Kaplan university mm 255 homework help

Kaplan University MM 255 Homework HelpGet help for Kaplan University MM 255 for all week assignments and discussions. We provide assignment, homework, discussions and case studies help for all subject Kaplan University for Session 2015-2016.

MM 255 Unit 1 Instructor Graded AssignmentThe Instructor Graded Assignment is a different and completely separate Assignment from the MML Graded Practice, which is an online Assignment in MML that provides practice in solving problems related to the unit concepts. The Instructor Graded Assignments for each unit contain problems that will give you practice with calculations for the topics covered in each unit. Some of these Assignments will require writing an essay to include discussion about those problems in the unit

Directions for the Instructor Graded Assignment

Go to Doc Sharing found on the top menu of the course, scroll down to “Unit 1 Instructor Graded Assignment” and click the link. The document is a template that you will complete for this Assignment and also includes the instructions for you to follow. All of your work will be done in this template. When you complete this Assignment, you will need to rename the document, save it in a place where you can find it, and then upload it to the unit Dropbox.

All Assignments are due by Tuesday at 11:59 PM ET of the assigned unit.

Submitting Your Work

Save your Assignment as a Word document with the proper naming convention: first name lastname-MM255-section-Unit X Assignment (section is your course section; X is your unit number). Make certain to save your Assignment in a location where you can find it, such as your desktop. When you are ready to submit it, go to the Dropbox and complete the steps below:

• Click the link that reads: "Submit an Assignment.”

• In the "Submit to Basket" menu, select Unit 1: Assignment.

• In the "Comments" field, make sure to add at least the title of your Assignment.

• Click the Attachments "Add/Remove" button.

• Attach your Word document.

• Click “Submit Assignment.”

To view your graded work, come back to the Dropbox or go to the Gradebook after your instructor has evaluated it.

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MM 255 Unit 2 DiscussionProportions and Electricity

Question 1:

Proportions are also a valuable tool in business. If the time it takes to do a task is directly related to the cost the business has to charge for that task, any task can be evaluated for the cost. Set up a proportion and solve it to demonstrate this type of business application. (An example might be 5 hours / $20 = 10 hours / x). Remember that setting the cross products (multiplications) equal, and then solving for x is the way to solve a proportion.

Question 2:

Equations are used to demonstrate many different things. In the equation C = 0.17x, C stands for cost and x stands for the number of kilowatt hours of electricity a business might use in a month. Determine the cost of electricity for 1,000, 1,500, and 3,000 kilowatt hours of usage. Also, show how C / .17 = x is can be used to determine how many kilowatt hours have been used if you know cost and rate per kilowatt hour ($0.17). Find an electric bill for your home or apartment and determine the cost per kilowatt hour, or research your power provider for this information. Share your findings with the class.

Participation:

Provide two replies to other student posts. The replies can refer to either question. These replies should be at least 2–3 sentences and should be written to further the discussion.

Discussion Best Practices

The Discussion Board is where you post your responses to the Discussion topics and share your experiences in completing exercises and applying the concepts of this course. You will need to post an initial response that thoroughly covers the topic(s). You will also need to respond substantially to at least two of your classmates’ posts. These replies should be at least 2–3 sentences that further the discussion (remark on something specific from the post, tactfully point out mistakes, ask questions about the post, etc.). You should post throughout the unit to get assistance on problems with which you may be having issues. This will also to give your classmates the opportunity to respond to your ideas.

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MM 255 Unit 2 AssignmentThe cost of a pound of meat is $2.50. Jacob has $40.00 to spend on mat and other Groceries. He $25.00 on meat. How many pounds of meat did he buy?

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MM/255 Unit 3 DiscussionSimple Interest

The simple interest formula is I = Prt (Interest = Principal * rate * time). This is one way that interest is calculated on a loan or investment.

Create a loan scenario: Tell a story about the purpose of the loan, who was involved, and explain the terms and conditions of the loan. Present your scenario to the class; make sure it includes values for three of the four variables for the simple interest formula. Do not solve the problem, but let your classmates complete the solution.

Participation:

Provide two replies to other student posts. These replies should be at least 2–3 sentences and should be written to further the discussion.



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MM 255 Unit 3 AssignmentQuestion 1:)

a) State the simple interest formula and explain how simple interest is calculated.

b) Calculate the simple interest for a loan for $39,545 for 3 1/2 years at 7.5% interest per year. Round to the nearest cent.

c) How much is owed in total at the maturity date?

Question 2: (10 Points)

2) You decide to take out a loan for $6,000, at 7% yearly interest on the date that Unit 4 starts. If you repay the loan on December 31st (at the end of the current year).

a) Exact time (days) of loan:

b) Using ordinary interest, calculate the interest and total owed.

c) Using exact interest, calculate the interest and total owed

3)You decide to take out an ordinary interest loan of $30,000 at 4%, on a 90 day note.

a) In 45 days you decide to make a payment of $10,000 on the loan. What is your new principal? Explain how you got the answer.

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MM 255 Unit 4 DiscussionConsumer Credit

Question 1:

Critique the use of bank debit cards. Bank debit cards are becoming a popular alternative to using checks or credit cards. Investigate the advantages and disadvantages of using a bank debit card and answer the questions below.

Here are some ideas to consider in your investigation:

• Convenience to account holders

• Float time

• Record of transactions

• Financial privacy/safety



• Card loss/theft liability

• Checkbook balancing

• Vendor acceptance

• Usage fees by banks

• Usage fees by vendors

• Ease of administration by banks

• Ease of administration by vendors

Where did you get your information?

• Was it the most reliable resource? Why or why not?

• How could you have improved the reliability of your resource?

• How has technology, such as online banking, affected these aspects? Discuss any pros and cons about the effects of technology on the aspects of reliability.

Question 2:

An installment loan is a loan that has regular payments due by the borrower. Search the Internet to find an article or application of a type of installment loan that you find interesting, that you encounter on a daily basis, or that you find in your profession. Present this article or application to the class and explain why you chose the example. Find the amount financed, the installment price, and the finance charge of the installment loan. Include the URL for the site you used. Do not copy the text in the site verbatim. You should summarize your findings.

Participation:




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MM 255 Unit 5 DiscussionCompound Interest Value

Question 1:

Explain which of the two options below results in a lower balance after 6 months on an investment of $6,000.

• Annual simple interest of 12% applied at the end of 6 months.

• A monthly interest rate of 1% applied at the end of each month and before the start of the next month. (Compound interest at 12% per year, compounded monthly.)

Discuss why the two methods result in different results.

In what circumstances might you select one option over another?

Question 2:

An increase in value of any collection is not guaranteed for a variety of reasons. If you are a collector, please use your own collection to answer the following questions. If you are not a collector, research to find a collection for your answers.

a. What are some of the factors that could cause the value of your collection to drop in the future?

b. What questions should an investor ask before investing in anything?

c. If no new memorabilia can be created with an autograph, how does the idea of scarcity increase the value of an item?

Participation:



The Discussion Board is where you post your responses to the Discussion topics and share your experiences in completing exercises and applying the concepts of this course. You will need to post an initial response that thoroughly covers the topic(s). You will also need to respond substantially to at least two of your classmates’ posts. These replies should be at least 2–3 sentences that further the discussion (remark on something specific from the post, tactfully point out mistakes, ask questions about the post,



etc.). You should post throughout the unit to get assistance on problems with which you may be having issues. This will also to give your classmates the opportunity to respond to your ideas.

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MM 255 Unit 5 Instructor Graded AssignmentQuestion 1:

Calculate the future value of an investment of $1,000, after 6 months, earning 6% APR, compounded monthly, by compounding manually.

Question 2:

Find the future value of a $150,000 Certificate of Deposit that pays compounded interest every six months at the rate of 4% per year. The CD has a term of 5 years.

Calculate the FV (Future Value) using the “Future Value or Compound Amount of $1.00” table in your textbook.

a )Calculate the FV (Future Value) using the formula: FV = P(1 + R)N

b )How much interest was earned on the investment?

Question 3

You inherit $200,000 and decide to invest it for 28 days compounded daily at 6% annual interest. After the 28 days, you are going to invest your new found money in a startup business.

a) How much interest is earned on this investment?

b) How much money will you have to invest in the startup after the 28 days?

Question 4:

How much money must be invested into an account paying 6% annually, compounded annually, to have $500,000 in 25 years when I retire?

a) Calculate the PV (Present Value) using the “Present Value of $1.00” table in your textbook

b) Calculate the PV (Present Value) using the formula: PV = FV / (1 +R)N

c) How much interest did you earn over the life of the investment?

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MM/255 Unit 6 DiscussionAnnuities:

Saving for retirement or a large purchase, such as a house, can be done by beginning with a small amount per month; as your income increases, the amount you set aside per month can also increase.

Choose a scenario of savings in a retirement plan such as a 401(k) or an annuity. Plan a monthly deposit (you choose the amount, but be realistic) for 5 years into an account that will earn interest at 5%. Find the future value for this account. Calculate the amount of interest earned on this account.

Then, calculate that same monthly investment amount for 30 years. Calculate the future value of the investment after the 30 years. Calculate the amount of interest on this account as well.

Discuss how a small, monthly investment can grow into a substantial amount if you are consistent and do not touch the funds as they grow.

Participation:




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MM 255 Unit 7 DiscussionStatistics in Business

Do some research, from a reliable source, such as the U.S. Department of Labor (not a scholastic or school site or Wikipedia) to find an interesting set of data and present the mean, median, mode, and standard deviation for this data set. In your initial post, fully explain the information and/or make predictions for the future based on your findings. For example, if you are using previous sales for your data set, you might want to predict future sales or suggest wholesale ordering of product for the business to sell.



Participation:




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MM 255 Unit 7 Instructor Graded AssignmentBusiness Statistics

Unit 7 focuses on descriptive business statistics, which is covered in your reading of Chapter 7: “Business Statistics.”

You must show your work at all times. The steps for solving each problem must be explained. Failure to do so could result in your submission being given a 0 grade. If you have any questions about how much work to show, please contact your instructor.

Assignments must be submitted as a Microsoft® Word® document and uploaded to the Dropbox for Unit 7. Type all answers directly in this Assignment below each question.

All Assignments are due by Tuesday at 11:59 p.m. ET of the assigned unit.

Available Resources

One of the benefits of attending here at Kaplan is that we have a tremendous amount of resources available for you. If you find yourself having difficulties completing this exercise consider taking advantage on one or more of the following resources:

1. Textbook: The textbook reading assigned for each unit includes the topics and calculation details for each type of problems you will complete.



2. LiveBinders: In the LiveBinder for the unit, you will find more informationon unit topics, example problems, and video content on the unit’s topics. To access the LiveBinder for a unit, use the menu on the left side of the classroom, select the unit you are in, and when you click the unit link several additional links will appear below the unit heading, one of those links will be “Live Binders.”

3. KU Math Center: Take advantage of the KU Math Center’s many services:

a. Math Tutoring

b. Question & Answer Services

c. Request a Video Example Services

d. Project Review Services (be sure to submit Assignments early enough to receive feedback and make corrections before the Assignment due date (24 hour turn-around times Monday-Thursday and 48 hour turn-around times on weekends are typical).

e. Math Center Reference Library

To access the KU Math Center start at the KU Campus Home Page. From the KU Campus Home Page, select My Studies (top menu bar), then select Academic Support Center, and review the Math Center offerings.

4. Email Your Instructor: Your instructor is only an email away; when you cannot make any more progress on a problem, reach out. Send your instructor the work you started and steps of the problem you have completed so far, and ask for help. Your instructor will respond within 24 hours

Business Statistics Assignment (Total 40 Points)


Find the mean, median and mode of the following:

Presto Printing Company sales for the month of February.

(NOTE: The company is closed on Sundays.)

February 2: $4,694

February 3: $5,954

February 4: $3,309

February 5: $3,106

February 6: $7,124

February 7: $2,149

February 9: $3,123

February 10: $4,128

February 11: $3,198

February 12: $2,198

February 13: $7,287

February 14: $1,123

February 16: $4,598

February 17: $3,987

February 18: $3,099

February 19: $3,098

February 20: $5,980

February 21: $3,209

February 23: $6,531

February 24: $3,098

February 25: $4,598

February 26: $4,873

February 27: $9,876

February 28: $5,878


a) Set up a frequency distribution table and calculate the relative frequency for the following quiz scores that Matt achieved in his Algebra course:

Matt’s Quiz Scores: 85, 88, 92, 79, 100, 78, 61, 60, 79, 99, 100, 69, 98, 85, 92, 79, 81, 85, 100, and 100.

Use the following frequency intervals:

60 – 70

70 – 80

80 - 90

90 – 100

b) Calculate the variance and standard deviation for Matt’s quiz scores.

Suggestion: set the problem up in steps within a table like the textbook illustrates.


Patrick’s Average Sales:

Monday $4,099

Tuesday $6,900

Wednesday $0

Thursday $10,000

Friday $9,007

Saturday $9,766

Sunday $0

Is it better for Patrick to earn 7.5% based on his average daily sales or a flat $4,000 for the week?

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MM 255 Unit 8 DiscussionTables or Graphs

Using the Internet, the text, or another reliable source such as a newspaper or periodical site, (not a scholastic or school site like Khan Academy and not Wikipedia), research some important data that has been presented in graph or table format. Make sure to cut and paste the chart or table; if that is not possible, paste a link to the webpage. (Check it to be sure it links correctly.) Present your graph and fully explain the information it is representing. Pose one question regarding the data and graph or chart for your fellow students to consider and respond to in your post.

Participation:





The Discussion Board is where you post your responses to the Discussion topics and share your experiences in completing exercises and applying the concepts of this course. You will need to post an initial response that thoroughly covers the topic(s). You will also need to respond substantially to at least two of your classmate’s posts. These replies should be at least 2–3 sentences that further the discussion (remark on something specific from the post, tactfully point out mistakes, ask questions about the post, etc.). You should post throughout the unit to get assistance on problems with which you may be having issues. This will also to give your classmates the opportunity to respond to your ideas.

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MM 255 Unit 8 Instructor Graded AssignmentThe Instructor Graded Assignment is a different and completely separate Assignment from the MML Graded Practice.

The Instructor Graded Assignment for this unit will involve creating graphs, charts, and tables, which are used in most any application. Graphs and charts can illustrate most any set of data, but in this Assignment, you will demonstrate that sometimes graphs or charts can be confusing or too busy or too stark to be effective.

Directions for the Instructor Graded Assignment

Go to Doc Sharing found on the top menu of the course, scroll down to “Unit 8 Instructor Graded Assignment,” and click the link. The document is a template that you will complete for this Assignment and also includes the instructions for you to follow. All of your work will be done in this template. When you complete this Assignment, you will need to rename the document, save it in a place where you can find it, and then upload it to the unit Dropbox.

All Assignments are due by Tuesday at 11:59 p.m. ET of the assigned unit.

Submitting Your Work

Save your Assignment as a Word document with the proper naming convention: last name first name-MM255-section-Unit X Assignment (section is your course section; X is your unit number). Make certain to save your Assignment in a location where you can find it, such as your desktop. When you are ready to submit it, go to the Dropbox and complete the steps below:

• Click the link that reads: "Submit an Assignment.”



• In the "Submit to Basket" menu, select Unit 8: Assignment.

• In the "Comments" field, make sure to add at least the title of your Assignment.

• Click the Attachments "Add/Remove" button.

• Attach your Word document.

• Click “Submit Assignment.”

To view your graded work, come back to the Dropbox or go to the Gradebook after your instructor has evaluated it.

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MM 255 Unit 9 DiscussionFind a home that is for sale in your area (purchase price must be at least $20,000). Include the link that will take the class to the webpage for the home.

• You will finance 80% of the purchase price. Using 5% as the interest on your 30-year fixed rate mortgage, calculate the monthly payment using the factor table from the textbook.

• Calculate the payment using the same 5%, but for a 15-year mortgage.

• Real estate taxes amount to 1% of the sales price and the insurance premium is .5% of the sales price per year. Calculate the total monthly PITI payment.

• Present your findings to your classmates and explain how much interest you would save over the life of the loan if you used the 15-year versus the 30-year loan. Show your calculations.

Participation:



The Discussion Board is where you post your responses to the Discussion topics and share your experiences in completing exercises and applying the concepts of this course. You will need to post an initial response that thoroughly covers the topic(s). You will also need to respond substantially to at least two of your classmates’ posts. These replies should be at least 2–3 sentences that further the discussion (remark on something specific from the post, tactfully point out mistakes, ask questions about the post,



etc.). You should post throughout the unit to get assistance on problems with which you may be having issues. This will also to give your classmates the opportunity to respond to your ideas.

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MM 255 Unit 10 DiscussionBusiness Decisions

Research the different methods of business decision making. Present the best method you have found. Develop a business financial problem and use the method you have chosen to analyze your dilemma and come up with a solution based on the method you chose to implement. Present your problem to your classmates on the Discussion Board, how you worked through the issue, and the conclusion you reached. Make sure to show all of the steps and calculations you have used to make your decision. Be creative!

Participation:




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Kaplan university mm 255 homework help