So your present value is 7750. this is what you have now. they give you the intesrest rate which is 4% and how the amount of year is 5.
recall the formula for a compounded continously is
P×e^(r×t)
the answer is 7750×e^(.04×5)
People who purchased good seats will be labeled as a
people who purchased poor seats will be labeled as b
therefore...
5a + 2b = 660
a + b = 210
Now, all that has to be done is for the system to be solved.
-2(a+b=210)
5a + 2b = 660
-2a - 2a = -420
3a=240
a= 80
*3 people purchased good seats.
Now we can plug that number in
5(80) + 2b = 660
400 + 2b = 660
2b = 260
b = 130
*130 people purchased poor seats
Answer:
I will get the function of g (x) and plug it on X in the function of f ( x ) and then later substitute X with 1