Chapter 21 Video Podcasts and Lecture Notes

Reading Assignment Video Lecture Notes
21.1 Arithmetic Growth
and Simple Interest
pages 767 - 769
Section 21.1
Section 21.1
Lecture notes
21.2 Geometric Growth
and Compound Interest
pages 769 - 777
Section 21.2
Section 21.2
Lecture notes
21.3 A Limit to Compounding
pages 778 - 780
Section 21.3
Section 21.3
Lecture notes
21.4 A Model for Saving
pages 780 - 784
Section 21.4
Section 21.4
Lecture notes
21.5 Present Value
and Inflation
pages 784 - 788
Section 21.5
Section 21.5
Lecture notes

Quiz 6 Chapter 21 (Sakai-> Tests & Quizzes)

  • The quiz for Chapter 21 will only be available from 12:00am Nov. 21 - 11:55pm Dec. 9.
  • The quiz will consist of 10 multiple choice questions.
  • You will have a maximum of two hours to complete the quiz.
  • You will be allow two tries. The computer will only accept the last score. If you are happy with your score on the first try, do not try again. I cannot change your grade back.
  • Failure to take a quiz in the given time slot will be given a zero. No exceptions!

Homework Assignments (Sakai-> Assignments)

  • Chapter 21
    pages 794 - 800 Problems 3, 11, 12, 24, 56
    Due by 11:55 pm Monday Dec. 9. Use the Assignments tool to submit homework.
  • I will grade and return the homework within two days. I suggest doing the homework and wait for it to be graded before attempting the Quiz.
  • I am only collecting the even problems. Do a similar odd problem and all of the Skill Check problems to make sure you understand the concepts. The answers to the odd problems and the Skill Check problems are in the back of the book!!
  • I will NOT accept homework with answers only.

Companion Website

  • Go to the companion website and navigate to applet exercises for chapter 21 and try the applet Saving for Retirement
  • In the companion website navigate to Video Clips for chapter 21.
    • Watch the movie The Mathematics of Geometric Growth
    • Watch the movie A Model for Accumulation
    • Watch the movie Exponential Decay
  • In the companion website try online quiz for chapter 21.

Discussion Topic (Sakai-> Forums)

  • Should you stock up on “forever” stamps? In 2007 the U.S. Postal Service began selling such stamps, which will suffice for first-class postage at any time in the future, even when rates rise. Until rates rise, these stamps cost $0.41. Would it be a good investment to buy a “lifetime supply” of them? To render your judgment, compare the historic increases postal rates (see with the CPI (p. 816). For example, you could convert postal rates at each of the dates of change to the cost in today's dollars, then see if there appears to be a recent trend that you can project into the future.
  • Discussion for Chapter 21 will open at 12:00 am Thursday Nov. 21.
  • You are required to participate in the discussion boards.
  • Discussion topic will end at 11:55 pm Monday Dec. 9.
  • See the syllabus on the grading rubric for discussions.

James Baglama

Texting hours 9am - 8pm
(401) 268-7160
Office hour:
By appointment only

For All Practical Purposes

The required textbook, "For All Practical Purposes", 9th edition by COMAP, Publisher W.H. Freeman. Do NOT use an older edition. All students must have either a phyiscal copy of the textbook or an ebook.Click on the textbook above to go to the ebook.

For All Practical Purposes Campanion Site

The required textbook, The textbook "For All Practical Purposes", 9th edition by COMAP,Publisher W.H. Freeman has a campanion website. The campanion website contains a lot helpful material,e.g. Java Applets, falshcards, practice quizzes. The site can be accessed via the link Campanion or click on the picture above to go to the campanion website.