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In the month of April, your credit card (which is charging you 9.9% + the current prime interest rate) has a balance of $1000. On April 3rd you charge $100, then on April 20th you put 15 gallons of gas on the card. On April 23rd your payment of $400 arrives and is posted to your account. Finally, on April 27th you charge all of your food for the month for your family of 4.
a) What is your average daily balance at the end of the month on this card? Hint: You will need to research and find the cost of gas and food in order to solve this. Use the national average as of four months before the date Assignment is due. For instance, if your Assignment is due November 3rd, 2012, use the July 2012 national average.
b) How much interest will your card charge you this month, assuming interest is charged on the average daily balance?
c) If this card were using the interest rates of 30 years ago, how much interest would your card charge you this month?
What similarities and differences do you see between functions and linear equations? Are all linear equations functions? Is there an instance when a linear equation is not a function?
What is the probability that a part that starts in Process A will make it to shipping in two steps? Show the values that you are combining to solve this.
Perform six iterations and find absolute approximate error with exact solution. Also solve this system by Gauss elimination method with partial pivoting in order to get exact solution.
Economics : Equations, Quantity and Profit, A company manufacturers and sells a product. The estimated demand and cost functions are as below
Academic response to Binomial Distribution, Historical data shows 15% of the customers entering a store make a purchase. There are 50 customers in the store at the moment.
Write an equation representing the amount of money the class will make based on the number of tons of newspapers collected.
Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.
Find the principal amount
Let A be a positive definite matrix. Show that X has a unique positive square root. That is, show that there exists a unique positive matrix X such that X^2 =A.
The length of the diagonal of a rectangular billboard.
Was the class effective? Use the alpha=.10 level of significance. Use the classical method to solve.
Please prove the following theorem: A system of linear equations has zero, one or infinitely many solutions; there are no other possibilities.
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