The maximum profit is the y-coordinate of the vertex of the parabola represented by the equation.
The maximum value is 6400, but the profit is given in hundreds of dollars, so multiply the value by 100.
The maximum profit the company can make is $640,000.
Combine the two equations in the right amounts to eliminate y :
-2 (2x + 3y) + (3x + 6y) = -2 (17) + 30
-4x - 6y + 3x + 6y = -34 + 30
-x = -4
x = 4
Solve for y :
2x + 3y = 17
8 + 3y = 17
3y = 9
y = 3
Answer:
a*sqrt(x+b) + c = d
or
a*√(x+b) + c = d
Step-by-step explanation:
To calculate simple interest, you first need to multiply the original amount by the percentage of the money which is going to be added.
In this situation, 500 x 0.05 is the interest which will be added each year.
Therefore, $25 will be added each year. Since it is over 4 years, it is (25*4).
So the account will have earned $100 of simple interest.
Although the account will contain $600, it will have EARNED $100 of interest since it started with $500 already.
Answer - A $100 of simple interest will be earned.
