Tammi deposited $520 into a bank account that earned simple interest each year. After 5 years, she had earned $156 in interest.
1 answer:
You might be interested in
Answer:
- 16 acres of barley only (no acres of wheat)
Step-by-step explanation:
A graph shows cost of planting puts an upper limit on planted area. The lower limit is provided by the requirement to plant at least 15 acres. The vertices of the feasible solution region are ...
(wheat acres, barley acres) = {(0, 15), (0, 16), (3, 12)}
The profit associated with these scenarios will be ...
for (0, 16): 16·350 = 5600
for (3, 12): 3·450 +12·350 = 1350 +4200 = 5550
To maximize profit, the farmer should plant 16 acres of barley.
