# MTH 216 Week 5 Study Plan for Final Examination

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MTH 216 Week 5 Study Plan for Final Examination

https://zh.scribd.com/document/343514419/Uop-Tutorial

# 1.C Sets and Venn Diagrams

• Use Venn diagrams with three sets.

• 4.A Taking Control of Your Finances

• Calculate net cash flow.

• Analyze spending patterns and options.

• Solve application problems involving expenses.

• 4.B The Power of Compounding

• Calculate simple and compound interest.

• Find the annual percentage yield (APY).

• Calculate continuous compound interest.

• 4.C Savings Plans and Investments

• Decide if a statement involving savings plans and investments makes sense.

• Calculate and interpret balances using the savings plan formula.

• Calculate total and annual returns.

• 4.D Loan Payments, Credit Cards, and Mortgages

• Calculate loan payments, total payments, and total interest and principal.

• Analyze credit card debt.

• Analyze loan options, mortgage options, and closing costs.

• 4.E Income Taxes

• Calculate gross income, adjusted gross income, and taxable income.

• Compute FICA taxes and total tax bills.

• Calculate tax credits and deductions.

• Determine whether renting or buying is cheaper.

• 6.B Measures of Variation

• Find the standard deviation and five-number summary for a data set.

• 7.B Combining Probabilities

• Solve probability problems.

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