Identification

Logarithmic
_____________1. A key tool that enabled the practical use of logarithms before calculators and
computers.

Answer: table of logarithms

Explanation: before calculators were cheap, people would use tables to simplify and speed up
computation. It is common in in math and science textbook. Using a table of trigonometric function such
as the bernegger table from 1619, one might simply round up.

_____________2. He published Arithmetica integra in Nuremberg in 1544 which contains table of

integers and powers of 2 has been considered an early version of logarithmic

Answer: Michael Stifel

Explanation: he was a monk and mathematician. It is called an early version because He was the FIRST to
use the term exponent and also include the following rules for calculating powers

Business math
Interest
_____________3. It is an interest that can significantly boost investment returns over the long term.

Answer: Compound Interest

Explanation: because in compound interest, interest can make another interest or interest on interest
that will make a sum grow at a faster rate. The higher the number of compounding period, the greater
the compound interest.

Annuities
_____________4. It is structured that allow only one contributor.

Answer: Singles premium annuity

Explanation: because it does not allow additional contributors. Immediate annuities usually fall in this
category.

Amortization
___________ 5. It is one of the type of amortizing loans that are often five-year or shorter,
amortized loans that you pay down with a fixed monthly payment.
Answer: Auto Loans
Explanation: shorter loans wont risk you upside down. Auto loans dont spend much more in
interest that is why the given time is five years or shorter than it.