FURNACE AND MACHINERY

CAREER:

SUBJECT: Financial Mathematics

QUARTER:

SCHOOL YEAR: 22-1

"DELIVERABLE NUMBER 1"

STUDENT:

DATE:

PROFESSOR: Dr. Alejandra Colorado Sánchez

 Correctly solve the following questions by filling in each of the
requested boxes, the work can be done by computer or by hand,
you are only requested to write legible letters and numbers,
otherwise will VOID THE QUALIFICATION. Do not forget to refer to
the rubric for this activity.

Exercise 1: IS
Mr. Gutiérrez lends $350,000 for two months, taking into account one year at an interest
rate of 18.25% What will be the amount?
(Don't forget to check out my video on this topic: Dr. Ale Colorado)
Formula In this box write the formula you will use to solve this exercise.

M=c(1+it)

We find the time

In this box type the SUBSTITUTION of the formula you will use to solve
this exercise.

Replaceme
nt

The amount would be $360,645.83 for 2 months.

Final In the colored box, place with large and
Result PERFECTLY LEGIBLE numbers your results,
REMARK well the decimal point.

Exercise 2: IC
How long will it take for $900 to become $5000 at an annual rate of 11.15% compounded
bimonthly?
(Don't forget to check out my video on this topic: Dr. Ale Colorado)
Formula In this box write the formula you will use to solve this exercise.

In this box type the SUBSTITUTION of the formula you will use to solve
this exercise.

Replaceme
nt

t= 15 years, 6 months and 8 days

Final In the colored box, place with large and 15 years 6 months and 8
Result PERFECTLY LEGIBLE numbers your results, days
REMARK well the decimal point.

Exercise 3:
Mr. Juan participates in a "tanda" and it is his eighteenth month to be paid. If in 18
months you will receive $52,000, what is the present value of your batch with a simple
interest rate of 12.52% per annum?
(Don't forget to check out my video on this topic: Dr. Ale Colorado)
Formula In this box write the formula you will use to solve this exercise.

C= M
----------
1+(i)(t) 1+(i)(t)

In this box type the SUBSTITUTION of the formula you will use to solve
this exercise.

Replaceme
nt

The current value of your batch is $43,778.41

Final In the colored box, place with large and $43.778,41

Result PERFECTLY LEGIBLE numbers your results,
REMARK well the decimal point.

Exercise 4:
Find the sum of the first 20 digits of the progression 16, 12, 8.......
(Don't forget to check the video called arithmetic progressions by my author Dr. Ale
Colorado).
Formula In this box write the formula you will use to solve this exercise.

In this box type the SUBSTITUTION of the formula you will use to solve
this exercise.

Replaceme
nt

Final In the colored box, place with large and

Result PERFECTLY LEGIBLE numbers your results, -440
REMARK well the decimal point.

Exercise 5:
Find the sum of the first 12 terms of the progression 16, -8, 4.......
(Don't forget to check the video called geometric progressions by my author Dr. Ale
Colorado).
Formula In this box write the formula you will use to solve this exercise.
 In this box type the SUBSTITUTION of the formula you will use to solve
this exercise.

Replaceme
nt

Final In the colored box, place with large and 10.6692

Result PERFECTLY LEGIBLE numbers your results,
REMARK well the decimal point.