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aksik [14]
3 years ago
6

U.s. internet advertising revenue grew at the rate of r(t) = 0.82t + 1.14 (0 ≤ t ≤ 4) billion dollars/year between 2002 (t = 0)

and 2006 (t = 4). the advertising revenue in 2002 was $5.9 billion.† (a) find an expression f(t) giving the advertising revenue in year t.
Business
1 answer:
MatroZZZ [7]3 years ago
5 0

Answer:

f(t) = \int 0.82 t +1.14 dt

f(t) = \frac{0.82}{2}t^2 +1.14 t +C

Where C is a constant, now using the initial condition we got:

f(2)= 5.9 = 0.41 (2)^2 + 1.14*2 +C

And solving for C we got:

C= 5.9 -0.41(4) -1.14*2 = 1.98

And the function desired for the advertising revenue would be given by:

f(t) = 0.41t^2 1.14t +1.98

With f the amount in billions and the the years since 2002 to 2006.

Explanation:

For this case we have the following function who represent the revenue grew rate:

r(t) = 0.82t +1.14 , 0 \leq t \leq 4

And we want to calculate the Advertising revenue so we need to integrate the function r(t) and we can use the inidital condition t=0 , f(2)= 5.9 billion.

If we integrate the function we got:

f(t) = \int 0.82 t +1.14 dt

f(t) = \frac{0.82}{2}t^2 +1.14 t +C

Where C is a constant, now using the initial condition we got:

f(2)= 5.9 = 0.41 (2)^2 + 1.14*2 +C

And solving for C we got:

C= 5.9 -0.41(4) -1.14*2 = 1.98

And the function desired for the advertising revenue would be given by:

f(t) = 0.41t^2 1.14t +1.98

With f the amount in billions and the the years since 2002 to 2006.

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Serotta Corporation is planning to issue bonds with a face value of $390,000 and a coupon rate of 16 percent. The bonds mature i
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Answer and Explanation:

Before recording the journal entries following calculations need to be made

Maturity amount $390,000    

Interest periods 8    

The Market rate of interest 3%    

Now Quarterly interest paid $15,600 ($390,000 × 16% ×3 ÷ 12)       Annuity factor for 8 periods 7.0197    

And, Present value factor for 8th period 0.7894    

So,

The Present value of Interest $109,507    

Add: And, the Present value of Maturity $307,866    

Issue price $417,373    

Amortization table      

<u>Date     Interest paid    Interest  Premium  Unamortized  Carrying  </u>

<u>                                       Expense Amortized   Premium      Value  </u>

01.01 Yr1                                                              $27,373    $417,373  

31.03 Yr 1 $15,600         $12,521    $3,079         $24,294   $414,294  

30.06 Yr 1 $15,600         $12,429   $3,171           $21,123     $411,123  

30.09 Yr1  $15,600          $12,334   $3,266         $17,857    $407,857  

31.12 Yr 1   $15,600         $12,236    $3,364         $14,493    $404,493  

Now the Journal entries      

For Jan 1

Cash account Dr. $417,373  

        To Bonds payable $390,000  

        To Premium on bonds payable $27,373\

(Being the bond payable is recorded)  

On Mar 31

Interest expense Dr. $12,521  

Premium on bonds payable Dr. $3,079  

         To Cash $15,600

(Being cash paid is recorded)  

On Jun 30

Interest expense Dr. $12,429  

Premium on bonds payable Dr. $3,171  

     To Cash $15,600  

(Being cash paid is recorded)

On Sep 30

Interest expense Dr. $12,334  

Premium on bonds payable Dr. $3,266  

        To Cash $15,600

(being cash paid is recorded)  

On Dec 31

Interest expense Dr. $12,236  

Premium on bonds payable Dr. $3,364  

      To Cash $15,600

(being cash paid is recorded)

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Answer:

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Explanation:

Note: The given question is incomplete, missing part is as follow:

                    Metropolis National Bank

                            Balance sheet

Assets                                              Liabilities

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<u> Loans           $440,000                                                           </u>

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Excess reserve hold = $10,000

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Required reserve = $60,000 - $10,000

Required reserve = $50,000

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Multiplier(K) = 10

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Total Money = $20,000

Increase in money supply = Total Money × Multiplier(K)

Increase in money supply = $20,000<u> </u> × 10

Increase in money supply = $200,000

7 0
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