Suppose a bank draws its venture capital funds annuallyfrom three sources of income: business loans, auto loans,and home mortgages. One spreadsheet shows the incomefrom each of these sources for the years 2023, 2024, and2025, and the second spreadsheet shows the venturecapital for these years. If the bank uses a fixed percent ofits income from each of the business loans, find thepercent of income from each of these loans.Spreadsheet 1A12345Years202320242025Spreadsheet 2AYears2023202420251234BсIncome from Loans ($millions)Business532562578Auto586269BCapital (millions)483.97503.25521.33DHome682695721CThe percent of income from business loans isabout%The percent of income from auto loans is aboutThe percent of income from home loans is about%.(Do not round until the final answer. Then round tothe nearest integer as needed.)

Answered: Image /qna-images/answer/9f4465ca-74f1-4ef9-8959-e4b246997e5f.jpg

Answered: Suppose a bank draws its venture…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Four-legged animals run with two different types of motion: trotting and galloping. An animal that is trotting has at least one foot on the ground at all times, whereas an animal that is galloping has all four feet off the ground at some point in its stride. The number of strides per minute at which an animal breaks from a trot to a gallop depends on the weight of the animal. Use the table and the method of this example to find an equation that relates an animal's weight x (in pounds) and its lowest galloping speed y (in strides per minute) Weight, x Galloping Speed, y 193.5 In y 35 50 75 500 185.7 174.8 162.2 124.5 Take the natural logarithm of each coordinate to obtain points of the form (In x, In y). (Round your answers to three decimal places.) Weight, x 35 185.7 Galloping Speed, y In x 193.5 1000 111.2 50 174.8 75 162.2 500 124.9 1000 111.2 Find the least squares regression line for the transformed points. (Round your answers to three decimal places.) In y 7+1 Find an equation of…
Three students, Linda, Tuan, and Javier, are given laboratory rats for a nutritional experiment. Each rat's weight is recorded in grams. Linda feeds her rats Formula A, Tuan feeds his rats Formula B, and Javier feeds his rats Formula C. At the end of a specified time period, each rat is weighed again, and the net gain in grams is recorded. Formula A 47 50 42 20 21 46 60 19 56 Formula B Formula C 27 36 33 33 38 59 51 48 19 25 22 36 25 30 58 Assume that all distributions are normal, the three population standard deviations are all the same, and the data was collected independently and randomly. Use a level of significance of a = 0.1. Ho: μ1 = μ₂ = μ3 H₁: At least two of the means differ from each other. 1. For this study, we should use Select an answer ✓ 2. The test-statistic for this data = (Please show your answer to 3 decimal places.) (Please show your answer to 4 decimal places.) 3. The p-value for this sample= 4. The p-value is Select an answer 5. Base on this, we should Select an…
Eijklmk = dijm - dim djl (2) Using the summation convention, Kronecker delta, and permutation symbol, show the following well- known vector identities: (Hint: Eq. (2) is useful to show (b.2).) (b.1): a (bx c) = b. (cxa) = c. (axb) (b.2): ax (bx c) = b(a c) — c(a - b)
Over the past three years, a stock produced returns of 6 percent, 15 percent, and -3 percent. respectively. Based on these three years, what range of returns would you expect to see 95 percent of the time? O-12 percent to 24 percent O-21 percent to 33 percent O 0 percent to 12 percent O-3 percent to 15 percent
Matrix D gives the dealer invoice prices for sedan and hatchback models of a car with manual transmission or automatic transmission. Matrix M gives the MSRP (manufacturer's suggested retail price) for the cars. Sedan Hatchback $29,000 D = $27,500]Manual $26,900 JAutomatic [ $28,500 Sedan Hatchback $32,600 [$31,900 $29,900]Manual $28,900 JAutomatic M = a. Compute M - D and interpret the result. b. A buyer thinks that a fair price is 6% above dealer invoice. Use scalar multiplication to determine a matrix F that gives the fair price for these cars for each type of transmission.
A new CD player costs 3,000, if the value of the equipment depreciates annually with a geometric progression and the CD player's value in year 4 is 1,500. Calculate the value of the CD player in year 2 O $11905.99999 O$ 11 905.50789 O $11 904.99888 O $11 904.50789
Question 12
Section 2.3 #23: Paul has $20,000 to invest. He invests part of his money 8% and part at 12%. How much should he put in each account to earn a total of 11% on his investment?
As the new owner of a supermarket, you have inherited a large inventory of unsold imported Limburger cheese, and you would like to set the price so that your revenue from selling it is as large as possible. Previous sales figures of the cheese are shown in the following table. Price per Pound, p $3.00 $4.00 $5.00 Monthly Sales, q (pounds) 404 286 224 Ae-DP, where A and b are constants you must determine. (a) Use the sales figures for the prices $4 and $5 per pound to construct a demand function of the form q (Round A and b to two significant digits.) q = (b) Use your demand function to find the price elasticity of demand at each of the prices listed. (Round your answers to two decimal places.) p = $3 E = p = $4 E = p = $5 E = (c) At what price should you sell the cheese to maximize monthly revenue? (Round your answer to the nearest cent.) $ (d) If your total inventory of cheese amounts to only 200 pounds and it will spoil one month from now, how should you price it to receive the…

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