Chapter 2: Problem 21
Find an equation of the line that has slope \(m\) and \(y\) -intercept \(b\). $$ m=0 ; b=5 $$
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Chapter 2: Problem 21
Find an equation of the line that has slope \(m\) and \(y\) -intercept \(b\). $$ m=0 ; b=5 $$
These are the key concepts you need to understand to accurately answer the question.
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LINEAR DEPRECIATION Suppose an asset has an original value of \(\$ C\) and is depreciated linearly over \(N\) yr with a scrap value of \(\$ S\). Show that the asset's book value at the end of the \(t\) th year is described by the function $$ V(t)=C-\left(\frac{C-S}{N}\right) t $$ Hint: Find an equation of the straight line passing through the points \((0, C)\) and \((N, S)\). (Why?)
The owner of a luxury motor yacht that sails among the 4000 Greek islands charges \(\$ 600 /\) person \(/\) day if exactly 20 people sign up for the cruise. However, if more than 20 people sign up (up to the maximum capacity of 90 ) for the cruise, then each fare is reduced by \(\$ 4\) for each additional passenger. Assume at least 20 people sign up for the cruise and let \(x\) denote the number of passengers above 20 . a. Find a function \(R\) giving the revenue/day realized from the charter. b. What is the revenue/day if 60 people sign up for the cruise? c. What is the revenue/day if 80 people sign up for the cruise?
According to a study conducted in 2003, the total number of U.S. jobs (in millions) that are projected to leave the country by year \(t\), where \(t=0\) corresponds to the beginning of 2000 , is $$ N(t)=0.0018425(t+5)^{2.5} \quad(0 \leq t \leq 15) $$ What was the projected number of outsourced jobs for 2005 \((t=5) ?\) For \(2010(t=10)\) ?
Find the vertex, the \(x\) -intercepts (if any), and sketch the parabola. \(f(x)=1.2 x^{2}+3.2 x-1.2\)
LEASING Ace Truck Leasing Company leases a certain size truck for \(\$ 30 /\) day and \(\$ .15 / \mathrm{mi}\), whereas Acme Truck Leasing Company leases the same size truck for \(\$ 25 /\) day and \(\$ .20 / \mathrm{mi} .\) a. Find the functions describing the daily cost of leasing from each company. b. Sketch the graphs of the two functions on the same set of axes. c. If a customer plans to drive at most \(70 \mathrm{mi}\), from which company should he rent a truck for a single day?
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