Finance-Annuities - Speech or Presentation Example

9. Wade Ellis buys a car for $15,002.71. He puts 10% down and obtains a simple interest amortized loan for the balance at 12 and 1/2% interest for four years. After three years and two months of making the minimum monthly payment, he sells his car. Find the unpaid balance on his loan. (Round all intermediate calculations to the nearest cent. Round the answer to the nearest cent.) 10. Four candidates, Harrison (H), Lennon (L), McCartney (M), and Starr (S), are running for regional manager.

After the polls close, ranked ballots are tallied, and the results are summarized in the table. Use the plurality method of voting to determine the winner. 11. The managers of Prints Alive (a local silk-screening business) are planning a party for their 44 employees. There are three possible locations for the party: the warehouse (W), the park (P), or the beach (B). The employees are asked to rank these choices in order of preference, and the results are summarized in the table. Use the instant runoff method to determine the winner. 12. The managers of Prints Alive (a local silk-screening business) are planning a party for their 40 employees.

There are three possible locations for the party: the warehouse (W), the park (P), or the beach (B). The employees are asked to rank these choices in order of preference, and the results are summarized in the table. Use the Borda count method to determine the