The equation representing the value of the collection after 7 years is value of collection = 430 + (0.04 * 430 )* 7 or value of collection = $550.4
<h3>What is an Equation ?</h3>
An equation is a mathematical statement , where the algebraic expression is equated to another algebraic expression.
It is given that
Ella has a collection of vintage action figures that is worth $430.
collection
appreciates at a rate of 4% per year
equation representing the value of the collection after 7 years is
value of collection = 430 + (0.04 * 430 )* t
value of collection = 430 + (0.04 * 430 )* 7
= $550.4
Therefore the equation representing the value of the collection after 7 years is value of collection = 430 + (0.04 * 430 )* 7 or value of collection = $550.4
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Answer:
(24, 224 ) i.e. 24 basketball and 224 footballs
Step-by-step explanation:
<em>Basketball :</em>
uses 4 ounces of foam
20 minutes of labor
profit = $2.50
<em>Football :</em>
uses 3 ounces of foam
30 minutes of labor
profit = $2
Manufacturer has :
768 ounces of foam , 120 labor hours per week,
<u>using the simplex method to determine the optimal production schedule so as to maximize profits </u>
lets assume
x = number of basketball
y = number of footballs
maximize = 2.5 x + 2y from a linear programming problem
attached below is the detailed solution
Given :
James puts $3,500 into a savings account that earns 2.5% simple interest.
He does not touch that account for 3 years.
To Find :
The new balance of the account be after 3 years.
Solution :
Interest on $3500 after 3 years is :

So, new balance of the account after 3 years is $( 3500+262.5 ) = $3762.5 .
Hence, this is the required solution.
Answer:
7/12
Step-by-step explanation:
3*4=12. 4/12+3/12=7/12.