A. Martin November 13, 2014
Math for Business Decisions I — Portfolio Problem #3 (Chapter 5)
The Portfolio Problems are designed to give you practice in submitting a professional-looking
presentation of your work. Consequently, you want these documents to reflect your personal
level of excellence to make a good impression with potential business associates. The following
requirements for submitting 1324 Portfolio Problem all s will help you achieve this:
1. All work must be done . You print the portfolio p in pencil only MUST ages and do your work on
those pages, not on other paper. Errors should be fully erased, not marked through. Portfolio
pages MUST be stapled together. Do not attach spiral paper with ragged edges. Neat work
automatically makes a good first impression.
2. All your steps must be shown to receive full credit for your answers. If work is done on the
calculator, you must still show how you set up the problem before entering it into your calculator.
3. Answers requiring complete sentences should include proper capitalization, correct spelling, and
appropriate punctuation. This is formal writing, not texting.
4. Any graphs should be drawn using a straight edge, not sketched free hand. All graphs should be
labeled with the equation or inequality. Ordered pairs should always be in parentheses.
The following problem uses the Chapter 5 skills you have learned to study the issue of saving for
retirement. You may work alone in small groups to or do the work in this problem. You may
use your book, notes, etc. to help you complete the problem, but please do not ask the Math
Outreach Center tutors for help in working this problem. Late portfolio problems will be not
accepted.
Portfolio Problem #3 Due Date: Tuesday, November 25, 2014 at the of Class! Beginning
(The total problem is worth 100 points.)
When people are struggling financially, they often don’t believe that they can make a difference in their
financial security in future years by disciplining themselves to save money regularly now. The goal is
simply too big to tackle when you are struggling to make ends meet every month. Instead, people in
this situation often fall prey to one of two self-defeating behaviors:
A. They invest money in a fantasy like buying lottery tickets with hopes of winning a $30 million
jackpot for an investment of a few dollars’ worth of tickets, , OR
B. They know that trying to win the lottery isn’t practical, so they offer themselves a small, often daily
luxury that they feel they can afford, like a mocha latte from the local coffee house. (Another
example of such an indulgence would be a weekly pedicure.)
A. Martin November 13, 2014
Math for Business Decisions I — Portfolio Problem #3 (Chapter 5)
The Portfolio Problems are designed to give you practice in submitting a professional-looking
presentation of your work. Consequently, you want these documents to reflect your personal
level of excellence to make a good impression with potential business associates. The following
requirements for submitting 1324 Portfolio Problem all s will help you achieve this:
1. All work must be done . You print the portfolio p in pencil only MUST ages and do your work on
those pages, not on other paper. Errors should be fully erased, not marked through. Portfolio
pages MUST be stapled together. Do not attach spiral paper with ragged edges. Neat work
automatically makes a good first impression.
2. All your steps must be shown to receive full credit for your answers. If work is done on the
calculator, you must still show how you set up the problem before entering it into your calculator.
3. Answers requiring complete sentences should include proper capitalization, correct spelling, and
appropriate punctuation. This is formal writing, not texting.
4. Any graphs should be drawn using a straight edge, not sketched free hand. All graphs should be
labeled with the equation or inequality. Ordered pairs should always be in parentheses.
The following problem uses the Chapter 5 skills you have learned to study the issue of saving for
retirement. You may work alone in small groups to or do the work in this problem. You may
use your book, notes, etc. to help you complete the problem, but please do not ask the Math
Outreach Center tutors for help in working this problem. Late portfolio problems will be not
accepted.
Portfolio Problem #3 Due Date: Tuesday, November 25, 2014 at the of Class! Beginning
(The total problem is worth 100 points.)
When people are struggling financially, they often don’t believe that they can make a difference in their
financial security in future years by disciplining themselves to save money regularly now. The goal is
simply too big to tackle when you are struggling to make ends meet every month. Instead, people in
this situation often fall prey to one of two self-defeating behaviors:
A. They invest money in a fantasy like buying lottery tickets with hopes of winning a $30 million
jackpot for an investment of a few dollars’ worth of tickets, , OR
B. They know that trying to win the lottery isn’t practical, so they offer themselves a small, often daily
luxury that they feel they can afford, like a mocha latte from the local coffee house. (Another
example of such an indulgence would be a weekly pedicure.)