Answer:
Answer is: $148,809.52
Step-by-step explanation:
Susan has purchased a whole life policy with a death benefit of $200,000.
Assuming that she dies in 10 years.
Rate = 3% or 0.03
Future value after 10 years =
=
= 1.344
Purchasing power of proceeds =
= $148,809.52
Answer:
The solutions are x = -7, 6.
Step-by-step explanation:
To find the solutions, move everything to one side of the equation so the equation is equal to 0. Then factor. Set the factors equal to 0 and solve for x.

x+7 = 0
x = -7
and
x-6 = 0
x = 6
The solutions are x = -7, 6.
Answer:

And on this case we can use the product rule for a derivate given by:

Where
and
And replacing we have this:

Step-by-step explanation:
We assume that the function of interest is:

And on this case we can use the product rule for a derivate given by:

Where
and
And replacing we have this:

Answer:
$68
Step-by-step explanation:
We have been given the demand equation for Turbos as
, where q is the number of buggies the company can sell in a month if the price is $p per buggy.
Let us find revenue function by multiplying price of p units by demand function as:
Revenue function: 

Since revenue function is a downward opening parabola, so its maximum point will be vertex.
Let us find x-coordinate of vertex using formula
.



The maximum revenue would be the y-coordinate of vertex.
Let us substitute
in revenue formula.




Therefore, the company should sell each buggy for $68 to get the maximum revenue of $18,496.