23. The average cost of a make ofautomobile in 1994 was $21, 534. Since then,the cost has increased about $1938 each year.Select the formula that represents the averagecost of this make of automobile as a function ofn where n =1 corresponds to 1994.[A] a,=21534+1938n[B] a„=1938+21534n[C] a,=19596+1938n[D] a,=21534 – 19596n

Given that, the average cost of a make of automobile in 1994 was $21534. Since then, the cost has…

Answered: _23. The average cost of a make of…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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The value V (in dollars) of an investment in year t is given by V = 2600(1.0375). Select all of the following which correctly describe the investment (more than one may be correct). OA. An initial investment of $2600 increases by 0.375% per year. OB. An initial investment of $2600 increases by 97.5 dollars every year. OC. An initial investment of $2600 increases by 0.0375% every year. OD. An initial investment of $2600 increases by 3.75% per year. O E. An initial investment of $2600 increases by 1.0375% per year. OF. None of the above
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7. A worker gets $20/hour for a normal work week of 40 hours and time-and-a-half for overtime. Assuming he works at least 40 hours a week, construct a function describing his weekly paycheck as a function of the number of hours worked.
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