Finite Math Tru and False with examples. Can anyone do this please

Submissions accepted: 8/6/2014 | 12:00 AM Review: Full, Anonymous: No

Finite Mathematics

True or False 1. True or false. When simple interest is used, the accumulated amount is a linear function of time.

2. True or false. Compound interest that is converted once a year is the same as simple interest.

3. True or false. If interest is compounded annually, then the effective rate of interest is the same as the nominal rate of interest.

4. True or false. The present value is always smaller than the future value.

5. True or false. The future value of an annuity can be found by adding together all the payments that are paid into an account.

6. True or false. The periodic payment R where and P is the loan amount and i is the interest per period that will amortize the loan at the end of the term comprising n periods.

7. True or false. A sinking fund is the accumulated amount to be realized at some future date (the end of the term) when a fixed number of periodic payments are paid into an account earning interest at the rate of i per period.

Criteria Grade

Answers are correct.

Questions are answered completely.

Strategies used to answer questions are appropriate.

80%-100%

Answers are mostly correct.

Most questions are answered completely.

Most strategies used to answer questions are appropriate.

60%-79%

Some answers are correct.

Some questions are answered completely and work is partially shown.

Some strategies used to answer questions are appropriate.

40%-59%

Few answers are correct.

Few questions are answered completely and work is not shown.

Few strategies used to answer questions are appropriate.

20%-39%

Assignment not complete. 0% - 19%

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