Interactive Exercises
These exercises will walk you through computational problems supporting selected chapters of Business Mathematics in Canada, 4th Edition, by F. Ernest Jerome. The exercises include useful step-by-step calculations and other feedback.
    At any time within the exercises, click the climber to return to this index.

Chapter 4 — Mathematics of Merchandising
1.Trade Discounts
2.Cash Discounts and Terms of Payment
3.Cash Discounts and Terms of Payment
4.Trade Discounts
5.Cash Discounts and Terms of Payment
6.Markup
7.Markup
8.Markup
9.Markdown
10.Markdown
11.Markdown
12.Putting it all together
13a.Putting it all together, Part A
13b.Putting it all together, Part B
14.Putting it all together
15.Putting it all together
 
Chapter 8 — Compound Interest: Future Value and Present Value
1.Future Value
2.Future Value
3.Present Value
4.Present Value
5.Using Financial Calculators
Exercise 5 is a repetition of the first 4 exercises, to be answered using a financial calculator.
 
Chapter 9 — Compound Interest: Further Topics and Applications
1.Calculating the Periodic Interest Rate
2.Calculating the Number of Compounding Periods
3.Effective Interest Rate
4.Equivalent Interest Rates
5.Equivalent Interest Rates
 
Chapter 10 — Ordinary Annuities: Future Value and Present Value
1.Future Value of an Ordinary Simple Annuity
2.Future Value of an Ordinary Simple Annuity
3.Present Value of an Ordinary Simple Annuity
4.Present Value of an Ordinary Simple Annuity
5.Ordinary General Annuities
6.Ordinary General Annuities
7.Ordinary General Annuities
8.Ordinary General Annuities
9.Ordinary General Annuities
 
Chapter 11 — Ordinary Annuities: Payment Size, Term, and Interest Rate
1.Calculating the Number of Payments
2.Calculating the Periodic Payment and Calculating the Number of Payments
3.Calculating the Interest Rate
4.Calculating the Interest Rate
5.Calculating the Periodic Payment
6.Calculating the Periodic Payment
7.Calculating the Interest Rate

 
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