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Answer:
B)
a + c = 7
9a + 4c = $43
Step-by-step explanation:
There're 7 tickets which were bough in total. Two different types of tickets, one which represented children, the other for adults. The adult ticket is represented by <em>a </em>and is 9 dollars. The children's ticket is represented by <em>c </em>and is 4 dollars.
<em>Have a nice April Fool's XD.</em>
Answer: |81-x|<5
Step-by-step explanation:
Given: Temperature of an enclosure for a pet corn snake should be an average of 81° F.
Temperature in the enclosure should not vary by more than 5° F.
Let x= Temperature in the enclosure
Then, difference between average and current temperature should less the 5.
i.e. |81-x|<5 (required absolute value equation )
hence, the absolute value equation could be used to determine the minimum and maximum temperatures recommended for the corn snake enclosure:
|81-x|<5
Answer:
- <u>The rate of return is 8.15%</u>
- <u>This is a good investment</u>
<u></u>
Explanation:
For the first question, you need to find the rate that makes the present value of a stream of ten constant annual payments of $15,000 equal to the $100,000 investment.
The formula that returns the present value of a constant payment is called the annuity formula and is:
![Present\text{ }value=payment\times \bigg[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}\bigg]](https://tex.z-dn.net/?f=Present%5Ctext%7B%20%7Dvalue%3Dpayment%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7Br%7D-%5Cdfrac%7B1%7D%7Br%281%2Br%29%5Et%7D%5Cbigg%5D)
In your problem you know:
- Present value: $100,000
- payment: $15,000
- r: ?
- t: 10
You cannot solve for r directly. You must guess a value and calculate the right side of the equation until to you find the rate that makes it equal to 100,000.
Try 5%:
![\$15,000\times \bigg[\dfrac{1}{0.05}-\dfrac{1}{0.05(1+0.05)^{10}}\bigg]=\$115,826](https://tex.z-dn.net/?f=%5C%2415%2C000%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7B0.05%7D-%5Cdfrac%7B1%7D%7B0.05%281%2B0.05%29%5E%7B10%7D%7D%5Cbigg%5D%3D%5C%24115%2C826)
Then, the rate of return is greater than 5%. After several trials you will find that the rate of return is 8.15%.
Since this rate is higher than 8%, which is what the company requires, this is a good investment.