It depends on if the interest rate of 6% is nominal or not. The question doesn't specify. Let's assume that is is a nominal rate, compounded monthly.
Start with 100000 = x * a angle 132 at .5% per month
This becomes 100000 = x * (1-1.005^-132)/.005
Which becomes (100000(.005))/(1 - 1.005^-132) = x
So x is the PMT, which is 1036.70.
Answer:
- first shift: 13,750 bulbs
- second shift: 2500 bulbs
Step-by-step explanation:
The production ratio is ...
shift 1 : shift 2 = 5.5 : 1 = 11 : 2
so, the production on shift 1 as a ratio to the total is ...
shift 1 : total = 11 : (11+2) = 11 : 13
The first shift produced ...
(11/13)(16,250 bulbs) = 13,750 bulbs . . . . first shift
and the second shift produced ...
(2/13)(16,250 bulbs) = 2,500 bulbs . . . . second shift
_____
Of course, once you have one of the numbers, you can also find the other by using the 5.5 factor or by subtracting from total production.
Answer:
y=1/2x+2(2 is the y-intercept)
The blue line and black line have the same y-intercept, but the black line has a slope 1/6 greater than the blue line.
Hope it helps <3
