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Simon donated $750,000 to the Junior Idol Hopefuls to fund a perpetuity of five annual bursaries for students of the singing school. If the first of the five bursaries are to be awarded immediately, what is the maximum amount of each bursary? Assume the fund earns 4.2% compounded semi-annually.
part of a $2900 investment earned interest at a rate of 6%, and the rest earned interest at a rate of 2%. The combined interest at the end of the year was $160. How much was invested at each rate?
The highest average cost of a 30-second commercial in October, 2002 was $455,700. How much was the commercial worth per second?
The price function for selling Squinks is p = 180 - 7x. Sales are 38 per day and dropping at 5 per day. How quickly is revenue changing?
a set of final exam scores in an organic chemistry course was found to be normally distributed with a mean of 73 and a
A cup of coffee at 179 degrees is poured into a mug and left in a room at 66 degrees. After 7 minutes, the coffee is 133 degrees. Assume that the differential equation describing Newton's Law of Cooling is (in this case)dT/dt=k(T-66).What is the t..
A swimming pool is 16 feet wide and has transverse cross-sections which look like: If the pool is being filled at a rate of 1.1 cubic feet per minute, how fast is the water level rising when the depth of water is 2 feet?
As we know, a set is just a collection of objects that are similar in some way, like a gaggle of geese, pride of lions, or an army of ants. To further classify our world, we can create subsets from a larger set. Let's consider the idea of a subset..
Is there evidence of linear correlation between the two variables? Is the direction of association positive or negative? Interpret the meaning of this relationship in the context of this problem. Explain your answers using the value of r, the p-va..
a pizza company claims that it puts 0.5 kg of cheese in its pizza of a certain size. the amount of cheese on a randomly selected pizza of this size is normally distributed with a mean of 0.5 kg and standard deviation of 0.025 kg.
Linear Programming Case Study, It will be a problem with at least three (3) constraints and at least two (2) decision variables. The problem will be bounded and feasible. It will also have a single optimum solution (in other words, it won't have alte..
The number of international visitors to the United States each year (in millions) can be estimated and projected by the formula V = 2.18t+46.46,where t is the number of years since 2004. Find the number of visitors in 2007 ?
the average gasoline price micro of one of the major oil companies in europe has been 1.25 per liter with a population
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