Questions from Financial Algebra

Q: Determine whether each of the following points falls within the profit feasible

Determine whether each of the following points falls within the profit feasible region defined by / a. (0, 5) b. (2, 3) c. (0, 0) d. / e. (1.75, 2.75)

Q: Use Nate’s matrix N from exercise 7b above. Nate knows that

Use Nate’s matrix N from exercise 7b above. Nate knows that in the spring semester his tuition will increase by 5%, his supplies will decrease by 5%, his transportation will remain the same, his textb...

Q: The vertices of a feasible region are listed below. What is

The vertices of a feasible region are listed below. What is the maximum profit for the objective function / a. (0, 10), (0, 0), (20, 0) b. (1, 8), (2, 1), (8, 4), (10, 6)

Q: The vertices of a feasible region are listed below. What is

The vertices of a feasible region are listed below. What is the minimum cost for the objective function C = 45x + 53y? a. (3, 7), (15, 20), (22, 20), (23, 5) b. (0, 9), (12, 8), (20, 9), (9, 0)

Q: In each of the following, you are given an objective function

In each of the following, you are given an objective function and the vertices of a feasible region. Determine both the maximum and minimum values of the objective function as well as the point at whi...

Q: A group of college students are starting a small business called Custom

A group of college students are starting a small business called Custom Tech. They make customized cell phone and tablet cases. Their profits are $40 for the cell phone case and $60 for the tablet cas...

Q: Van Siclen Farms plants only corn and soybeans on their 4,

Van Siclen Farms plants only corn and soybeans on their 4,000-acre fields. The corn yields a profit of $160 per acre, and the soybean profit is $340 per acre. This year the owners have decided to plan...

Q: The quarterly dividend for Tiffany, a jewelry company, was $

The quarterly dividend for Tiffany, a jewelry company, was $0.40 during the first quarter of 2016. What was the annual dividend for 2,000 shares at that time?

Q: Maribel was approved for a 7-year private student loan at

Maribel was approved for a 7-year private student loan at 6.8% to cover her college costs of $10,900. a. Determine her monthly payment. Round to the nearest cent. b. What is the total amount she wil...

Q: A financial manager wants to invest up to $400,000

A financial manager wants to invest up to $400,000 of his client’s money in two investment plans. Plan A pays an annual interest rate of 6% and Plan B pays an annual interest rate of 8%. Although Plan...