SOLUTION: 1.Khumo takes out a personal loan of R439 200.00 to help finance the building of his holiday house. The terms of his home loan specify equal three-monthly repayments over five year
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Question 1196319: 1.Khumo takes out a personal loan of R439 200.00 to help finance the building of his holiday house. The terms of his home loan specify equal three-monthly repayments over five years, with 13.2% interest per annum, compounded quarterly. The initial payment is made three months after the loan was taken out. Considering the amortisation schedule, determine the total interest charged over the first year of repayments.
2.A manufacturing company have determined that the total revenue, R(x), from producing energy-efficient air conditioning units is given by the function
R(x)=x3−10x2+35x+1000.
The cost, C(x), to produce x units is given by the function
C(x)=250000+16x2.
The marginal profit function when x units are produced and sold is given by which of the following options?
options?
a.P′(x)=3x2−32x+35.
b.P′(x)=3x2−52x+35.
c.P′(x)=3x2−20x+35.
d.P′(x)=−3x2+4x+35.
Answer by ikleyn(52786) (Show Source): You can put this solution on YOUR website!
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