261.jpg - What is the purchase price of a 26-week Tobill with a mabarity value of $ 1000 that earns an ancroat 9 Interest rate of 5 35%7 By $25 58

261.jpg - What is the purchase price of a 26-week Tobill...

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Unformatted text preview: ") What is the purchase price of a 26-week Tobill with a mabarity value of $ 1000 that earns an ancroat 9) Interest rate of 5 35%7 By $25 58 Q #1025 5 D) $1900 Assume that the minimum payment on a credit card is the greater of $37 or 1%% of the unpaid balance. Hij Each the mic mum payment on an unpaid balance of $1584 48 BJ $475.32 (D) $27-00 ! !) How long will it take for $3000 to grow to $32,600 at an interest rate of 3.1% If the Interest in 11) compounded continuously? Bound the number of years to the nearest hundredth. 81 0.45 yr C1 651 pr 22600 = 3000 (1+0.031/12)1 126 0) 6513.99 yr 12) n - 10, 1= 0.02, PMT - $1: FV AJ $9.755 $10.95 C $12.160 D) $60.95 13) The revenue (in thousands of dollars) from producing x units of an itern is modeled by H(x) = 5x - 0.0005x2. Find the marginal revenue at xp toppl. A) $10,300 00 6 5450) (1050)- 1005 (1000 ) 2 D) $104.00 14] In economics, functions that involve revenue, cost and profit are used. Suppose R(x] and C(x) denote the total revenue and the total cost, respectively, of producing a new high-tech widget. The difference P(x) = R(x) - C(x) represents the total profit for producing x widgets, Given R(x) = 60x - 0.4 x2 and C(x] = 3x + 13, find the equation for F(x). A) P(x) = 60x - 04x] "BJ PLA) - -0.4 x2 + 63x + 13 Q P(x)= 3x + 13 (DF(x)= =0.4x2 + 57x - 13 15) In economics, functions that involve revenue, cost and profit are used. Suppose R(x) and C(x) denote the total revenue and the total cost, respectively, of producing a new high-tech widget. The difference P(x] = R(x] - C(x] represents the total profit for producing x widgets. Given R(x) = 60x - 04 x2 and C(x) = 3x + 13, fipa Prioop AJ 313 B1 687 C) 2000 D) 55657 60(100) -, 04/100)...
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