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

See similar textbooks

Similar questions

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…
B. The graph below show's Leslie's monthly budget. Leslie's Monthly Budget other savings 11% 10% rent entertainment 30% 9% food clothing 8% 15% car insurance 10% 7% Which of the following are not true about her budget? А. Leslie spends twice as much on rent as she does food. Leslie spends less on food than she does on insurance and clothing combined. If Leslie makes $4,500 per month, she will put over $450 into savings. If Leslie makes $3,000 per month, she will spend $210 on insurance. В. С. D.
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
38page%3D7 Apps M Gmail YouTube Маps NE-Alpha My Courses 11D MATH 35 - Introductory Business Mafhem tirila Anson Corp. has $20,000 worth of chairs on January 1st, 2018, and it bought $35,000 worth of chairs throughout 2018. If the company has $15,000 worth of chairs left on December 31st, 2018, what is the cost of goods sold in 2018? O a. $70,000 O b. $55,000 c. $20,000 d. $40,000
A furniture factory receives a daily shipment of 50 boards of oak and 60 boards of maple, which they use to make cabinets and tables. Each cabinet uses two oak boards and two maple boards and yields a profit of $80. Each table uses two oak boards and three maple boards and yields a profit of $100. How many cabinets and tables should the factory make daily to maximize profit? Number of cabinets _______ Number of tables _________ max. profit ___________
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…

Recommended textbooks for you

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Mathematics For Machine Technology

Advanced Math

ISBN:

9781337798310

Author:

Peterson, John.

Publisher:

Cengage Learning,

Basic Technical Mathematics

Advanced Math

ISBN:

9780134437705

Author:

Washington

Publisher:

PEARSON

Topology

Advanced Math

ISBN:

9780134689517

Author:

Munkres, James R.

Publisher:

Pearson,

SEE MORE TEXTBOOKS