Finite Mathematics and Calculus with Applications
1st Edition
ISBN: 9781323188361
Author: Margaret Lial
Publisher: Pearson Education
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Chapter 3.3, Problem 1YT
To determine
To find: The maximize profit.
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Can you answer this question and give step by step and why and how to get it. Can you write it (numerical method)
Can you answer this question and give step by step and why and how to get it. Can you write it (numerical method)
There are three options for investing $1150. The first earns 10% compounded annually, the second earns 10% compounded quarterly, and the third earns 10% compounded continuously. Find equations that model each investment growth and
use a graphing utility to graph each model in the same viewing window over a 20-year period. Use the graph to determine which investment yields the highest return after 20 years. What are the differences in earnings among the three
investment?
STEP 1: The formula for compound interest is
A =
nt
= P(1 + − − ) n²,
where n is the number of compoundings per year, t is the number of years, r is the interest rate, P is the principal, and A is the amount (balance) after t years. For continuous compounding, the formula reduces to
A = Pert
Find r and n for each model, and use these values to write A in terms of t for each case.
Annual Model
r=0.10
A = Y(t) = 1150 (1.10)*
n = 1
Quarterly Model
r = 0.10
n = 4
A = Q(t) = 1150(1.025) 4t
Continuous Model
r=0.10
A = C(t) =…
Chapter 3 Solutions
Finite Mathematics and Calculus with Applications
Ch. 3.1 - Graph 3x + 2y 18.Ch. 3.1 - Graph the feasible region for the system...Ch. 3.1 - Prob. 1WECh. 3.1 - y=12x+1Ch. 3.1 - Prob. 3WECh. 3.1 - Prob. 4WECh. 3.1 - Prob. 1ECh. 3.1 - Prob. 2ECh. 3.1 - Prob. 3ECh. 3.1 - Prob. 4E
Ch. 3.1 - Prob. 5ECh. 3.1 - Prob. 6ECh. 3.1 - Prob. 7ECh. 3.1 - Prob. 8ECh. 3.1 - Prob. 9ECh. 3.1 - Prob. 10ECh. 3.1 - Prob. 11ECh. 3.1 - Prob. 12ECh. 3.1 - Prob. 13ECh. 3.1 - Prob. 14ECh. 3.1 - Prob. 15ECh. 3.1 - Prob. 16ECh. 3.1 - Prob. 17ECh. 3.1 - Prob. 18ECh. 3.1 - Prob. 19ECh. 3.1 - Prob. 20ECh. 3.1 - Prob. 21ECh. 3.1 - Prob. 22ECh. 3.1 - Prob. 23ECh. 3.1 - Prob. 24ECh. 3.1 - Prob. 25ECh. 3.1 - Prob. 26ECh. 3.1 - Prob. 27ECh. 3.1 - Graph the feasible region for each system of...Ch. 3.1 - Prob. 29ECh. 3.1 - Prob. 30ECh. 3.1 - Prob. 31ECh. 3.1 - Graph the feasible region for each system of...Ch. 3.1 - Prob. 33ECh. 3.1 - Prob. 34ECh. 3.1 - Prob. 35ECh. 3.1 - Prob. 36ECh. 3.1 - Prob. 37ECh. 3.1 - Prob. 38ECh. 3.1 - The regions A through G in the figure can be...Ch. 3.1 - Prob. 40ECh. 3.1 - Prob. 41ECh. 3.1 - Prob. 42ECh. 3.1 - For Exercises 4247, perform the following steps....Ch. 3.1 - Prob. 44ECh. 3.1 - Prob. 45ECh. 3.1 - For Exercises 4247, perform the following steps....Ch. 3.1 - Prob. 47ECh. 3.2 - Prob. 1YTCh. 3.2 - Prob. 1WECh. 3.2 - Prob. 2WECh. 3.2 - Prob. 3WECh. 3.2 - Prob. 4WECh. 3.2 - Prob. 1ECh. 3.2 - Prob. 2ECh. 3.2 - Prob. 3ECh. 3.2 - Prob. 4ECh. 3.2 - Prob. 5ECh. 3.2 - Prob. 6ECh. 3.2 - Prob. 7ECh. 3.2 - Prob. 8ECh. 3.2 - Prob. 9ECh. 3.2 - Prob. 10ECh. 3.2 - Prob. 11ECh. 3.2 - Prob. 12ECh. 3.2 - Prob. 13ECh. 3.2 - Prob. 14ECh. 3.2 - Prob. 15ECh. 3.2 - Prob. 16ECh. 3.2 - Prob. 17ECh. 3.3 - Prob. 1YTCh. 3.3 - Prob. 2YTCh. 3.3 - Prob. 3YTCh. 3.3 - Prob. 1WECh. 3.3 - Prob. 2WECh. 3.3 - Prob. 1ECh. 3.3 - Prob. 2ECh. 3.3 - Prob. 3ECh. 3.3 - Prob. 4ECh. 3.3 - Prob. 5ECh. 3.3 - Prob. 6ECh. 3.3 - Prob. 7ECh. 3.3 - Prob. 8ECh. 3.3 - Finance A pension fund manager decides to invest a...Ch. 3.3 - Prob. 10ECh. 3.3 - Prob. 11ECh. 3.3 - Prob. 12ECh. 3.3 - Blending The Mostpure Milk Company gets milk from...Ch. 3.3 - Profit The Muro Manufacturing Company makes two...Ch. 3.3 - Revenue A machine shop manufactures two types of...Ch. 3.3 - Revenue The manufacturing process requires that...Ch. 3.3 - Transportation A flash drive manufacturer has 370...Ch. 3.3 - Prob. 18ECh. 3.3 - Prob. 19ECh. 3.3 - Prob. 20ECh. 3.3 - Life Sciences 21. Health Care David Willis takes...Ch. 3.3 - Predator Food Requirements A certain predator...Ch. 3.3 - Nutrition A dietician is planning a snack package...Ch. 3.3 - Health Care Jennifer Morales was given the...Ch. 3.3 - Prob. 25ECh. 3.3 - Prob. 26ECh. 3 - Determine whether each of the following statements...Ch. 3 - Determine whether each of the following statements...Ch. 3 - Determine whether each of the following statements...Ch. 3 - Prob. 4RECh. 3 - Determine whether each of the following statements...Ch. 3 - Prob. 6RECh. 3 - Determine whether each of the following statements...Ch. 3 - Prob. 8RECh. 3 - Determine whether each of the following statements...Ch. 3 - Prob. 10RECh. 3 - Determine whether each of the following statements...Ch. 3 - Prob. 12RECh. 3 - Determine whether each of the following statements...Ch. 3 - Prob. 14RECh. 3 - Graph each linear inequality. 15. y 2x + 3Ch. 3 - Prob. 16RECh. 3 - Graph each linear inequality. 17. 2x + 6y 8Ch. 3 - Prob. 18RECh. 3 - Graph each linear inequality. 19. y xCh. 3 - Prob. 20RECh. 3 - Graph the solution of each system of inequalities....Ch. 3 - Prob. 22RECh. 3 - Graph the solution of each system of inequalities....Ch. 3 - Prob. 24RECh. 3 - Graph the solution of each system of inequalities....Ch. 3 - Prob. 26RECh. 3 - Use the given regions to find the maximum and...Ch. 3 - Prob. 28RECh. 3 - Use the graphical method to solve each linear...Ch. 3 - Prob. 30RECh. 3 - Use the graphical method to solve each linear...Ch. 3 - Prob. 32RECh. 3 - Prob. 33RECh. 3 - Prob. 34RECh. 3 - It is not necessary to check all corner points in...Ch. 3 - Prob. 36RECh. 3 - Prob. 37RECh. 3 - Prob. 38RECh. 3 - Profit Refer to Exercise 37. (a) How many batches...Ch. 3 - Prob. 40RECh. 3 - Prob. 41RECh. 3 - Construction A contractor builds boathouses in two...Ch. 3 - Prob. 43RECh. 3 - Prob. 44RECh. 3 - Prob. 45RECh. 3 - General Interest 46. Studying Ty Olden is trying...
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