The cost and revenue functions for producing and selling x units of a product are given.Cost and revenue are expressed in dollars. C(x)=125x+45,000, R(x)=125x. a. Find the number of units that must be produced and sold to break even. At this level, what is the dollar amount coming in and going out? b. Write the profit function from producing and selling x units of the product?

Answers

Answer 1

Answer:

X=125x+45,000+125x

Step-by-step explanation:


Related Questions

you are given a rectangular matrix m. your goal is to write a program that, if an element of m is equal to 0, sets that element's entire row and column to 0.

Answers

The  program for a  given rectangular matrix m,  if an element of m is equal to 0, sets that element's entire row and column to 0

def zeroify_matrix(m):  

rows = len(m)  

cols = len(m[0])  

rows_to_zeroify = []  

cols_to_zeroify = []  

for i in range(rows):

  for j in range(cols):

  if m[i][j] == 0:  

 rows_to_zeroify.append(i)  

cols_to_zeroify.append(j)  

for i in range(rows):  

for j in range(cols):

  if i in rows_to_zeroify or j in cols_to_zeroify:

   m[i][j] = 0  

return m

It is coded in python for the given problem of recreating a rectangular matrix, for a single element to be 0, the whole row nad column will contain zero elements.

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The total revenue for Jane's Vacation Rentals is given as the function R(x)=400x−0.4x2
, where x is the number of apartments booked. What number of apartments booked produces the maximum revenue?

Answers

To find the number of apartments booked that produces the maximum revenue, we can determine the vertex of the quadratic function R(x) = 400x - 0.4x^2. The x-coordinate of the vertex represents the number of apartments that will maximize the revenue.

The vertex of a quadratic function in the form ax^2 + bx + c can be found using the formula x = -b / (2a).

In this case, a = -0.4, b = 400, and c = 0.

Using the formula, we can calculate the x-coordinate of the vertex:

x = -b / (2a)
= -(400) / (2 * (-0.4))
= -400 / (-0.8)
= 500

Therefore, the number of apartments booked that produces the maximum revenue is 500.

What is the slope of the line that passes through points (0,7) and (-3, 0)? O A Α. 7 ОВ. 7 O C. 13 OD 3​

Answers

Answer:

\(m=\frac{7}{3}\)

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Slope Formula: \(m=\frac{y_2-y_1}{x_2-x_1}\)

Step-by-step explanation:

Step 1: Define

Point (0, 7)

Point (-3, 0)

Step 2: Find slope m

Simply plug in the 2 coordinates into the slope formula to find slope m

Substitute [SF]:                    \(m=\frac{0-7}{-3-0}\)Subtract:                              \(m=\frac{-7}{-3}\)Simplify:                               \(m=\frac{7}{3}\)

describe how a graph would look for the solution set for the inequality in problem 5. describe what the solution means and how the price of the balloons bought will affect the amount in the budget.

Answers

A)
i) the inequality to show the number of ballons that the dance committee can buy is: 0.80b + 65 ≤ 125

ii)  solving the inequality above, we arrive at b ≤ 75
B) The graph is attached accordingly.

C) See the description of the solution below.



What is the explanation for the above?


Let's start by defining our variables. Let b be the number of balloons that the dance committee could buy.

The cost of b balloons is $0.80b. We want to make sure that the cost of the balloons plus the amount already spent on decorations ($65) is less than or equal to the budget of $125. So we can write the following inequality:

0.80b + 65 ≤ 125

Now we can solve for b:

0.80b + 65 ≤ 125

0.80b ≤ 125 - 65

0.80b ≤ 60

b ≤ 75

Therefore, the dance committee can buy up to 75 balloons to stay within their budget.

To graph the solution set, we can plot b on the horizontal axis and shade the region to the left of b = 75, since b must be less than or equal to 75.

The solution set represents all possible values of b that satisfy the inequality. In this case, the solution set is b ≤ 75, which means that the dance committee can buy up to 75 balloons and still stay within their budget.

As the number of balloons increases, the cost of the balloons also increases, and the amount of money left in the budget decreases.

Therefore, the more balloons the dance committee buys, the less money they will have left for other decorations or expenses.

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Full Question:


Since the above question is incomplete, it appears you are referring to the question below.


The dance committee has a budget of $125 to decorate the gym for a spring dance. They already spent $65. Some members want to buy helium balloons that cost $0.80 each.

A) Write and solve an inequality to show the number of balloons that the dance committee could buy.

B) Graph the solution set for the inequality.
C) Describe what the solution means and how the number of balloons affects the amount in the budget.

describe how a graph would look for the solution set for the inequality in problem 5. describe what the

Evaluate the following 14/2+4*4-4

Answers

Answer:

14/2+4x4-4= 19

Step-by-step explanation:

calculate

7+19-4

which is 19

(BODMAS rule is used here)

14/2 + 4 × 4 - 4

7 + 4 × 4 - 4

7 + 16 - 4

7 + 12

19

please mark brainliest <3

1
Subtract: (-9 +61) - (5-101)
Your Work
Please show ^

Answers

148

(-9 +61) - (5-101)

(-9 +61) = 52

(5-101) = -96

So, 52 - ( - 96 )

=> 52 + 96

=> 148

Hope it helps!

Answer:

-9+61-5+101

-14+162

148

hope this will help you

if you take away 25 from a number you will be left with two and halftimes 30. what is the number?​

Answers

The answer would be 100.
If you take away 25 from (100) you get 75.
70 also equals 2.5*30

In a survey of 2820 ​adults, 1457 say they have started paying bills online in the last year.

Construct a​ 99% confidence interval for the population proportion. Interpret the results.

Answers

The 99% confidence interval for the population proportion is given as follows:

(0.4925, 0.5409).

The interpretation is that we are 99% sure that the population proportion is between these two values.

What is a confidence interval of proportions?

A confidence interval of proportions has the bounds given by the rule presented as follows:

\(\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}\)

In which the variables used to calculated these bounds are listed as follows:

\(\pi\) is the sample proportion, which is also the estimate of the parameter.z is the critical value.n is the sample size.

The confidence level is of 99%, hence the critical value z is the value of Z that has a p-value of \(\frac{1+0.99}{2} = 0.995\), so the critical value is z = 2.575.

The parameters for this problem are given as follows:

\(n = 2820, \pi = \frac{1457}{2820} = 0.5167\)

Then the lower bound of the interval is given as follows:

0.5167 - 2.575sqrt(0.5167(0.4833)/2820) = 0.4925.

The upper bound of the interval is given as follows:

0.5167 + 2.575sqrt(0.5167(0.4833)/2820) = 0.5409.

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PLEASE TELL ME THE VALUE

PLEASE TELL ME THE VALUE

Answers

Answer:

Hello! answer: there are 7 quarters which are worth 25 cents each 6 dimes which are worth 10 cents each

there are 5 nickels which are worth 5 cents each and there are 8 pennies which are worth 1 cent each

the total value off all of these together is $2.68

Sphenathi and other matriculants plan to pass Bloemfontein at 07.25 to travel the above stated distance to Uptington. Determine (to the nearest km/h) the average speed at which they must travel to be in Uptington by 09:45.​

Answers

Sphenathi and the other matriculants must travel at an average speed of approximately 107 km/h to reach Uptington by 09:45.

To determine the average speed at which Sphenathi and the other matriculants must travel to reach Uptington by 09:45, we need to calculate the time available for the journey and the distance between the two locations.

The time available is from 07:25 to 09:45, which is a total of 2 hours and 20 minutes. We need to convert this time to hours by dividing by 60:

2 hours + 20 minutes / 60 = 2.33 hours

Now, let's calculate the distance between Bloemfontein and Uptington. Suppose the distance is 'd' kilometers.

We can use the formula for average speed: average speed = distance / time

In this case, the average speed should be such that the distance divided by the time is equal to the average speed.

d / 2.33 = average speed

Now, let's assume that Sphenathi and the other matriculants must travel a distance of 250 kilometers to reach Uptington. We'll substitute this value into the equation:

250 / 2.33 = average speed

To find the average speed to the nearest km/h, we'll calculate the result:

average speed ≈ 107.3 km/h

Therefore, Sphenathi and the other matriculants must travel at an average speed of approximately 107 km/h to reach Uptington by 09:45.

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Select the correct name in the table.
A teacher arranged some pencils on her desk as shown below and asked her students what concept the pencils demonstrated.

Allie said the pencils are an example of perpendicular lines.
Caryl said the pencils are an example of perpendicular segments.
Frank said the pencils are an example of parallel lines.
Hector said the pencils are an example of parallel segments.
Morgan said the pencils are an example of lines that are neither parallel nor perpendicular.
Terrence said the pencils are an example of segments that are neither parallel nor perpendicular.
Which student answered correctly?

Allie Caryl Frank
Hector Morgan Terrence

Select the correct name in the table.A teacher arranged some pencils on her desk as shown below and asked

Answers

The person that is correct among the students is Frank who said the pencils are an example of parallel lines.

What are parallel lines?

Parallel lines are lines that can never meet. These are lines that run a direction that is quite opposite to each other as we can see from the image. It is clear that the lines as shown are not able to meet at any point even if they are extended.

Thus, the person that is correct among the students is Frank who said the pencils are an example of parallel lines.

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math project : I need an interesting project idea for mathematics that can relate 3 different topics, I should write a full research paper related on the topic this are some examples related to the project
You must state a question that you would like to answer. This must be a specific question within your topic and should be explored thoroughly to create a complete paper.
Examples:
(i) How can we use Mathematical/Calculus-based tools to study the spread of COVID-19?
(ii) Designing a new Mathematical/Calculus-based model to analyze the spread of COVID-19
(iii) How many entrances should there be at Expo to accommodate all visitors?
(iv) How much water does the UAE need in order to sustain its ever changing population? (i.e. comparing water usage vs. water production)
Literature review:
You must show using multiple references and sources of the current literature on your given topic. This does NOT imply that information is simply copied from the internet but rather you must present a comprehensive review and summary of the latest research on your topic. It is suggested that you chose a specific aspect of your topic in order to include all required elements.
Examples:
(i) Review of the existing Mathematical/Calculus-based models used to analyze the spread of COVID-19
(ii) Review of existing Mathematical/Calculus-based models and calculations regarding risk insurance.

Answers

A mathematics topic that van be looked into is how linear algebra, graph theory and optimization can be used on the airline industry.

How to explain the information

In this case, to solve the scheduling issues faced by airlines such as planning flights, assigning planes and crews to routes - mathematical techniques can be employed.

By leveraging Linear Algebra, operators can simulate the flow of aircrafts and passengers while Graph Theory can help model flight schedules and aircraft routes.

Simultaneously using Optimization techniques in the problem-solving process can work to streamline various operations resulting in reduced costs and improved efficiency which can increase profit margins.

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What is the absolute deviation of 30 in this data set?

{26, 35, 27, 30, 22}

2

3

5

8

Answers

Using it's concept, it is found that the absolute deviation of 30 in the data set is of 2.

What is the absolute deviation of a measure?

The absolute deviation of a measure is given by the absolute value of the differente between the measure and the mean.

The mean is the sum of all observations divided by the number of observations. In this data-set, it is given by:

M = (26 + 35 + 27 + 30 + 22)/5 = 28

30 - 28 = 2, hence, the absolute deviation of 30 in the data set is of 2.

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Answer:

The answer is 2

Step-by-step explanation:

I took the test

Bandhan Bank employee salary after 10 years

Answers

Answer:

- Banking Operations salary in India with less than 1 year of experience to 10 years ranges from ₹ 1.4 Lakhs to ₹ 7 Lakhs with an average annual salary of ₹ 3.1 Lakhs based on 261 latest salaries

Write as the opposite of a square root. -3√5

Answers

The value of -3√5 as the opposite of the square root is -75.

What in mathematics is a square root?

The factor we can multiply by itself to obtain a given number is the number's square root.

               Square root is represented by the symbol sqrt, which stands for square root of, end square root. Squaring an integer is the reverse of finding its square root.

-3√5

The opposite of the square root is the square, so,

-3√5 = -3 × 5²

-3√5 = - 3 × 25

-3√5 = - 75

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consider the following sets of sample data: a: 3.97 , 3.47 , 3.99 , 4.30 , 3.16 , 3.07 , 4.24 , 2.94 , 3.56 , 3.43 , 3.06 , 3.34 , 4.35 , 3.57 b: $24,800 , $30,000 , $22,300 , $20,400 , $19,000 , $32,200 , $23,000 , $23,000 , $24,000 , $27,200 , $34,900 step 1 of 2 : for each of the above sets of sample data, calculate the coefficient of variation, cv. round to one decimal place.

Answers

The the coefficient of variation for set a is 15.7% and the coefficient of variation for set b is 22.3%.

Calculation of Coefficient of Variation:

The formula for calculating the coefficient of variation is:

CV = (standard deviation / mean) x 100%

where standard deviation is a measure of the spread of the data around the mean. The CV expresses the standard deviation as a percentage of the mean.

To calculate the CV for set a, we first need to find the mean and standard deviation of the data set. The mean can be calculated by adding all the values and dividing by the number of values.

Mean = (3.97 + 3.47 + 3.99 + 4.30 + 3.16 + 3.07 + 4.24 + 2.94 + 3.56 + 3.43 + 3.06 + 3.34 + 4.35 + 3.57) / 14 = 3.65

The standard deviation can be calculated using a calculator or a spreadsheet software such as Microsoft Excel. For this set, the standard deviation is 0.574.

CV = (0.574 / 3.65) x 100% = 15.7%

To calculate the CV for set b, we need to first remove the dollar sign from each value and then find the mean and standard deviation.

Mean = ($24,800 + $30,000 + $22,300 + $20,400 + $19,000 + $32,200 + $23,000 + $23,000 + $24,000 + $27,200 + $34,900) / 11 = $25,727.27

The standard deviation can be calculated using a calculator or spreadsheet software. For this set, the standard deviation is $5,746.38.

CV = ($5,746.38 / $25,727.27) x 100% = 22.3%

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R(-6, 1), S(-3, -3)
Find the coordinates of the midpoint of a segment with given endpoints

Answers

Answer:

\(\boxed {\boxed {\sf ( - \frac{9}{2}, -1) \ or \ (-4.5, -1) }}\)

Step-by-step explanation:

We are asked to find the midpoint of a line segment. When you find the midpoint, you essentially find the average of the x-coordinates and the y-coordinates. The midpoint formula is:

\((\frac {x_2+x_1)}{2}, \frac{y_2+y_1}{2})\)

In this formula, (x₁, y₁) and (x₂, y₂) are the endpoints of the line segment. we are given the endpoints R (-6, 1) and S (-3, -3). If we match the value and the corresponding variable we see that:

x₁= -6 y₁= 1 x₂= -3 y₂= -3

Substitute the values into the formula.

\(( \frac{-3 + -6}{2} , \frac{ 1+ -3}{2} )\)

Solve the numerators.

-3 + -6 = -9 1 + -3 = -2

\((\frac {-9}{2}, \frac {-2}{2})\)

Divide.

\(( - \frac {9}{2}, -1})\)

The fraction can also be written as a decimal.

\((-4.5 , -1)\)

The midpoint of the line segment RS is (-9/2, -1) or (-4.5, -1).

area
help hellllppppp

area help hellllppppp

Answers

Answer:

Area = 14¹/16 yd² or 14.0625 yd²

Step-by-step explanation:

2. The figure given is a square having equal sides of 3¾ yd each.

Formula for area of the square = a²

Where,

a = 3¾ yd

Plug in the value into the equation:

Area = (3¾)²

Change to improper fraction

Area = (15/4)²

Area = 225/16

Area = 14¹/16 yd² or 14.0625 yd²

A college has over 5,000 students, 10, percent of which are left-handed. A new lecture hall is being planned that will seat 300 students, and college officials want to be sure there are enough left-handed desks. Suppose we randomly select groups of 300 students from this college. What are the mean and standard deviation of the number of left-handed students in each group of 300? You may round your answers to the nearest tenth.

Answers

Answer:

Mean: 30 students

Standard deviation: 5.2 students

Step-by-step explanation:

Khan

Consider the function below. Find f(x) = 7

f(x) = 4x - 9

Answers

Answer:

x=4

Step-by-step explanation:

it tel you that f(x) = 7 so replace "f(x)" for 7 in the equation. You then get 7 = 4x - 9 so now you solve for x. You have to isolate x so you add 9 to the other side since you do the opposite of -9. Once you add 9 and 7, then divide the answer by 4. You should get 4 = x.

Work:

f(x) = 4x - 9

7 = 4x - 9

7 + 9 = 4x

16 = 4x

16 ÷ 4 = x

4 = x

2x² + 5x, what will it a Perfect Square? make​

Answers

Answer:

2x² + 5x + c = 0

For this quadratic equation to have one double root, the discriminant must equal 0.

5² - 4(2)(c) = 0

25 - 8c = 0

c = 25/8

Final answer:

2x² + 5x is not a perfect square because the coefficient of x², 2, is not a perfect square.

Explanation:

2x² + 5x is not a perfect square.

A perfect square is an expression that can be factored into the square of a binomial. To determine if an expression is a perfect square, we can look at the coefficient of x². In this case, the coefficient is 2, which is not a perfect square.

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Determine whether each of these sets is countable or uncountable. For those that are countably in nite, exhibit a one-to-one correspondence between the set of positive integers and that set. (a) integers not divisible by 3. (b) the real numbers with decimal representations consisting of all 1s.

Answers

Answer:

a) Countably Infinite

b) Countably Infinite

Step-by-step explanation:

To find - Determine whether each of these sets is countable or uncountable. For those that are countably infinite, exhibit a one-to-one correspondence between the set of positive integers and that set.

(a) integers not divisible by 3.

(b) the real numbers with decimal representations consisting of all 1s.

Proof -

a)

Let

A be the set of integers that are not divisible by 3

Now,

A is countably infinite.

The one-to one correspondence between the set to positive integers and A be -

f(n) = 3(n/4 - 1) + 1                if n is divisible by 4

     = 3(n-1)/4 + 2                 if n - 1 is divisible by 4 and n ≥ 1

     = -[ 3(n-2)/4 + 1]             if n - 2 is divisible by 4 and n ≥ 2

     = -[ 3(n-3)/4 + 2]             if n - 3 is divisible by 4 and n ≥ 3

b)

Let B be the set of the real numbers with decimal representations consisting of all 1s.

Now,

B is countably infinite.

The one-to one correspondence between the set to positive integers and B be -

When the function listed positive number, then we will list the corresponding negative number immediately after it before listing the next positive number.

Now,

The set of real number starts with 1, 11, 111, ... and the decimal representation consisting all 1s is -

1.1, 1.11, 1.111, 1.1111 .........(countable)

11.1, 11.11, 11.111, 11.1111 ........(countable)

111.1, 111.11, 111.111, 111.1111 ......(countable)

and so on

So,

There are countable infinite elements

The rate of change in sales S is inversely proportional to time t(t > 1) measured in weeks. Find S as a function of t if sates after 2 and 4 weeks are 200 units and 350 units respectively.
A. S(t) = 50 [3 ln t/ln2 +1]
B. S(t) = 550 [3 ln t/ln3 +150]
C. S(t) = 50 [3 ln t/ln2 +11]
D. S(t) = 50 [11 ln t/ln2 +1]
E. S(t) = 550 [ln t/ln3 +1]

Answers

Answer:

A. S(t) = 50 [3 ln t/ln2 +1]

Step-by-step explanation:

We are told that the rate of change in sales S is inversely proportional to time.

Thus;

dS/dt = k/t

Where k is the constant of proportionality.

So,

dS = (k/t)dt

Integrating both sides gives us;

S = (kIn t) + C

We are given that after 2 and 4 weeks are 200 units and 350 units respectively.

Thus;

S(2);

(k In 2) + C = 200 - - - (eq 1)

(k In 4) + C = 350 - - - -(eq 2)

To find k, let's subtract eq 1 from eq 2 to get;

(k In 4) - (k In 2) = 350 - 200

(k In 4) - (k In 2) = 150

k(In 4 - In 2) = 150

0.6931k = 150

k = 150/0.6931

k = 216.42

Plugging this for k in eq 1 gives;

(216.42 In 2) + C = 200

C = 200 - 150

C = 50

Thus;

S(t) = (216.42In t) + 50

Now 216.42 can also be expressed as;

150/In 2

Thus;

S(t) = ((150/In 2)In t) + 50

Factorizing out gives;

S(t) = 50 [(3 ln t/ln2) + 1]

Option A is the correct answer

In rhombus FGHJ, m∠1=43°.

What is m∠2?

Enter your answer in the box.

Answers

Answer:

47

Step-by-step explanation:

I took the test

The amount of time devoted to studying statistics each week by students who achieve a

grade of A in the course is normally distributed with a mean of 7.5 hours and a standard

deviation of 2.1 hours.

a. What proportion of A students study for more than 10 hours per week.

b. Find the probability that an A student spends between 7 and 9 hour​

Answers

Answer:

a) the probability of A students study for more than 10 hours per week

P(X>10) = 0.117

b) The probability that an student spends between 7 and 9 hour

P(7<x< 9) = 0.9522

Step-by-step explanation:

Step(I):-

Let 'X' be random variable of  the normal distributed with a mean of 7.5 hours and standard deviation of 2.1 hours

mean of the Population is = 7.5 hours

standard deviation of the Population = 2.1 hours

\(Z = \frac{x-mean}{S.D}\)

Z = 1.1904

The probability of A students study for more than 10 hours per week

P(X>10) = 0.5-A(Z₁) = 0.5 -A(1.1904) = 0.5 - 0.3830 = 0.117

Step(ii):-

Put x=7

\(Z = \frac{7-7.5}{2.1}= -0.238\)

put x=9

\(Z = \frac{9-7.5}{2.1} = 0.7142\)

The probability that an A student spends between 7 and 9 hour

P(7 < x< 9) = A(9) - A(7)

                 = 0.7142 +0.238

= 0.9522





Each of 150 volunteers was assigned at random to one of five rooms where they were asked to taste and rate a glass of wine. In one of the rooms, no music was playing and a different style of music was playing in each of the other four rooms. The researchers concluded that cabernet sauvignon is perceived as being richer and more robust when bold music is played than when no music is heard.

Required:
a. Is the study described an observational study or an experiment?
b. Can a case be made for the researcher's conclusion that the music played was the cause for the higher rating? Explain.

Answers

Answer:

a. Experiment

b. yes

Step-by-step explanation:

The study being conducted in this scenario is an experiment because different groups are being created and both an independant variable and dependant variable are being introduced. This means that there is researcher involvement and therefore makes this an experiment and not an observational study.

Yes, a case can be made for such a claim. This is because the music being played is the dependent variable in each of the groups. Meaning that the only difference in each of the groups was the music. Therefore, any differences in the data gathered can be connected to the music.

Solve the following quadratic inequality x^2+x-6>0

Answers

Answer:

x < -3 or x > 2

Step-by-step explanation:

x² + x - 6 > 0

Convert the inequality to an equation.

x² + x - 6 = 0

Factor using the AC method and get:

(x - 2) (x + 3) = 0

If any individual factor on the left side of the equation is equal to 0, the entire expression will be equal to 0.

x - 2 = 0

x = 2

x + 3 = 0

x = -3

So, the solution is x < -3 or x > 2


Find the area and the circumference of a circle with diameter 4 yd.
Use the value 3.14 for it, and do not round your answers. Be sure to include the correct units in your answers.

Find the area and the circumference of a circle with diameter 4 yd.Use the value 3.14 for it, and do

Answers

Answer:

Hello!!! Princess Sakura here ^^

Step-by-step explanation:

C≈12.57 yd

A≈12.57 yd²

if a car is worth 16400 and it depreciates 8.25, in 10 years how much will it be worth?

Answers

Answer:

$6932.73

Step-by-step explanation:

16400(0.9175)^10

6932.73464

Egbert wants to establish a fund for his grandchild's college education. What lump sum must he deposit at a 7% annual interest rate, compounded quarterly, in order to have $40,000 in the fund at the end of 10 years? Fill in the values, plug into the formula, use algebra and your calculator to get the result. Round to the nearest cent.

Answers

Egbert must deposit $19,602.52 as a lump sum in order to have $40,000 in the fund at the end of 10 years.

To calculate the required lump sum deposit, we can use the formula for compound interest:

A = P\((1+r/n)^{nt}\)

Where:

A = the future value (desired amount in the fund) = $40,000

P = the initial principal (lump sum deposit we need to find)

r = the annual interest rate in decimal form = 7% = 0.07

n = the number of compounding periods per year = 4 (quarterly compounding)

t = the number of years = 10

Plugging in these values, the formula becomes:

$40,000 = P\((1+(0.07/4)^{(4*10)}\)

Simplifying further:

$40,000 = P\((1.0175)^{40}\)

Now we can solve for P by dividing both sides of the equation by

P = $40,000 /\((1.0175)^{40}\)

Using a calculator to evaluate the expression, we find:

P ≈ $19,602.52

Therefore, Egbert must deposit approximately $19,602.52 as a lump sum in order to have $40,000 in the fund at the end of 10 years.

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