Final value = Initial value × (mutiplier)^n
We have;
Initial value = 9300
Multiplier = 100%+3.2% = 103.2% = 1.032
Number of quarters in a year = 4
Substitute all values into the formula, we have

rounded to two dp
Answer:
$551
Step-by-step explanation:
Given the amount of profit, y, made by the company, is related to the selling price of each widget, x, by the equation y=-x^2+62x-410
The company make the maximum profit at when dy/dx = 0
dy/dx = -2x + 62
Since dy/dx = 0
0 = -2x + 62
2x = 62
x = 62/2
x = 31
substitute x = 31 into the expression y=-x^2+62x-410
y=-x^2+62x-410
y=-31^2+62(31)-410
y = -961+1922-410
y = 551
Hence the maximum profit the company can make is $551
Answer:
(-2,5)
Step-by-step explanation:
Answer:
One possible answer is 25/4