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.)

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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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A carpenter builds bookshelves and tables for a living. Each bookshelf takes one box of screws, two 2 ✕ 4's, and three sheets of plywood to make. Each table takes two boxes of screws, two 2 ✕ 4's, and four sheets of plywood. The carpenter has 55 boxes of screws, 70 2 ✕ 4's, and 115 sheets of plywood on hand. In order to maximize their profit using these materials on hand, the carpenter has determined that they must build 10 shelves and 20 tables. How many of each of the materials (boxes of screws, 2 ✕ 4's, and sheets of plywood) are leftover, when the carpenter builds 10 shelves and 20 tables? The carpenter has _ boxes of screws, _ 2 ✕ 4's, and _ sheets of plywood leftover.
Giovanni Food Products produces and sells frozen pizzas to public schools throughout the eastern United States. Using a very aggressive marketing strategy they have been able to increase their annual revenue by approximately $10 million over the past 10 years. But increased competition has slowed their growth rate in the past few years. The annual revenue, in millions of dollars, for the previous 10 years is contained in the Excel Online file below. Construct a spreadsheet to answer the following questions.
A company manufactures a product at its plants in A, B, and C, then ships the product to six customers in G, H, J, K, and L, The monthly capacity of plants A, B, and Care 7400, 7300, and 10000 units, respectively. The monthly demand from customers G, H, J, K, and Lare 3000, 500, 4600, 7500, and 8900 units, respectively. Use Excel Solver to find the optimal distribution plant that will give the lowest total monthly shipping cost if the shipping cost per unit (in dollars per unit) are as follows: - from A to G, H, J, K, and L are 4, 9, 20, 6, and 13 dollars per unit, respectively; from B to G, H, J, K, and L are 12, 7, 3, 10, and 6 dollars per unit, respectively; from C to G, H, J, K, and L are 7, 6, 12, 2, and 9 dollars per unit, respectively. - The optimal total shipping costs is dollars per month.
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