Derp University: Business Mathematics

Derp university

Derp derpington
Human Resource Management

Research Paper is Business Mathematics 101
1st Tri Semester SY 2011-2012
Ms. derpina derp
TABLE OF CONTENTS

TITLE PAGE
ACKNOWLEDGEMENT ii
TOPICS
Simple Discount 1
Simple Interest 2
Four types of Interest available 3
Compounded Amount and Compound Interest 4
Linear Programming Problems * Maximization 6 * Minimization 8
Forecasting by Trend Projection 10

Acknowledgement

I would like to thank God for guiding and giving me motivation to do this math research paper; my friends for answering my questions about this paper; Dr. Masajo for giving me the opportunity to gain more knowledge; and my mother to constantly remind me to do better in college. I would like to thank my mentor, Ms. Grace Chong, for being my mentor and to aid me in my college life.

Simple Discount
Find the present value of $3800 due in 6 months at 7% discount rate. A) F = $3800 d = 7% = .07 t = 6 / 12 = 1/2

Formula: D = Fdt

Solution:
D = $3800 (.07) (1/2)
D = $133

P = F – D
P = $3800 - $133
P = $3667

Discount $2056.80 for 85 days at a discount rate of 6 ½ % B) F = 2056.80 d = 6 ½ % = .065 t = 85 / 360 = 17 / 72 years

Formula: D = Fdt

Solution:
D = $2056.80 (.065) (17/72)
D = $31.57

P = F – D
P = $2056.80 - $31.57
P = $2025.13

Simple Interest
Find simple interest on $10,000 at the rate of 5% for 5 years. Also find the amount for 5 years. A) P = $10,000
R = 5% = .05
T = 5 years = n = 5

I = PRT
I = $10,000 (.05) (5)
I = $2500

A = P + I
A = $10,000 + $2500
A = $12,500

Find simple interest on $15,600 for 1 ½ years at the rate of 8% per annum. Also find total amount. B) P = $15,600
R = 8% = .08
T = 1 ½ = n = 1 ½

I = PRT
I = $15,600 (.08) (1½)
I = $1872

A = P + I
A = $15,600 + $1872
A = $17472

4 Types of Interest Available
Find the different interest on $1000 at 6% from June 23