(2) 1. To earn money for gifts, Debbie sold decorated pinecones. If she sold 100 pinecones at $0.25 each, how much money did she
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wheee
Compute each option
option A: simple interest
simple interest is easy
A=I+P
A=Final amount
I=interest
P=principal (amount initially put in)
and I=PRT
P=principal
R=rate in decimal
T=time in years
so given
P=15000
R=3.2% or 0.032 in deecimal form
T=10
A=I+P
A=PRT+P
A=(15000)(0.032)(10)+15000
A=4800+15000
A=19800
Simple interst pays $19,800 in 10 years
Option B: compound interest
for interest compounded yearly, the formula is
where A=final amount
P=principal
r=rate in decimal form
t=time in years
given
P=15000
r=4.1% or 0.041
t=10
use your calculator
A=22418.0872024
so after 10 years, she will have $22,418.09 in the compounded interest account
in 10 years, the investment in the simple interest account will be worth $19,800 and the investment in the compounded interest account will be worth$22,418.09
Keeping in mind that for a cost C(x) and profit P(x) and revenue R(x), the marginal cost, marginal profit and marginal revenue are respectively dC/dx, dP/dx and dR/dx, then
![\bf P(x)=0.03x^2-3x+3x^{0.8}-4400 \\\\\\ \stackrel{marginal~profit}{\cfrac{dP}{dx}}=0.06x-3+2.4x^{-0.2} \\\\\\ \cfrac{dP}{dx}=0.06x-3+2.4\cdot \cfrac{1}{x^{0.2}}\implies \cfrac{dP}{dx}=0.06x-3+2.4\cdot \cfrac{1}{x^{\frac{1}{5}}} \\\\\\ \cfrac{dP}{dx}=0.06x-3+\cfrac{2.4}{\sqrt[5]{x}}](https://tex.z-dn.net/?f=%5Cbf%20P%28x%29%3D0.03x%5E2-3x%2B3x%5E%7B0.8%7D-4400%0A%5C%5C%5C%5C%5C%5C%0A%5Cstackrel%7Bmarginal~profit%7D%7B%5Ccfrac%7BdP%7D%7Bdx%7D%7D%3D0.06x-3%2B2.4x%5E%7B-0.2%7D%0A%5C%5C%5C%5C%5C%5C%0A%5Ccfrac%7BdP%7D%7Bdx%7D%3D0.06x-3%2B2.4%5Ccdot%20%5Ccfrac%7B1%7D%7Bx%5E%7B0.2%7D%7D%5Cimplies%20%5Ccfrac%7BdP%7D%7Bdx%7D%3D0.06x-3%2B2.4%5Ccdot%20%5Ccfrac%7B1%7D%7Bx%5E%7B%5Cfrac%7B1%7D%7B5%7D%7D%7D%0A%5C%5C%5C%5C%5C%5C%0A%5Ccfrac%7BdP%7D%7Bdx%7D%3D0.06x-3%2B%5Ccfrac%7B2.4%7D%7B%5Csqrt%5B5%5D%7Bx%7D%7D)
![\bf a)\qquad \cfrac{dP}{dx}=0.06(200)-3+ \cfrac{2.4}{\sqrt[5]{200}} \\\\\\ b)\qquad \cfrac{dP}{dx}=0.06(2000)-3+\cfrac{2.4}{\sqrt[5]{2000}} \\\\\\ c)\qquad \cfrac{dP}{dx}=0.06(5000)-3+\cfrac{2.4}{\sqrt[5]{5000}} \\\\\\ d)\qquad \cfrac{dP}{dx}=0.06(10000)-3+\cfrac{2.4}{\sqrt[5]{10000}}](https://tex.z-dn.net/?f=%5Cbf%20a%29%5Cqquad%20%0A%5Ccfrac%7BdP%7D%7Bdx%7D%3D0.06%28200%29-3%2B%20%5Ccfrac%7B2.4%7D%7B%5Csqrt%5B5%5D%7B200%7D%7D%0A%5C%5C%5C%5C%5C%5C%0Ab%29%5Cqquad%20%5Ccfrac%7BdP%7D%7Bdx%7D%3D0.06%282000%29-3%2B%5Ccfrac%7B2.4%7D%7B%5Csqrt%5B5%5D%7B2000%7D%7D%0A%5C%5C%5C%5C%5C%5C%0Ac%29%5Cqquad%20%5Ccfrac%7BdP%7D%7Bdx%7D%3D0.06%285000%29-3%2B%5Ccfrac%7B2.4%7D%7B%5Csqrt%5B5%5D%7B5000%7D%7D%0A%5C%5C%5C%5C%5C%5C%0Ad%29%5Cqquad%20%5Ccfrac%7BdP%7D%7Bdx%7D%3D0.06%2810000%29-3%2B%5Ccfrac%7B2.4%7D%7B%5Csqrt%5B5%5D%7B10000%7D%7D)