1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
podryga [215]
4 years ago
15

A recently-installed machine earns the company revenue at a continuous rate of 60,000t 45,000 dollars per year during the first

six months of operation and at the continuous rate of 75,000 dollars per year after the first six months. The cost of the machine is $159,000, the interest rate is 7% per year, compounded continuously, and is time in years since the machine was installed. (a) Find the present value of the revenue earned by the machine during the first year of operation. Round your answer to the nearest integer. 130914.5 (b) Find how long it will take for the machine to pay for itself; that is, how long it will take for the present value of the revenue to equal the cost of the machine?
Mathematics
1 answer:
Gnom [1K]4 years ago
5 0

Answer:

(a) The first year of the machine total Rate (R) =112500 dollars

(b) time (t)=1.8 years

Step-by-step explanation:

First we collect the data given;

Rate = 60000*t +45000

For six month : t = 1/2 year = 0.5 then

The revised Rate = 75000

Cost of Machine (CP)= 159000 dollar

Interest rate (r) = 7% per year = 0.07

time = t

(a) for first 6 months (from t=0 to t=0.5)

Rate =R (t) = 60000*t + 45000

put t = 0.5 we get,

R(0.5) = 60000(0.5) +45000

= 30000 + 45000 = 75000

for next six month (from t=0.5 to t=1)

Rate = R(t) =R(t)*t

= 75000 (0.5) = 37500

So for the first year of the machine total Rate (R) = 75000 + 37500 = 112500 dollar

(b) The compounded cost of machine is P(t) = CP*[e^rt]

P(t) = 159000* [e^0.07t]

Again the revanue of the machine after one year t =1 is

R(t) = 112500 + 75000(t-1)

According to question, P(t) = R(t)

159000* [e^0.07t] = 112500 + 75000(t-1)

= 75000t + 37500

e^0.07t = (75000t + 37500)/159000

solving the equation we have to find the value of t

applying Newtons erritation method

on simplifying above question we get, t = 1.8 years

You might be interested in
What is multiplication in 2 paragraphs
Ivanshal [37]

Four bags with three marbles per bag gives twelve marbles (4 × 3 = 12).

Multiplication can also be thought of as scaling. Here we see 2 being multiplied by 3 using scaling, giving 6 as a result.

Animation for the multiplication 2 × 3 = 6.

4 × 5 = 20. The large rectangle is composed of 20 squares, each having dimensions of 1 by 1.

Area of a cloth 4.5m × 2.5m = 11.25m2; 4½ × 2½ = 11¼

Multiplication (often denoted by the cross symbol "×", by a point "⋅", by juxtaposition, or, on computers, by an asterisk "∗") is one of the four elementary mathematical operations of arithmetic; with the others being addition, subtraction and division.

The multiplication of whole numbers may be thought as a repeated addition; that is, the multiplication of two numbers is equivalent to adding as many copies of one of them, the multiplicand, as the value of the other one, the multiplier. The multiplier can be written first and multiplicand second (though the custom can vary by culture[1]).

{\displaystyle a\times b=\underbrace {b+\cdots +b} _{a}} a\times b=\underbrace {b+\cdots +b} _{a}

For example, 4 multiplied by 3 (often written as {\displaystyle 3\times 4} 3\times 4 and spoken as "3 times 4") can be calculated by adding 3 copies of 4 together:

{\displaystyle 3\times 4=4+4+4=12} 3\times 4=4+4+4=12

Here 3 and 4 are the factors and 12 is the product.

One of the main properties of multiplication is the commutative property: adding 3 copies of 4 gives the same result as adding 4 copies of 3:

{\displaystyle 4\times 3=3+3+3+3=12} 4\times 3=3+3+3+3=12

Thus the designation of multiplier and multiplicand does not affect the result of the multiplication[2].

The multiplication of integers (including negative numbers), rational numbers (fractions) and real numbers is defined by a systematic generalization of this basic definition.

Multiplication can also be visualized as counting objects arranged in a rectangle (for whole numbers) or as finding the area of a rectangle whose sides have given lengths. The area of a rectangle does not depend on which side is measured first, which illustrates the commutative property. The product of two measurements is a new type of measurement, for instance multiplying the lengths of the two sides of a rectangle gives its area, this is the subject of dimensional analysis.

The inverse operation of multiplication is division. For example, since 4 multiplied by 3 equals 12, then 12 divided by 3 equals 4. Multiplication by 3, followed by division by 3, yields the original number (since the division of a number other than 0 by itself equals 1).

Multiplication is also defined for other types of numbers, such as complex numbers, and more abstract constructs, like matrices. For some of these more abstract constructs, the order in which the operands are multiplied together matters. A listing of the many different kinds of products that are used in mathematics is given in the product (mathematics) page.

3 0
3 years ago
Read 2 more answers
Help me now !!!!!<br> help i need help
iren2701 [21]

cylinder:

V = πr²h

V = 3.14(2)² * 3

V = 3.14(4) * 3

V = 3.14(12)

V = 37.7m³

rectangular prism:

V = lwh

V = (2.4)(9)(5)

V = 108m³

the entirety of the sculpture:

V = volume of cylinder + volume of rectangular prism

V = 37.7 + 108

<u>V = 145.7m³</u>

4 0
2 years ago
Sonny has $5 to buy pencils and rulers. Pencils are 8 cent each. Rulers are 30 cent each. She says “I will buy 15 pencils. Then
ANEK [815]

Answer:

12 Rulers and 17 Pencils

Step-by-step explanation:

15 x 8 = cents spend

15 x 8 = 120

$5-120cents ($1.2) = $3.8 (380 cents)

380/30= 12 rulers with 20 cent remaining

20/8= 2 pencils with 4 cent remaining

now add!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

12 ruler +2 pencils +15 pencils=

12 Rulers and 17 Pencils

4 0
3 years ago
$200 * 1/6 PLEASE HELP TIMED!!!!
statuscvo [17]

Answer:

33.33

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Whole-wheat bread costs $2.06/lb. How much would 3.8 lb of whole-wheat bread cost?
Xelga [282]
Whole-wheat bread = $2.06/lb

We need the cost of 3.8 lbs of whole-wheat bread.

So, we simply need to multiply the cost with the amount needed.

(cost per pound) × (amount of bread)

($2.06) × (3.8)

Simplify.

$7.828

Round to the nearest tenths.

$7.83

So, 3.8 pounds of whole wheat bread costs $7.83

~Hope I helped!~


7 0
4 years ago
Read 2 more answers
Other questions:
  • 3. <br> Point C(9,-6) is dilated using a scale factor<br> of 2/3. What are the coordinates of C"?
    9·2 answers
  • molly had a ribbon that was 23 inches long she cut 7 inches off the ribbon how long is her ribbon now
    9·2 answers
  • What is the verbal expression for 4q ?
    14·1 answer
  • The circumference of the ferris wheel at the county fair is 78.5 feet. what is the diameter in feet? Round to the nearest hundre
    6·1 answer
  • The number of people that can be safely carried in a lift depends on their mass. A lift will safely
    7·1 answer
  • Idk a? or no? like im really bad
    15·1 answer
  • A sum of $360 is shared among three people in the ratio 2:3:7. Calculate the largest and smallest shares.
    8·1 answer
  • ANSWER ASAP! WILL MARK BRAINLIEST DUE TODAY
    14·1 answer
  • HELP OVER DUEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
    8·2 answers
  • Which expressions are equivalent to 2(4f+2g)-
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!