<span>In order for you to be able to determine on which is the best effective interest rate, we need to compute each interest and see on how much would it accrue after it matures. The formula to use is the compound interest formula which is A=P(1+r/n)^nt, wherein A is the amount of due including the interest, P as the principal, r as the interest rate, n as the number of times it would be compounded per year and t as the number of years it would be loaned. To reassign the formula with each given interest rate, and assuming that the amount to be loaned would be 1,000 and the number of years it would be loaned will be 5 years, the amount due after 5 years for the 8.254% compounded daily will be 1,510.82, for the 8.474% compounded weekly will be 1,527.03, for the 8.533% compounded monthly will be 1,529.80, for the 8.604% compounded yearly will be 1,510.88. The best effective interest rate offer would be the 8.254% compounded daily.</span><span />
Thai. Is. Really. Counfusong. For me sorry idk.
Answer:
The maximum profit of $ 10277.32____ can be made when the selling price of the dog food is set to $ _34___ per bag.
Step-by-step explanation:
Profit = Revenue - Cost
P(x) = R(x) -C(x)
= -31.72x^2 + 2,030x
-( -126.96x + 26,391)
Distribute the minus sign
= -31.72x^2 + 2,030x+126.96x - 26,391
Combine like terms
= -31.72 x^2 + 2156.96 x - 26391
This is a parabola. It is facing downwards. The maximum profits is at the vertex ( where the max is)
vertex = h = -b/2a = -(2156.96)/(2*-31.72) = -2156.96/-63.44=34
Evaluate P(x) at x=34 to determine the profit
P(34) = -31.72 (34)^2 + 2156.96 (34) - 26391
-36668.32+73336.64-26391
10277.32
Answer:
1). 0.903547
2). 0.275617
Step-by-step explanation:
It is given :
K people in a party with the following :
i). k = 5 with the probability of 
ii). k = 10 with the probability of
iii). k = 10 with the probability 
So the probability of at least two person out of the 'n' born people in same month is = 1 - P (none of the n born in the same month)
= 1 - P (choosing the n different months out of 365 days) = 
1). Hence P(at least 2 born in the same month)=P(k=5 and at least 2 born in the same month)+P(k=10 and at least 2 born in the same month)+P(k=15 and at least 2 born in the same month)
= 
= 
= 0.903547
2).P( k = 10|at least 2 share their birthday in same month)
=P(k=10 and at least 2 born in the same month)/P(at least 2 share their birthday in same month)
= 
= 0.0.275617
