would cost you in one month.\nUsing information from an internet source, determine the current interest rate a credit card or loan. Suppose you borrow \$1000 (or spend \$1000) on a credit card. How much will you owe in one month? 6 months if you pay nothing for 6 months?\nCompute the 6 month cost in two ways:\n1. Make 6 monthly computations. Enter these as formulas in a spreadsheet. (The goal here is really getting you to use spreadsheets and formulas for computations.)\n2. Use the formula, A= 1000(1 r)N where N = the number of periods (6) and r = the periodic interest rate = APR/12, where APR is the annual percentage rate.\n

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MAT 144 Topic 1 Discussions GCU

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MAT 144 Topic 1 DQ 1

In Chapter 1 of the text (1-13) you will look at calculating a monthly payment

for a loan. A simpler problem is to compute the amount a loan would cost you

in one month.

Using information from an internet source, determine the current interest rate

a credit card or loan. Suppose you borrow \$1000 (or spend \$1000) on a credit

card. How much will you owe in one month? 6 months if you pay nothing for 6

months?

Compute the 6 month cost in two ways:

1. Make 6 monthly computations. Enter these as formulas in a

and formulas for computations.)

2.Use the formula, A= 1000(1 + r)N where N = the number of periods (6)

and r = the periodic interest rate = APR/12, where APR is the annual

percentage rate.

MAT 144 Topic 1 DQ 2

Roll two dice and add the numbers. Roll the dice 40 times and record your

results. Find the eight descriptive statistics in the Chapter 1 for this data set.