find the amount of time to the nearest day it would take a deposit of $2500 to grow to $1 million at 2% compounded continuously.
1 answer:
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Answer:
There is no minimum cost for the fencing that can satisfy these conditions.
as the equation obtained for this problem is y = .
Step-by-step explanation:
let length of the rectangular rose garden be x
and breath of the rectangular rose garden be y
then the area of the garden = xy
cost of fencing a foot for the 3 non road sides = $6
and cost of fencing a foot for a road side = $8
total cost of fencing = 6x + 8x + 6y + 6y
so, total cost = 14x + 12y
cost of fencing for every square foot of the area =$2
So, 2xy = 14x + 12y
=> 2xy = 14x + 12y
Also, x and y has to satisfy x>0 and y>0
You can solve for y (or x if you prefer)
2xy-12y=14x
xy - 6y = 7x
y(x-6)=7x
y =
we can check that this function has no minimum value.
as we increase x (starting any x > 6 to make y positive) to make y minimal, y will decrease but the product xy will increase.
So, there is not a minimum cost for fencing that can satisfy these conditions.
Given:
mean, u = 0
standard deviation σ = 1
Let's determine the following:
(a) Probability of an outcome that is more than -1.26.
Here, we are to find: P(x > -1.26).
Apply the formula:
Thus, we have:
Using the standard normal table, we have:
NORMSDIST(-1.26) = 0.1038
Therefore, the probability of an outcome that is more than -1.26 is 0.1038
(b) Probability of an outcome that