Chapter 3: Problem 14
Solve for \(x\) algebraically. $$10^{6-x}=550$$
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Chapter 3: Problem 14
Solve for \(x\) algebraically. $$10^{6-x}=550$$
These are the key concepts you need to understand to accurately answer the question.
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The demand \(d\) for a specific product, in items per month, is given by $$ d(p)=25+880 e^{-0.18 p} $$ where \(p\) is the price, in dollars, of the product. a. What will be the monthly demand, to the nearest unit, when the price of the product is \(\$ 8\) and when the price is \(\$ 18 ?\)
Involve the factorial function \(x !\), which is defined for whole numbers \(x\) as $$ x !=\left\\{\begin{array}{ll} 1, & \text { if } x=0 \\ x \cdot(x-1) \cdot(x-2) \cdot \cdots \cdot \cdot 3 \cdot 2 \cdot 1, & \text { if } x \geq 1 \end{array}\right. $$ For example, \(3 !=3 \cdot 2 \cdot 1=6\) and \(5 !=5 \cdot 4 \cdot 3 \cdot 2 \cdot 1=120\) During the period from 2: 00 P.M. to 3: 00 P.M., a bank finds that an average of seven people enter the bank every minute. The probability that \(x\) people will enter the bank during a particular minute is given by \(P(x)=\frac{7^{x} e^{-7}}{x !} .\) Find the probability, to the nearest \(0.1 \%,\) that a. only two people will enter the bank during a given minute. b. 11 people will enter the bank during a given minute.
The retirement account for a graphic designer contains \(\$ 250,000\) on January 1 \(2002,\) and earns interest at a rate of \(0.5 \%\) per month. On February \(1,2002,\) the designer withdraws \(\$ 2000\) and plans to continue these withdrawals as retirement income each month. The value \(V\) of the account after \(x\) months is $$V=400,000-150,000(1.005)^{x}$$ If the designer wishes to leave \(\$ 100,000\) to a scholarship foundation, what is the maximum number of withdrawals (to the nearest month) the designer can make from this account and still have \(\$ 100,000\) to donate?
Verify that the hyperbolic cosine function \(\cosh (x)=\frac{e^{x}+e^{-x}}{2}\) is an even function.
The following argument seems to indicate that \(4=6 .\) Find the first incorrect statement in the argument. $$\begin{aligned} &4=\log _{2} 16\\\ &4=\log _{2}(8+8)\\\ &4=\log _{2} 8+\log _{2} 8\\\ &4=3+3\\\ &4=6 \end{aligned}$$
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