6. -/16.7 POINTS WANEFMAC6 P.3.066. Investments in junk bonds are declining continuously at a rate of...
0/6.66 points Previous Answers WaneFMAC6 P.2.029 6. My Notes Your company's new series "Avocado Comedy Hour" has been a complete flop, with viewership continuously declining at a rate of 26% per month. Use a suitable density function to calculate the probability that a randomly chosen viewer will be lost sometime in the next four months. (Round your answer to four decimal places.) 4524 7 0/6.66 points Previous Answers WaneFMAC7 9.5.005 My Notes Z is the standard normal distribution. Find the...
O-14 points WaneFMAC6 12.6.003. 0/6 Submissions Used My Notes (103 - p)2, where p is the price per case tissues and q the demand in weekly sales. The consumer demand equation for tissues given by q (a) Detemine the price elasticity of demand E when the price set at $33. (Round your answer to three decimal places.) E= Interpret your answer The demand is going by per 1% increase in price at that price level. (b) At what price should...
9: -3 points WaneFMAC6 12.6.016. 0/6 Submissions Used My Notes You have been hired as a marketing consultant to Big Book Publishing, Inc., and you have been approached determine the best selling price for the hit calculus text by Whiner and Istanbul entitled Fun with Denvatives. You decide to make life easy and assume that the demand equation for Fun with Derivatives has the linear form q mp b, where p is the price per book, q is the demand...
(2 points) Oil is pumped continuously from a well at a rate proportional to the amount of oil left in the well. Initially there were 1 million barrels of oil in the well; six years later 500,000 barrels remain. Let yy(t) be the number of barrels remaining after t years. put a positive answer, as "decreasing" is already in the statement.) rate - barrels/year (b) When will there be 50,000 barrels remaining? after years
(2 points) Oil is pumped continuously...
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(2 points) An oil company discovered an oil reserve of 130 million barrels. For time t > 0, in years, the company's extraction plan is a linear declining function of time as follows: where q(t) is the rate of extraction of oil in millions of barrels per year at time t and b 0.05 and a -14. (a) How long does it take to exhaust the entire reserve? time years (b) The oil price is a constant 30...
2. Suppose the average interest rate on euro bonds is 4%, and the average interest rate on U.S. dollar bonds is 6%. Which should the investor choose? (a) neither, because bonds have high default rates. (b) both, an investor will choose some euro bonds and some U.S. bonds to diversify. (c) the euro bond, because their economies are usually more stable. (d) It is not possible to answer without information on exchange rates. 3. If the U.S. interest rate is...
7. 0/2 points v || Previous Answers ly Notes Ask Your Teacher V For the past 15 years, an employee of a large corporation has been investing in an employee sponsored educational savings plan. The employee has invested $8,000 dollars per year. Treat the investment as a continuous stream with interest paid at a rate of 4.5% compounded continuously. (a) How much money is in the savings account today? (Round your answer to the nearest cent.) $ 171383.6 x (b)...
Suppose that $18,961 is invested at an interest rate of 5.7% per year, compounded continuously. a) Find the exponential function that describes the amount in the account after time t, in years. b) What is the balance after 1 year? 2 years? 5 years? 10 years? c) What is the doubling time? a) The exponential growth function is P(t)= (Type exponential notation with positive exponents. Do not simplify. Use integers or decimals for any numbers b) The balance after 1...
A person puts $400.00 into a savings account with 2.4% annual
interest rate (computed continuously). The value of such an
investment is given by:
V=Pe(rt), where P is principal invested, r is the annual interest
rate, and t is the number of years receiving interest. How many
years are required before the total interest is
increased by > $1.00 due to compounding interest? Round up to
the nearest whole year. Without compounding, the total interest
amount would have been P...
Suppose that $11,399 is invested at an interest rate of 6 3% per year, compounded continuously a) Find the exponential function that describes the amount in the account after time t, in years b) What is the balance after 1 year? 2 years? 5 years? 10 years? c) What is the doubling time? a) The exponential growth function is - 1 (Type exponential notation with positive exponents. Do not simplify. Use integers or decimals for any numbers in the equation.)...