3 = 379.25
4 = 1587.50
5 = 198.88
6 = 1217.50
7 = 1788.20
8 = 1408
9 = 205
10 = 1516
11 = 2034
12 = 880
13 = 1994.57
14 = 1157.77
15 = 38812.50
remember to round the numbers, and also write random numbers everywhere so it looks like you did it.
R(x) = 60x - 0.2x^2
The revenue is maximum when the derivative of R(x) = 0.
dR(x)/dx = 60 - 0.4x = 0
0.4x = 60
x = 60/0.4 = 150
Therefore, maximum revenue is 60(150) - 0.2(150)^2 = 9000 - 4500 = $4,500
Maximum revenue is $4,500 and the number of units is 150 units
Answer:
nominal rate of interest is 31.7 %
Step-by-step explanation:
given data
payment = $1000
time = 2 year
rate = 4%
CPI = 100
CPI final yer = 127.7
to find out
nominal rate of interest
solution
we know nominal rate of interest formula that is
nominal rate of interest = real interest rate + inflation rate .........1
so here inflation rate is express as
inflation rate = ( CPI final year - CPI ) / CPI × 100 ...........2
put here value
inflation rate = ( 127.7 - 100 ) / 100 × 100
inflation rate is 27.7 %
so from equation 1
nominal rate of interest = real interest rate + inflation rate
nominal rate of interest = 4% + 27.7%
nominal rate of interest is 31.7 %
The answer to this is x < -10/7
