# Lesson 15 Homework 5 3 Bank

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*Sign up*## Homework

Finance 300 includes weekly online homework. Students are encouraged to practice the homework questions daily and make progress incrementally. There is no limit to the number of practice sessions during the week and there is no grade assigned for practice sessions. Homework grade is earned by completing one proctored 15-minute homework test by the end of the week.

- Practice Homework
- Homework is accessed through
**GRT** - Homework is weekly. Each weekly session opens
and closes*Saturday at 6am*.*Friday at 1pm* - There is no limit to the number of times you can do the practice sessions.
- Practice sessions are graded so that you can see which questions you answered correctly, but the grades are not included in your course grade.

- Homework is accessed through
- Graded Homework
- Proctored homework sessions will be held in the Learning Lab (36 Wohlers Hall)
**Tuesdays (4pm-5pm)****Wednesdays (4pm-5pm)****Thursdays (2pm-5pm)**and**Fridays (9am-5pm)**.

**Students must present valid University identification, register, and have the proctor validate their homework session.**- There is only one proctored, graded, homework session per student per week. There are no make-ups, no conflicts.
- The graded homework session is pulled from the same test bank as the practice homwework for the same week.
- The lowest homework score will be dropped from your grade calculation.
- Graded Homework is due on the dates and times given in the Homework Calendar.
**Time Penalty:**The time clock allows for 15 minutes. When the clock shows 0:00 time remaining clicking submit on any question will submit the entire homework. If the total time on the homework exceeds 16:00 minutes then a penalty of 4 points will be applied to your homework score.- Note that the lab closes at 5:00pm. This means that you must begin the homework by 4:45pm at the very latest in order to use the full 15 minutes allocated. Accordingly,
**entrance to the lab will be closed at 4:45pm**.

- Proctored homework sessions will be held in the Learning Lab (36 Wohlers Hall)

**The proctored lab is open for graded homework sessions ONLY. Students without proper University Identification will not be admitted to the lab. Students with anything other than the GRT graded homework session open on their computer will have their homework session immediately terminated with a score of zero. When you have completed the graded homework session you must leave the room. Any questions should be addressed to your professor, not to the proctor.**

## Technical Difficulties

The homework system runs on a system of computers; technical glitches are a fact of life. If you experience technical difficulties with the **practise homework**

- Reload the web page.
- Logout, close the web browser, open a new instance of the web browser, and try again.
- If these simple fixes do not work contact GRT's technical support. GRT is pretty good about getting back to you in a reasonable period of time when the problem is reported in a timely manner and if you report details. "My homework isn't working" gives them nothing. "When I submit the answer to question 1 the entire homework is submitted for grading" gives them something to work with and will result in a much more timely response.

If you experience technical difficulties with the **graded homework**

- Inform the proctor. Make sure that the proctor can see the screen on which the problem occured. The proctor will make a note of your name, your section, the time the problem was reported, and the nature of the problem. If necessary the proctor will take an image of your computer screen. Note that without a report to the proctor your professor will have no way of confirming that a problem occured.
- Report the problem to GRT's technical support.

## A note on rounding

The GRT computer rounds according to the technically correct financial ** Bankers' Round** rules rather than the

**rules you learned in Math class.**

*Arithmetic Round*When we round, the rounded off part of the number is always less than half the precision, but when the rounded off part is exactly half of the precision then the rounding convention (Arithmetic or Bankers) makes a difference. So if we are rounding to the nearest penny then half the precision is half a penny. So any amount less than half a penny is rounded off; any amount more than half a penny is rounded up. But when the amount is exactly half a penny we round according to convention.

+ve Numbers | Bankers' Round | Arithmetic Round | ||
---|---|---|---|---|

$1.125001 | rounds to $1.13 | because 0.005001 > 0.005 | rounds to $1.13 | because 0.005001 > 0.005 |

$1.125000 | rounds to $1.12 | because 2 is an even number | rounds to $1.13 | because 3 is away from zero |

$1.124999 | rounds to $1.12 | because 0.004999 < 0.005 | rounds to $1.12 | because 0.004999 < 0.005 |

-ve Numbers | Bankers' Round | Arithmetic Round | ||

- $1.125001 | rounds to - $1.13 | because 0.005001 > 0.005 | rounds to - $1.13 | because 0.005001 > 0.005 |

- $1.125000 | rounds to - $1.12 | because 2 is an even number | rounds to - $1.13 | because 3 is away from zero |

- $1.124999 | rounds to - $1.12 | because 0.004999 < 0.005 | rounds to - $1.12 | because 0.004999 < 0.005 |

## Calendar

3/10/2018

January 2018 | ||||||
---|---|---|---|---|---|---|

Sunday | Monday | Tuesday | Wednesday | Thursday | Friday | Saturday |

1 | 2 | 3 | 4 | 5 | 6 | |

7 | 8 | 9 | 10 | 11 | 12 | 13 |

14 | 15 | 16Homework 01 (Practice) begins 6am | 17 | 18 | 19 | 20 |

21 | 22 | 23 | 24 | 25 | 26Homework 01 (Graded) due 5pm | 27Homework 02 (Practice) begins 6am |

28 | 29 | 30 | 31 |

3/10/2018

February 2018 | ||||||
---|---|---|---|---|---|---|

Sunday | Monday | Tuesday | Wednesday | Thursday | Friday | Saturday |

1 | 2Homework 02 (Graded) due 5pm | 3Homework 03 (Practice) begins 6am | ||||

4 | 5 | 6 | 7 | 8 | 9Homework 03 (Graded) due 5pm | 10Homework 04 (Practice) begins 6am |

11 | 12 | 13 | 14 | 15 | 16Homework 04 (Graded) due 5pm | 17Homework 05 (Practice) begins 6am |

18 | 19 | 20 | 21 | 22 | 23Homework 05 (Graded) due 5pm | 24Homework 06 (Practice) begins 6am |

25 | 26 | 27 | 28 |

3/10/2018

March 2018 | ||||||
---|---|---|---|---|---|---|

Sunday | Monday | Tuesday | Wednesday | Thursday | Friday | Saturday |

1 | 2Homework 06 (Graded) due 5pm | 3Homework 07 (Practice) begins 6am | ||||

4 | 5 | 6 | 7 | 8 | 9Homework 07 (Graded) due 5pm | 10Homework 08 (Practice) begins 6am |

11 | 12 | 13 | 14 | 15 | 16Homework 08 (Graded) due 5pm | 17Homework 09 (Practice) begins 6am |

18 | 19 | 20 | 21 | 22 | 23 | 24 |

25 | 26 | 27 | 28 | 29 | 30Homework 09 (Graded) due 5pm | 31Homework 10 (Practice) begins 6am |