Answer:
Step-by-step explanation:
Remark
If this compounds, it means that the interest of the second year has the interest of the first year added to the principle. So if you gain 50 dollars as interest in the first year and the base amount was 1000 dollars, the second year will be taken as 1050 and you will find the interest on that.
Formula
Your formula should be A = P(1 + r)^t
Givens
- A = ??
- P = 165,000
- r = 8% = 8/100 = 0.08
- t = 3 years
Solution
- A = 165000*(1 + 0.08)^3
- A = 165000*(1.08)^3
- A = 165000*1.259712
- A = $207852
Answer: A
<em><u>Problem 2</u></em>
Givens
- P = 5000
- i = 17% = 17/100 = 0.17
- t = 15 years
- A = ?
Formula
A = P (1 + r)*t This is not compounded
Solution
A = 5000*(1 + 0.17)*15
A = [5000*1.17]*15
A = 5850 * 15
A = $87750
Answer C
Let the number of large bookcases be x and number of small bookcases be y, then
Maximise P = 80x + 50y;
subkect to:
6x + 2y ≤ 24
x, y ≥ 2
The corner points are (2, 2), (2, 6), (3.333, 2)
For (2, 2): P = 80(2) + 50(2) = 160 + 100 = 260
For (2, 6): P = 80(2) + 50(6) = 160 + 300 = 460
For (3.333, 2): P = 80(3.333) + 50(2) = 266.67 + 100 = 366.67
Therefore, for maximum profit, he should produce 2 large bookcases and 6 small bookcases.
Answer:
y=2
Step-by-step explanation:
20y-17y=6
3y=6 combine like terms
y=2 divide both sides by 3 to get y by itself
Answer:
width:7.5 length:4
Step-by-step explanation:
15/2=7.5 and 8/2=4