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sukhopar [10]
3 years ago
11

Fred invests $3000 at 4.23% compounded quarterly for 3 years. How much

Mathematics
1 answer:
S_A_V [24]3 years ago
5 0

Answer:

3000×(1.0423)cubed = 3403.64-3000=403.64

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Eduardwww [97]

A. Personally if i was given these 2 options i would take the choice of drawing 2 bills from the bag per week.

B. Yes, i do not think pulling 2 bills from the bag is a good way to make money.

A. You could either get 10$ per week or you could get, 2$ 6$ 6$ 10$ 11$ 11$ 15$ 15$ now this depends largely on luck but logically 5 out of 9 times you will get 10 dollars or more so there is a higher chance you get more money from drawing money.

B. It is a good way to make money because 2/9ths of the time you will get 15$ and for every time you get 6$ you will get an equal amount of 15$ and you will get 21$ in the 2 weeks so it adds up, if you have bad luck or do this for a short amount of time then you could be losing out but if you have an average amount of luck then it will be worth the chance.

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Step-by-step explanation:

4 0
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A supply company manufactures masks and ventilators for hospitals. To maintain hugh quality, the company should not manufacture
notsponge [240]

Answer:

20 masks and 100 ventilators

Step-by-step explanation:

I assume the problem ask to maximize the profit of the company.

Let's define the following variables

v: ventilator

m: mask

Restictions:

m + v ≤ 120

10 ≤ m ≤ 50

40 ≤ v ≤ 100

Profit function:

P = 10*m + 65*v

The system of restrictions can be seen in the figure attached. The five points marked are the vertices of the feasible region (the solution is one of these points). Replacing them in the profit function:

point          Profit function:

(10, 100)    10*10 + 65*100 = 6600

(20, 100)    10*20 + 65*100 = 6700    

(50, 70)      10*50 + 65*70 =  5050

(50, 40)     10*50 + 65*40 = 3100

(10, 40)      10*10 + 65*40 =  2700

Then, the profit maximization is obtained when 20 masks and 100 ventilators are produced.

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