Tutors Answer Your Questions about Finance (FREE)
Question 145232: This chapter was about finance and mixtures.
How many pounds of cashews selling for 7.40 per pound must be mixed with 6 pounds of peanuts selling for 2.60 per pound to create a mixture that sells for 5.80 per pound.
I have
7.40(X) + 6(2.60) = 5.80
7.40X + 16.50 = 5.80
-16.50 -16.50
7.40X = -10.70
----- ------
7.40 7.40
X = -12.14
I get the feeling that I have the wrong answer though. Help?
Click here to see answer by stanbon(75887) |
Question 146241: The linear equation y = 0.15x + 0.79 represents an estimate of the average cost of gas for year x starting in 1997. The year 1997 would be represented by x = 1, for example, as it is the first year in the study. Similarly, 2005 would be year 9, or x = 9.
a) What year would be represented by x = 4?
b) What x-value represents the year 2018?
c) What is the slope (or rate of change) of this equation?
d) What is the y-intercept?
e) What does the y-intercept represent?
f) Assuming this growth trend continues, what will the price of gasoline be in the year 2018? How did you arrive at your answer?
Click here to see answer by solver91311(24713)  |
Question 146634: HELP HELP HELP.....PLEASE PLEASE
Question 1: Write equation of the line containing the given point and parallel to the given line y=mx+b:
A. (5,7) x + 7y =5 The equation line is y???
B. (-9,5)4x =5y + 7 The equation line is y???
Question 2: Write equation of a line containing given point and perpendicular to given line.
A. Express answer y=mx+b (3,6); 8x + y = 9 The equation of the line is y???
B. (2,-6); 8x +3y =3 The equation of the line is y???
Click here to see answer by jim_thompson5910(35256) |
Question 146634: HELP HELP HELP.....PLEASE PLEASE
Question 1: Write equation of the line containing the given point and parallel to the given line y=mx+b:
A. (5,7) x + 7y =5 The equation line is y???
B. (-9,5)4x =5y + 7 The equation line is y???
Question 2: Write equation of a line containing given point and perpendicular to given line.
A. Express answer y=mx+b (3,6); 8x + y = 9 The equation of the line is y???
B. (2,-6); 8x +3y =3 The equation of the line is y???
Click here to see answer by scott8148(6628)  |
Question 146978: Five pencils and three erasers cost 65 cents. Three pencils and two erasers cost 40 cents. Find the cost of one pencil and the cost of one eraser.
So far I've got: 5p + 3e = .65 and 3p + 2e = .40 but don't know where to go from here to reach the answer.
Click here to see answer by Fombitz(32388)  |
Question 147294: Question: A stock has an expected return of 14%, the risk free rate is 4% and the market risk premium is 6% what must the beta of this stock be?
Solution provided by the lecturer:
State the variables:
E(Ri) = 14%, Rf = 4%, market risk premium = 6%
We are given all the values for the CAPM except for βi of the stock. We need to substitute these values into the CAPM, and solve for βi of the stock.
Remember, we are given the market risk premium!! The market risk premium is the expected return of the market minus the risk-free rate:
Market Risk Premium = E(Rm) - Rf
E(Ri) = Rf + βi * Market risk premium
CAPM : E(Ri) = Rf + βi(E(Rm)-Rf)
0.14 = 0.04 + βi 0.06
βi = 1.67
My solution:
E(Ri) = Rf + βi[E(Rm)-Rf]
0.14 = 0.04 + βi(0.06)
I cannot for the life of me understand or workout how the lecturer came up with a βi of 1.67!!
I realise this is a simple and stupid question but i would really appreciate any help given in regards to this question:)
Also it question did not come from a text book its part of my tutorial homework so i do not have the text book details.
Regards,
Andrew Beshara
Click here to see answer by oscargut(2103)  |
Question 147825: a cellular phone company offers a contract for which the cost of C, in dollars, of t minutes of telephoning is given by C=0.25(t-600)+ 55.95 where it is asumed that t>600 minutes. What times will keep cost between $105.95 and $119.70?
For the cost to be between $105.95 and $119.70 the telephoning time must be between ?? minutes and ?? minutes.
Click here to see answer by Fombitz(32388)  |
Question 147899: The length of a rectangle is 3 more than twice its width. The perimeter is 48 feet. Find the width. Hint: You did this in Module 3 Assignment 8. Now you have to write the equation and solve it.
I need help :)
Click here to see answer by Fombitz(32388)  |
Question 147898: Joe is 5 years older than Sally. In 15 years Joe will be 3 times as old as Sally is now. How old is Sally now? Hint: Write Joe's age now in terms of Sally's age now. Then write Joe's age in 15 years using the expression you just wrote for Joe's age now. Then using S for Sally's age now, write the equation with only one variable "S" and solve it.
I need help with this :)
Click here to see answer by Fombitz(32388)  |
Question 147822: Solve the system eqation by graphing. then classify the system as consistent or inconsistant and equation as dependent or independent.
What is the solution of the system equation?
3x + y =16
4x + 5y =14
B. Snookers lumber can convert logs into either lumber or plywood. In a given day, the mills turns twice as many units of plywood as lumber. It makes a profit of $20. on a unit of lumber and $50. on a unit of plywood. How many of each unit must be produced and sold in order to make a profit of $12480?
Snookers lumber must product and sell ?? units of lumber and ?? units of plywood in order to make a profit of $12480.
Click here to see answer by stanbon(75887) |
Question 148167: Jessica inherited $5500 from her uncle. She deposited part of the money in an account that paid 6% and the rest of the money in a account that paid 5%. The total interest income was $311 for 1 year. How much was deposited at each rate?
Click here to see answer by rajagopalan(174)  |
Question 148282: Trains A and B are traveling in the same direction on parallel lines. Train A is traveling at 40 miles per hour and Train B is traveling 50 miles an hour. Than Train A passes a station at 12:25 PM. If Train B passes the same station at 12:35 PM. What time will B catch up with Train A? When will Train B catch up with Train A?
When will Train B catch up to Train A?
Time ??? PM or AM?
Thanks
Click here to see answer by josmiceli(19441)  |
Question 148384: The mean life of a belted tire is given as 45000 km. The standard deviation is 2250 km.
What percent of the tires will have a life that exceeds 47250 km?
What percent of the tires will last longer than 40500 km?
Click here to see answer by stanbon(75887) |
Question 148397: Here's a hard one...HELP
In 1991, th elife expectancy of males in a certain country was 70.4 years. In 1998, it was 74.2 years. Let E represent the life expectancy in year t and let t represent the number of years since 1991.
The linear function E(t) that fits the data is??
E(t) = ??t + ??
(round to the nearest tenth)
Use the function to predict the life expectancy of males in 2003.
E(12)=???
(round to the nearest tenth)
Click here to see answer by stanbon(75887) |
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