Advanced Mathematical Concepts: Precalculus with Applications, Student Edition
1st Edition
ISBN: 9780078682278
Author: McGraw-Hill, Berchie Holliday
Publisher: Glencoe/McGraw-Hill
expand_more
expand_more
format_list_bulleted
Videos
Question
Chapter 2.7, Problem 17E
To determine
To find: the maximum amount that should be deposited into each account in order to earn more interest possible in one year; if not possible state whether the problem is infeasible, unbounded or has alternate optimal solutions.
Expert Solution & Answer
Answer to Problem 17E
First bank: $4000
City bank: $7000
Explanation of Solution
Given information:
Let the amount deposited in first bank x and amount deposited in first bankbe y .
Total amount in both the banks = $11000
Maximum deposit at first bank = $7500
Minimum deposit at city bank = $1000
Maximum deposit at city bank = $7000
Simple interest offered at first bank = 6%
Simple interest offered at city bank = 6.5%
Calculation:
Let P(x,y) be the maximum interest function. The maximum interest is as follows:
P(x,y)=0.06x+0.065y .
The inequalities derived from the given information are as follows:
x≤750001000≤y≤7000x+y≤11000
Use a graphing calculator to plot the inequalities as shown below.
The vertices are (0,1000),(7500,1000),(7500,3500),(4000,7000) and (0,7000) . Now test each vertex as shown below.
P(0,1000)=0.06(0)+0.065(1000)=$65P(7500,1000)=0.06(7500)+0.065(1000)=$515P(7500,3500)=0.06(7500)+0.065(3500)=$677.50P(4000,7000)=0.06(4000)+0.065(7000)=$695P(0,7000)=0.06(0)+0.065(7000)=$455
Thus, the maximum amount that should be deposited into first bank and city bank account in order to earn more interest possible in one year is $ 4000 and $ 7000 respectively.
Chapter 2 Solutions
Advanced Mathematical Concepts: Precalculus with Applications, Student Edition
Ch. 2.1 - Prob. 1CFUCh. 2.1 - Prob. 2CFUCh. 2.1 - Prob. 3CFUCh. 2.1 - Prob. 4CFUCh. 2.1 - Prob. 5CFUCh. 2.1 - Prob. 6CFUCh. 2.1 - Prob. 7CFUCh. 2.1 - Prob. 8CFUCh. 2.1 - Prob. 9CFUCh. 2.1 - Prob. 10CFU
Ch. 2.1 - Prob. 11ECh. 2.1 - Prob. 12ECh. 2.1 - Prob. 13ECh. 2.1 - Prob. 14ECh. 2.1 - Prob. 15ECh. 2.1 - Prob. 16ECh. 2.1 - Prob. 17ECh. 2.1 - Prob. 18ECh. 2.1 - Prob. 19ECh. 2.1 - Prob. 20ECh. 2.1 - Prob. 21ECh. 2.1 - Prob. 22ECh. 2.1 - Prob. 23ECh. 2.1 - Prob. 24ECh. 2.1 - Prob. 25ECh. 2.1 - Prob. 26ECh. 2.1 - Prob. 27ECh. 2.1 - Prob. 28ECh. 2.1 - Prob. 29ECh. 2.1 - Prob. 30ECh. 2.1 - Prob. 31ECh. 2.1 - Prob. 32ECh. 2.1 - Prob. 33ECh. 2.1 - Prob. 34ECh. 2.1 - Prob. 35ECh. 2.1 - Prob. 36ECh. 2.1 - Prob. 37ECh. 2.1 - Prob. 38ECh. 2.1 - Prob. 39ECh. 2.1 - Prob. 40ECh. 2.1 - Prob. 41ECh. 2.1 - Prob. 42ECh. 2.1 - Prob. 43ECh. 2.1 - Prob. 44ECh. 2.1 - Prob. 45ECh. 2.2 - Prob. 1CFUCh. 2.2 - Prob. 2CFUCh. 2.2 - Prob. 3CFUCh. 2.2 - Prob. 4CFUCh. 2.2 - Prob. 5CFUCh. 2.2 - Prob. 6CFUCh. 2.2 - Prob. 7CFUCh. 2.2 - Prob. 8ECh. 2.2 - Prob. 9ECh. 2.2 - Prob. 10ECh. 2.2 - Prob. 11ECh. 2.2 - Prob. 12ECh. 2.2 - Prob. 13ECh. 2.2 - Prob. 14ECh. 2.2 - Prob. 15ECh. 2.2 - Prob. 16ECh. 2.2 - Prob. 17ECh. 2.2 - Prob. 18ECh. 2.2 - Prob. 19ECh. 2.2 - Prob. 20ECh. 2.2 - Prob. 21ECh. 2.2 - Prob. 22ECh. 2.2 - Prob. 23ECh. 2.2 - Prob. 24ECh. 2.2 - Prob. 25ECh. 2.2 - Prob. 26ECh. 2.2 - Prob. 27ECh. 2.2 - Prob. 28ECh. 2.2 - Prob. 29ECh. 2.3 - Prob. 1CFUCh. 2.3 - Prob. 2CFUCh. 2.3 - Prob. 3CFUCh. 2.3 - Prob. 4CFUCh. 2.3 - Prob. 5CFUCh. 2.3 - Prob. 6CFUCh. 2.3 - Prob. 7CFUCh. 2.3 - Prob. 8CFUCh. 2.3 - Prob. 9CFUCh. 2.3 - Prob. 10CFUCh. 2.3 - Prob. 11CFUCh. 2.3 - Prob. 12CFUCh. 2.3 - Prob. 13CFUCh. 2.3 - Prob. 14CFUCh. 2.3 - Prob. 15ECh. 2.3 - Prob. 16ECh. 2.3 - Prob. 17ECh. 2.3 - Prob. 18ECh. 2.3 - Prob. 19ECh. 2.3 - Prob. 20ECh. 2.3 - Prob. 21ECh. 2.3 - Prob. 22ECh. 2.3 - Prob. 23ECh. 2.3 - Prob. 24ECh. 2.3 - Prob. 25ECh. 2.3 - Prob. 26ECh. 2.3 - Prob. 27ECh. 2.3 - Prob. 28ECh. 2.3 - Prob. 29ECh. 2.3 - Prob. 30ECh. 2.3 - Prob. 31ECh. 2.3 - Prob. 32ECh. 2.3 - Prob. 33ECh. 2.3 - Prob. 34ECh. 2.3 - Prob. 35ECh. 2.3 - Prob. 36ECh. 2.3 - Prob. 37ECh. 2.3 - Prob. 38ECh. 2.3 - Prob. 39ECh. 2.3 - Prob. 40ECh. 2.3 - Prob. 41ECh. 2.3 - Prob. 42ECh. 2.3 - Prob. 43ECh. 2.3 - Prob. 44ECh. 2.3 - Prob. 45ECh. 2.3 - Prob. 46ECh. 2.3 - Prob. 47ECh. 2.3 - Prob. 48ECh. 2.3 - Prob. 49ECh. 2.3 - Prob. 50ECh. 2.3 - Prob. 51ECh. 2.3 - Prob. 52ECh. 2.3 - Prob. 53ECh. 2.3 - Prob. 54ECh. 2.3 - Prob. 55ECh. 2.3 - Prob. 56ECh. 2.3 - Prob. 57ECh. 2.3 - Prob. 58ECh. 2.3 - Prob. 59ECh. 2.3 - Prob. 60ECh. 2.3 - Prob. 61ECh. 2.3 - Prob. 62ECh. 2.3 - Prob. 63ECh. 2.3 - Prob. 64ECh. 2.4A - Prob. 1GCECh. 2.4A - Prob. 2GCECh. 2.4A - Prob. 3GCECh. 2.4A - Prob. 4GCECh. 2.4A - Prob. 1MCQCh. 2.4A - Prob. 2MCQCh. 2.4A - Prob. 3MCQCh. 2.4A - Prob. 4MCQCh. 2.4A - Prob. 5MCQCh. 2.4A - Prob. 6MCQCh. 2.4A - Prob. 7MCQCh. 2.4A - Prob. 8MCQCh. 2.4A - Prob. 9MCQCh. 2.4A - Prob. 10MCQCh. 2.4 - Prob. 1CFUCh. 2.4 - Prob. 2CFUCh. 2.4 - Prob. 3CFUCh. 2.4 - Prob. 4CFUCh. 2.4 - Prob. 5CFUCh. 2.4 - Prob. 6CFUCh. 2.4 - Prob. 7CFUCh. 2.4 - Prob. 8CFUCh. 2.4 - Prob. 9CFUCh. 2.4 - Prob. 10CFUCh. 2.4 - Prob. 11ECh. 2.4 - Prob. 12ECh. 2.4 - Prob. 13ECh. 2.4 - Prob. 14ECh. 2.4 - Prob. 15ECh. 2.4 - Prob. 16ECh. 2.4 - Prob. 17ECh. 2.4 - Prob. 18ECh. 2.4 - Prob. 19ECh. 2.4 - Prob. 20ECh. 2.4 - Prob. 21ECh. 2.4 - Prob. 22ECh. 2.4 - Prob. 23ECh. 2.4 - Prob. 24ECh. 2.4 - Prob. 25ECh. 2.4 - Prob. 26ECh. 2.4 - Prob. 27ECh. 2.4 - Prob. 28ECh. 2.4 - Prob. 29ECh. 2.4 - Prob. 30ECh. 2.4 - Prob. 31ECh. 2.4 - Prob. 32ECh. 2.4 - Prob. 33ECh. 2.4 - Prob. 34ECh. 2.4 - Prob. 35ECh. 2.4 - Prob. 36ECh. 2.4 - Prob. 37ECh. 2.4 - Prob. 38ECh. 2.4 - Prob. 39ECh. 2.4 - Prob. 40ECh. 2.4 - Prob. 41ECh. 2.4 - Prob. 42ECh. 2.5 - Prob. 1CFUCh. 2.5 - Prob. 2CFUCh. 2.5 - Prob. 3CFUCh. 2.5 - Prob. 4CFUCh. 2.5 - Prob. 5CFUCh. 2.5 - Prob. 6CFUCh. 2.5 - Prob. 7CFUCh. 2.5 - Prob. 8CFUCh. 2.5 - Prob. 9CFUCh. 2.5 - Prob. 10CFUCh. 2.5 - Prob. 11CFUCh. 2.5 - Prob. 12CFUCh. 2.5 - Prob. 13CFUCh. 2.5 - Prob. 14ECh. 2.5 - Prob. 15ECh. 2.5 - Prob. 16ECh. 2.5 - Prob. 17ECh. 2.5 - Prob. 18ECh. 2.5 - Prob. 19ECh. 2.5 - Prob. 20ECh. 2.5 - Prob. 21ECh. 2.5 - Prob. 22ECh. 2.5 - Prob. 23ECh. 2.5 - Prob. 24ECh. 2.5 - Prob. 25ECh. 2.5 - Prob. 26ECh. 2.5 - Prob. 27ECh. 2.5 - Prob. 28ECh. 2.5 - Prob. 29ECh. 2.5 - Prob. 30ECh. 2.5 - Prob. 31ECh. 2.5 - Prob. 32ECh. 2.5 - Prob. 33ECh. 2.5 - Prob. 34ECh. 2.5 - Prob. 35ECh. 2.5 - Prob. 36ECh. 2.5 - Prob. 37ECh. 2.5 - Prob. 38ECh. 2.5 - Prob. 39ECh. 2.5 - Prob. 40ECh. 2.5 - Prob. 41ECh. 2.5 - Prob. 42ECh. 2.5 - Prob. 43ECh. 2.5 - Prob. 44ECh. 2.5 - Prob. 45ECh. 2.5 - Prob. 46ECh. 2.5 - Prob. 47ECh. 2.5 - Prob. 48ECh. 2.5 - Prob. 49ECh. 2.5 - Prob. 50ECh. 2.5 - Prob. 51ECh. 2.5 - Prob. 52ECh. 2.5 - Prob. 53ECh. 2.5 - Prob. 54ECh. 2.5 - Prob. 55ECh. 2.5 - Prob. 56ECh. 2.5 - Prob. 57ECh. 2.5 - Prob. 58ECh. 2.5 - Prob. 59ECh. 2.5 - Prob. 60ECh. 2.5 - Prob. 61ECh. 2.5 - Prob. 62ECh. 2.5B - Prob. 1GCECh. 2.5B - Prob. 2GCECh. 2.5B - Prob. 3GCECh. 2.5B - Prob. 4GCECh. 2.5B - Prob. 5GCECh. 2.6 - Prob. 1CFUCh. 2.6 - Prob. 2CFUCh. 2.6 - Prob. 3CFUCh. 2.6 - Prob. 4CFUCh. 2.6 - Prob. 5CFUCh. 2.6 - Prob. 6CFUCh. 2.6 - Prob. 7CFUCh. 2.6 - Prob. 8CFUCh. 2.6 - Prob. 9ECh. 2.6 - Prob. 10ECh. 2.6 - Prob. 11ECh. 2.6 - Prob. 12ECh. 2.6 - Prob. 13ECh. 2.6 - Prob. 14ECh. 2.6 - Prob. 15ECh. 2.6 - Prob. 16ECh. 2.6 - Prob. 17ECh. 2.6 - Prob. 18ECh. 2.6 - Prob. 19ECh. 2.6 - Prob. 20ECh. 2.6 - Prob. 21ECh. 2.6 - Prob. 22ECh. 2.6 - Prob. 23ECh. 2.6 - Prob. 24ECh. 2.6 - Prob. 25ECh. 2.6 - Prob. 26ECh. 2.6 - Prob. 27ECh. 2.6 - Prob. 28ECh. 2.6 - Prob. 29ECh. 2.6 - Prob. 30ECh. 2.6 - Prob. 31ECh. 2.6 - Prob. 32ECh. 2.6 - Prob. 33ECh. 2.7 - Prob. 1CFUCh. 2.7 - Prob. 2CFUCh. 2.7 - Prob. 3CFUCh. 2.7 - Prob. 4CFUCh. 2.7 - Prob. 5CFUCh. 2.7 - Prob. 6CFUCh. 2.7 - Prob. 7CFUCh. 2.7 - Prob. 8CFUCh. 2.7 - Prob. 9ECh. 2.7 - Prob. 10ECh. 2.7 - Prob. 11ECh. 2.7 - Prob. 12ECh. 2.7 - Prob. 13ECh. 2.7 - Prob. 14ECh. 2.7 - Prob. 15ECh. 2.7 - Prob. 16ECh. 2.7 - Prob. 17ECh. 2.7 - Prob. 18ECh. 2.7 - Prob. 19ECh. 2.7 - Prob. 20ECh. 2.7 - Prob. 21ECh. 2.7 - Prob. 22ECh. 2.7 - Prob. 23ECh. 2.7 - Prob. 24ECh. 2.7 - Prob. 25ECh. 2.7 - Prob. 26ECh. 2.7 - Prob. 27ECh. 2.7 - Prob. 28ECh. 2 - Prob. 1SGACh. 2 - Prob. 2SGACh. 2 - Prob. 3SGACh. 2 - Prob. 4SGACh. 2 - Prob. 5SGACh. 2 - Prob. 6SGACh. 2 - Prob. 7SGACh. 2 - Prob. 8SGACh. 2 - Prob. 9SGACh. 2 - Prob. 10SGA
Additional Math Textbook Solutions
Find more solutions based on key concepts
Women’s Heights Assume that college women’s heights are approximately Normally distributed with a mean of 65 in...
Introductory Statistics
3. Relative Frequency Distribution Use percentages to construct the relative frequency distribution correspondi...
Elementary Statistics (13th Edition)
CHECK POINT 1 Find a counterexample to show that the statement The product of two two-digit numbers is a three-...
Thinking Mathematically (6th Edition)
The sets to which the number 14 belongs.
Pre-Algebra Student Edition
Find the areas of the surfaces generated by revolving the curves in Exercises 13–23 about the indicated axes. I...
University Calculus: Early Transcendentals (4th Edition)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.Similar questions
- For each graph in Figure 16, determine whether f (1) is larger or smaller than the slope of the secant line between x = 1 and x = 1 + h for h > 0. Explain your reasoningarrow_forwardPoints z1 and z2 are shown on the graph.z1 is at (4 real,6 imaginary), z2 is at (-5 real, 2 imaginary)Part A: Identify the points in standard form and find the distance between them.Part B: Give the complex conjugate of z2 and explain how to find it geometrically.Part C: Find z2 − z1 geometrically and explain your steps.arrow_forwardA polar curve is represented by the equation r1 = 7 + 4cos θ.Part A: What type of limaçon is this curve? Justify your answer using the constants in the equation.Part B: Is the curve symmetrical to the polar axis or the line θ = pi/2 Justify your answer algebraically.Part C: What are the two main differences between the graphs of r1 = 7 + 4cos θ and r2 = 4 + 4cos θ?arrow_forward
- A curve, described by x2 + y2 + 8x = 0, has a point A at (−4, 4) on the curve.Part A: What are the polar coordinates of A? Give an exact answer.Part B: What is the polar form of the equation? What type of polar curve is this?Part C: What is the directed distance when Ø = 5pi/6 Give an exact answer.arrow_forwardNew folder 10. Find the area enclosed by the loop of the curve (1- t², t-t³)arrow_forward1. Graph and find the corresponding Cartesian equation for: t X== y = t +1 2 te(-∞, ∞) 42,369 I APR 27 F5 3 MacBook Air stv A Aa T 4 DIIarrow_forward
- Middle School GP... Echo home (1) Addition and su... Google Docs Netflix Netflix New folder 9. Find the area enclosed by x = sin²t, y = cost and the y-axis.arrow_forward2. Graph and find the corresponding Cartesian equation for: (4 cos 0,9 sin 0) θ ε [0, 2π) 42,369 I APR 27 3 MacBook Air 2 tv A Aaarrow_forward30 Page< 3. Find the equation of the tangent line for x = 1+12, y = 1-3 at t = 2 42,369 APR A 27 M . tv NA 1 TAGN 2 Aa 7 MacBook Air #8arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Calculus: Early TranscendentalsCalculusISBN:9781285741550Author:James StewartPublisher:Cengage Learning
Thomas' Calculus (14th Edition)CalculusISBN:9780134438986Author:Joel R. Hass, Christopher E. Heil, Maurice D. WeirPublisher:PEARSON
Calculus: Early Transcendentals (3rd Edition)CalculusISBN:9780134763644Author:William L. Briggs, Lyle Cochran, Bernard Gillett, Eric SchulzPublisher:PEARSON
Calculus: Early TranscendentalsCalculusISBN:9781319050740Author:Jon Rogawski, Colin Adams, Robert FranzosaPublisher:W. H. Freeman
Calculus: Early Transcendental FunctionsCalculusISBN:9781337552516Author:Ron Larson, Bruce H. EdwardsPublisher:Cengage Learning
Calculus: Early Transcendentals
Calculus
ISBN:9781285741550
Author:James Stewart
Publisher:Cengage Learning
Thomas' Calculus (14th Edition)
Calculus
ISBN:9780134438986
Author:Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:9780134763644
Author:William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:PEARSON
Calculus: Early Transcendentals
Calculus
ISBN:9781319050740
Author:Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:W. H. Freeman
Calculus: Early Transcendental Functions
Calculus
ISBN:9781337552516
Author:Ron Larson, Bruce H. Edwards
Publisher:Cengage Learning
Solve ANY Optimization Problem in 5 Steps w/ Examples. What are they and How do you solve them?; Author: Ace Tutors;https://www.youtube.com/watch?v=BfOSKc_sncg;License: Standard YouTube License, CC-BY
Types of solution in LPP|Basic|Multiple solution|Unbounded|Infeasible|GTU|Special case of LP problem; Author: Mechanical Engineering Management;https://www.youtube.com/watch?v=F-D2WICq8Sk;License: Standard YouTube License, CC-BY
Optimization Problems in Calculus; Author: Professor Dave Explains;https://www.youtube.com/watch?v=q1U6AmIa_uQ;License: Standard YouTube License, CC-BY
Introduction to Optimization; Author: Math with Dr. Claire;https://www.youtube.com/watch?v=YLzgYm2tN8E;License: Standard YouTube License, CC-BY