ALEKS 360 COLLLEGE ALGEBRA ACCESS
1st Edition
ISBN: 9781264893744
Author: Miller
Publisher: MCG
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Chapter 1.2, Problem 33PE
To determine
To calculate: The amount of pure sand to be added in a mixture so that the new mixture contains 75% of sand by volume.
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How long will it take you to double your money if you invest it at a rate
of 8% compounded annually?
One hundred dollars is invested at 7.2% interest compounded annually.
Determine how much the investment is worth after:
a. I year
b. 5 years
c. 10 years
d. 20 years
e. Use your answers to parts (a)-(d) to estimate the doubling time for the
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6) A farmer has 60 acres on which to plant oats or corn. Each acre of oats requires 100 lbs of fertilizer and 1 hour
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fertilizer and 100 hours available for labor. If the profit is $60 from each acre of oats and $100 from each acre
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b) Write down the question of interest.
Corn
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c) Define variables to answer the question of interest. Call these x and y.
d) Write the objective function to answer the question of interest.
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