A person wants to earn the profit of $200,000 from his three goods next year. Product A gives him a profit of $100 andhas an expected growth of 10% per year. Product B provides a profit of $200 and has an expected growth of 5% peryear. Product C provides a profit of $150 and has an expected growth of 8% per year. The person plans to sell two timesof product C as of product B. If the person estimated a total growth of 12% per year in his profits, how many of eachproduct should the person sell in a year? the answer is A: 1931, B: 14, C: 28

Let's denote the number of units of product A, B, and C sold in as x, y and z respectively. Given…

Answered: A person wants to earn the profit of…

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Similar questions

Q8. How much should you invest now at 10% to have $32,000 toward the purchase of a car in 6 years if interest is a) Compounded quarterly. b) Compounded continuously.
Each month, Uncle Joe’s Auto Parts uses exponential smoothing (with α = 0.25) to predict the number of barrels of brake fluid that will be sold during the next month. In June Uncle Joe forecast that he would sell 37 barrels of brake fluid during July. Uncle Joe actually sold 43barrels in July. What is Uncle Joe’s forecast for brake fluid sales in August and September?
In 1967, the population of Clements, PA was 7,000, and in 1974 the population was 12,000. Should the populatio grow linearly, in what calendar year (to the nearest whole calendar year), would it reach 50,000? If instead the population grew exponentially, how many fewer years would it take to reach 50,000?
How could I find the number of years?
Q5) A project that will cost $50,000 today, $100,000 in two years from today and $150,000 in five years from today will yield net returns of $5,000 monthly for 10 years. If the cost of money is 9% compounded annually, find the NPV of the project. (16.2)
In a given year, the U.S. federal income tax owed by a married couple filing jointly can be found from the following table. Married Filing Jointly Taxable Income $0-$18,550 T(x) = $18,551-$75,300 $75,301-$151,900 amount over $75,300 $413,351-$466,950 Tax Rate 10% $1,855 plus 15% of the amount over $18,550 $10,367.50 plus 25% of the $151,901-$231,450 amount over $151,900 $466,951 or more if $29,517.50 plus 28% of the $231,451-$413,350 amount over $231,450 $51,791.50 plus 33% of the $130,578.50 plus 39.6% of the amount over $466,950 (a) For incomes up to $151,900, write the piecewise defined function T with input x that models the federal tax dollars due as a function of x, the taxable income dollars earned. $111,818.50 plus 35% of the amount over $413,350 0 < x≤ 18,550 if 18,550 < x≤ 75,300 if 75,300 < x≤ 151,900 (b) Use the function to find T(40,000). $ (c) Find the tax due on a taxable inco of $90,000. $ (d) A friend tells Jack Waddell not to earn any money over $75,300 because it…
A certain company grants a six-month investment product that offers to pay its clients 8% the first month, 12% the second month, 11% the third month, 8% the fourth month, 14% the fifth month and 15% the sixth month. What would be the value of the average rate that the customer will receive? Write your answer to 2 decimal places.
A graphing calculator is recommended.A dealer predicts that new cars will sell at the rate of 5xe−0.2x sales per week in week x. Find the total sales in the first half year (week 0 to week 26). (Round your answer to the nearest whole number.)
2. You bought a new computer for $2,500. Four years later, your computer is valued at $1,250. a. Assume that the cost function will be linear and write a linear function to describe the cost of the computer ?t years after you bought it. b. Assume that the cost function will be exponential (think of exponential decay) and write an exponential function to describe the cost of the computer ?t years after you bought it. c. For each function you just wrote, find the rate at which the cost is depreciating 3 years after you bought it. d. Which function do you think would be more accurate? Write a complete sentence or two describing why you think so.

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