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neonofarm [45]
2 years ago
11

The standard diameter of a golf ball is 42.67 mm. A golf ball factory does quality control on the balls it manufactures. Golf ba

lls are randomly measured to ensure the correct size. One day, an inspector decides to stop production if the discrepancy in diameter is more than 0.002 mm. What is the range of acceptable values?
42.668 mm to 42.670 mm
42.668 mm to 42.672 mm
42.670 mm to 42.672 mm
42.670 mm to 42.674 mm
Mathematics
1 answer:
sergiy2304 [10]2 years ago
4 0

THE ANSWER IS A:

This is the function:

f(x)=|42.67-x|.

42.670 -.002 =42.668

42.668 mm to 42.670

Explanation:

Production will be stopped if the difference in diameter is greater than 0.002 mm.

This difference can mean that the golf ball has a diameter more than 0.002 larger than 42.67 mm, or a diameter more than 0.002 smaller than 42.67. This is the reason for using an absolute value function.

 Absolute value represents the distance a number is from 0. For this function, we would want only the values where the function is less than 0.002.

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Paul wants to buy a car. He needs to take out a loan for $7000. The car salesman offers him a loan with an interest rate of 8%,
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Answer:

a. It will take approximately 40 months

b. The total amount Paul has to pay is approximately $8,000

c. The amount Paul pays each month is approximately $316.59

d. The amount Paul has to pay is approximately $7,598.16

e. Lower monthly payment

f. Lower total payment amount (amount to be paid)

Step-by-step explanation:

a. The loan amount, PV = $7,000

The annual interest rate, r = 8%

Option 1; The amount of equal monthly payment to repay the loan = $200

Option 2; The number of equal monthly payment to repay the loan = 24

The formula for the present value of an annuity is given as follows;

PMT = \dfrac{\dfrac{r}{12}  \times PV}{1 - \left (1 + \dfrac{r}{12} \right)^{-n}}

Where;

PMT = The monthly payment

n = The number of months

Where PMT = $200, we have;

200 = \dfrac{\dfrac{0.08}{12}  \times 7,000}{1 - \left (1 + \dfrac{0.08}{12} \right)^{-n}}

1 - \dfrac{\dfrac{0.08}{12}  \times 7,000}{200}  = \left (1 + \dfrac{0.08}{12} \right)^{-n}

1 - \dfrac{7}{30}  = \dfrac{23}{30} =  \left ( \dfrac{151}{150} \right)^{-n}

-n = \dfrac{ ln \left(\dfrac{23}{30} \right)}{ln\left(\dfrac{151}{150} \right) } \approx -39.988

∴ The number of months it will take for Paul to repay the loan, n ≈ 39.988 ≈ 40 months

b. The total amount Paul has to pay, A = PMT × n

Therefore, b plugging in the values of PMT, and 'n', we get;

A ≈ $200 × 40 = $8,000

c. Using option 2, we have;

n = 24

Therefore;

PMT = \dfrac{\dfrac{0.08}{12}  \times 7,000}{1 - \left (1 + \dfrac{0.08}{12} \right)^{-24}} \approx 316.59

The monthly payment, PMT ≈ $316.59

d. The total amount Paul has to pay using option 2, A ≈ 316.59 × 24 = 7,598.16

The total amount Paul has to pay using option 2, A ≈ $7,598.16

e. A reason why Paul might choose option 1 is that option 1 offers lower monthly payment

f. A reason why Paul may choose option 2 is that option 2 offers a lower total amount that he has to pay.

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2 years ago
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