hello,
the first term is 250 so this is the initial invested amount
is to compute 8% annual interest compounded monthly (there are 12 months in a year)
and then multiply by 4 means that it is computed for 4 years so
finally the answer is
$250 is invested at 8% annual interest compounded monthly for 4 years
hope this helps
Answer:
See explanation
Step-by-step explanation:
Let x be the number of simple arrangements and y be the number of grand arrangements.
1. The florist makes at least twice as many of the simple arrangements as the grand arrangements, so
2. A florist can make a grand arrangement in 18 minutes hour, then he can make y arrangements in
hours.
A florist can make a simple arrangement in 10 minutes hour, so he can make x arrangements in
hours.
The florist can work only 40 hours per week, then
3. The profit on the simple arrangement is $10, then the profit on x simple arrangements is $10x.
The profit on the grand arrangement is $25, then the profit on y grand arrangements is $25y.
Total profit: $(10x+25y)
Plot first two inequalities and find the point where the profit is maximum. This point is point of intersection of lines and
But this point has not integer coordinates. The nearest point with two integer coordinates is (126,63), then the maximum profit is
