Tutors Answer Your Questions about Finance (FREE)
Question 1173549: You are considering a hypothetical $1,200 investment in a media company's stock. Your choice is to invest the money all at once or dollar-cost average at the rate of $100 per month for one year. Assume that the company allows you to purchase "fractional" shares of its stock.
If you invested all of the money in January and bought the shares for $12 each, how many shares could you buy?
Click here to see answer by Theo(13342)   |
Question 1173559: The Diver Time company makes digital watches for scuba divers. The company models its profits with
the function P(d) = −2d2+13d−6, where d is the number of watches sold, in hundreds, and P(d) is the
company’s profit, in tens of thousands of dollars.
a) How many watches does Diver Time need to sell to maximize profits?
b) What is the maximum profit?
Click here to see answer by ikleyn(52786)  |
Question 1173563: Find the ownership tax
List price:$16,500
Year:2nd
Ownership tax:?
Ownership Tax Rate Table:
Age of car Rate
1st year-2.0% of factory list price
2nd year-1.5% of factory list price
3rd year-1.1% of factory list price
4th year-0.8% of factory list price
5th-9th years-0.5% of factory list price
10th year and older-$5.00
Click here to see answer by Boreal(15235)  |
Question 1173606: Economic Downturn:A general trend of economic decline within Newyork city is reflected by fig.5.11. This figure indicates the vacancy rate for offices in Manhattan during the period 1985-1990.the increase in the vacancy rate appears to be approximately linear .The vacancy rate in 1986 was 9.4percent;in 1989,the rate was 13.2 percent.Using these two data points:
(a)Determine the linear function V=f(t),where V equal the estimated vacancy rate in percent and t equal time measured in years since 1985.
(b)Intterpret the slope and V interpret
(c)Using the function,estimate the vacancy rate in 1995
Click here to see answer by Boreal(15235) |
Question 1172934: Case study based-1
Mr. Jacson hired a warehouse for rent to hold unloaded goods before
further distribution. All the goods were packed into boxes of
dimensions 1.5m, 1.25m and 0.5m. The warehouse measured 40m
x 25m x 15m. Before storing the goods, he planned to whitewash and
clean the warehouse.
a) Mr. Jacson painted the four walls and the ceiling of the warehouse.
Calculate the area painted?
i) 3950𝑚2
ii) 2950𝑚2
iii) 1290𝑚2
iv) 1950𝑚2
b) How many boxes of paint would be required if 1 box of paint
contains 2 litres and 1 litres of paint can be used to paint an area of
5𝑚2?
i)590 boxes
ii)200 boxes
iii)390 boxes
iv)295 boxes
c) Find the maximum number of boxes that can be kept in the room.
i)160
ii) 2000
iii) 16000
iv)4000
d) How high must the warehouse be to hold 500 cubical boxes of side
4m?
i)1.6m
ii)32m
iii)8m
iv)33m
e) Find the diagonal of the warehouse.
i)50√2
ii)70
iii)35√2
iv) 2√35
Click here to see answer by Boreal(15235) |
Question 1173377: A company wants to deposit $500,000 per year in an investment which earns an interest of 10 percent per year compounded annually. Assume the first deposit is made at the end of the current year and additional deposits at the end of each following year.
(a) To what sum will the investment grow at the time of the 10th deposit?
(b) How much interest will be earned?
Click here to see answer by Theo(13342) |
Question 1173630: A football is kicked into the air. The height of the football is modelled by h(t)=-5t2+16t+1 , where
h(t) is the height in metres and t is the time in seconds from its release. When will the football first reach a
height of 13 metres?
Click here to see answer by ikleyn(52786) |
Question 1173650: A leading firm requires software for its internal use. The firm wants to evaluate whether it is less
costly to have its own programming staff and resources or to have programs developed by an
external development firm. The cost of both options is a function of the number of lines of code.
After the mathematical analysis, it has been estimated that the in-house development will cost $1.75
per line of code. In addition, annual overhead costs for supporting the program will be $35000.
While Software developed outside the firm costs, on average, $2.5 per line of code.
a) How many lines of code per year make the costs of the two options equal?
b) If programming needs are estimated at 35000 lines per year, what are the costs of the two
options?
c) In part b what would the in-house cost per line of code have to equal for the two options to be
equally costly?
Click here to see answer by Theo(13342) |
Question 1173659: A man takes a five - litre tin of white paint , a three-liter tin of yellow paint and a two-litre tin of blue paint and mixes the contents together in a bucket. If he now fills the original three tins with the mixture , how much white paint will there be in two - litre tin?
Click here to see answer by Solver92311(821)  |
Question 1173660: Three partners Otieno , Ouma and Makotsi decide to start an export business together. If Otieno contributes sh 20000 for 9 months, Ouma contributes sh 25000 for 6 months and Makotsi contributes sh 35000 for 4 months . Find their share in profits of sh1310000 .
Click here to see answer by ikleyn(52786) |
Question 1173658: A man begins to trade with sh 37100 . Later on , a partner joins him , injecting sh 63600 into business. At the end of the first year’s trading, the two partners share the profits equally. Find the time of the year when the second partner joined the first parter.
Click here to see answer by ikleyn(52786) |
Question 1173642: Question No. 1:
Part - A:
A leading firm requires a software for its internal use. The firm wants to evaluate whether it is less
costly to have its own programming staff and resources or to have programs developed by an
external development firm. The cost of both options are a function of the number of lines of code.
After the mathematical analysis it has been estimated that the in-house development will cost $1.75
per line of code. In addition, annual overhead costs for supporting the program will be $35000.
While Software developed outside the firm costs, on average, $2.5 per line of code.
a) How many lines of code per year make costs of the two options equal?
b) If programming needs are estimated at 35000 lines per year, what are the costs of the two
options?
c) In part b what would the in-house cost per line of code have to equal for the two options to be
equally costly?
Click here to see answer by mila nedic(19)  |
Question 1173776: At the Summer Olympics, basketball is played on a rectangular court. The width of the land is 1 m more than half of its length. Knowing that the perimeter of the field is 86 m, what are the dimensions of an Olympic basketball court?
Click here to see answer by ewatrrr(24785)  |
Question 1173773: The following are the demand and supply functions for three competing mobile phone models of different manufacturers.
q_d1=92-20p_1+4p_2+4p_3
q_s1=24p_1-32
q_d2=60+4p_1-12p_2+8p_3
q_s2=12p_2-44
q_d3=76+4p_1+8p_2-16p_3
q_s3=12p_3-20
Using Inverse Matrix Method determine whether there are prices which would bring the supply and demand levels into equilibrium for each of the three mobile phone models. If so, what are the equilibrium demand and supply quantities?
Click here to see answer by ikleyn(52786) |
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