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allsm [11]
3 years ago
6

The average price of a two-bedroom apartment in the uptown area of a prominent American city during the real estate boom from 19

94 to 2004 can be approximated by p(t) = 0.15e0.10t million dollars (0 ≤ t ≤ 10) where t is time in years (t = 0 represents 1994). What was the average price of a two-bedroom apartment in this uptown area in 2002, and how fast was it increasing? (Round your answers to two significant digits.) HINT [See Quick Example 3.]
Mathematics
1 answer:
alexgriva [62]3 years ago
4 0

Answer:

p(t) = 0.19e0.10t

=>p'(t) = 0.19e0.10t (0.10*1)

=>p'(t) = 0.019e0.10t

t = 0 represents 1994

for 2002, t=2002-1994 =8

in 2002

average price =p(8)

=>average price = 0.19e0.10*8

=>average price =0.422853... million

rate of increase =p'(8)

=>rate of increase = 0.019e0.10*8

=>rate of increase =0.0422853... million per year

p(8)=$ 0.42 million

p'(8)=$ 0.042 million per year

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Answer:

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6 0
3 years ago
What is the probability that a resident reports high satisfaction, given that the resident is a renter?
dem82 [27]

Answer:

The probability that a resident reports high satisfaction while the resident is a renter is Option(a) 13.7\%

Step-by-step explanation:

Given:

                               Levels of satisfaction

                      High      Medium     Low       Total

Owners          26             34               18           78

Renters           15            12                5            22

Total               41             46               23          110

The Resident is a renter.

Step 1:

To find the probability that a resident reports high satisfaction.

P(Renter- higher satisfaction)= Higher Satisfaction by render ÷ Total level of satisfaction

=\frac{15}{110}

=0.137

13.7\% is the probability that a resident reports high satisfaction.

Therefore, Option (a) is a correct answer.

Learn more about Probability, refer:

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7 0
3 years ago
Ripley’s Aquarium charges $29.95 for (a) adults and $13.95 for (c) children. Write an expression to represent admission pricing
PIT_PIT [208]

Answer:

T=29.95a + 13.95c

Step-by-step explanation:

For this equation let a=amount of adult tickets, c=amount of children tickets, and T=the total cost. Since each adult ticket costs 29.95 dollars that needs to be multiplied by the number of adult tickets to see how much was spent on adults, the same goes for the price and number of children tickets. Finally, both of those totals need to be added together to see how much is spent overall for all of the guests.

4 0
2 years ago
Pleaseeee help!!!! I will mark you as brainlinest for correct answer!!!!!!!!
Anni [7]
I used a graphing calculator for this.

The solution my calculator got was:

(-2.625, 0.688) My calculator is very accurate, I don't think the test expects it to be like that.

Let's find the closest coordinates.

"B" is the closest.

I hope this helps!
~kaikers
5 0
3 years ago
There were 80 people in the parade. A total of 5/8 of the people played a musical instrument.
creativ13 [48]


50 People played an instrument. Every 10 people is represented as a 1 in the fraction. 5=50
6 0
3 years ago
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