Find each of the following functions.
f(x)=,
g(x)=
(a)fg
state the domain of the function
(b)gf
state the domain of the function
(c)ff
state the domain of the function
(d) gg
state the domain of the f

The approximate real solution to the equation x^3 - 6x + 2 = 0 lies between -10 and 10 and is approximately x ≈ -0.91.

The correct choice is A).

To find the approximate real solution to the equation x^3 - 6x + 2 = 0, we can use a graphing utility to visualize the equation and identify the x-values where the graph intersects the x-axis. By observing the graph, we can approximate the real solutions.

Upon graphing the equation, we find that there is one real solution that lies between -10 and 10. Using the graphing utility, we can estimate the x-coordinate of the intersection point with the x-axis. This approximate solution is approximately x ≈ -0.91.

Therefore, the approximate real solution to the equation x^3 - 6x + 2 = 0 is x ≈ -0.91. This means that when x is approximately -0.91, the equation is satisfied. It is important to note that this is an approximation and not an exact solution. The use of a graphing utility allows us to estimate the solutions to the equation visually.

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The question that you might get when a university expects a proportion of digital exams to be automatically corrected

Digital exams are graded automatically using special software known as automatic grading software. This software analyzes the exam papers and matches the right answers with the ones given by the student.

The exam software checks the entire exam paper to ensure that the student understands the topic being tested. If the student answers the question correctly, they will earn points. If the student gets the answer wrong, they lose points. The digital exam is graded within a matter of minutes, and students receive their results immediately after the exam.

The use of automatic grading software in universities has become popular because of its accuracy, speed, and efficiency. It saves time and effort, and students can have their grades within a short period.

It also helps reduce the risk of human error, and it is fair to all students because the same standard is used for all exams.

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The leading coefficient of the polynomial is 20 and the degree of the polynomial is 5.

A polynomial is an expression that contains a sum or difference of powers in one or more variables. In the given polynomial, the degree of the polynomial is the highest power of the variable 'u' in the polynomial. The degree of the polynomial is found by arranging the polynomial in descending order of powers of 'u'.

Thus, rearranging the given polynomial in descending order of powers of 'u' yields:20u^(5)-15u^(4)-8u^(2)-5u.The highest power of u is 5. Hence the degree of the polynomial is 5.The leading coefficient is the coefficient of the term with the highest power of the variable 'u' in the polynomial. In the given polynomial, the term with the highest power of 'u' is 20u^(5), and its coefficient is 20. Therefore, the leading coefficient of the polynomial is 20.

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The function that maps each polynomial in S to its derivative is not one-to-one.

To show that it is not one-to-one, we need to demonstrate that there exist two different polynomials in S that map to the same derivative. Consider two polynomials in S: f(x) = x^2 and g(x) = x^2 + 1. The derivatives of both f(x) and g(x) are equal to 2x. Therefore, the function maps both f(x) and g(x) to the same derivative, indicating that it is not one-to-one.

On the other hand, the function is onto. This means that for any polynomial in T (which is a set of polynomials with real coefficients), there exists at least one polynomial in S that maps to it. In this case, for any polynomial g(x) in T, we can find a polynomial f(x) in S such that f'(x) = g(x). We can choose f(x) to be the antiderivative of g(x), which exists since g(x) is a polynomial. Therefore, the function is onto.

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Sheet metal costs $16 per square foot. A square foot is a unit of area commonly used in the measurement of land, buildings, and other surfaces. It is abbreviated as "ft²" or "sq ft".

Given information is,

The contractor bought 12.6 ft2 of sheet metal.

He has used 2.1 ft2 so far and has $168 worth of sheet metal remaining.

The equation 12.6x - 2.1x = 168 represents how much sheet metal is remaining and the cost of the remaining amount.

To find out how much sheet metal costs per square foot, we have to use the formula as follows:

x = (168) / (12.6 - 2.1)x

= 168 / 10.5x

= 16

Therefore, sheet metal costs $16 per square foot.

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the standard normal distribution to calculate probabilities and Z-scores for the sample mean of 36 randomly selected families.

To find the probability that a randomly selected sample of 36 families will have a mean weekly earning:

a) Less than $750:

To solve this, we need to use the Central Limit Theorem. The Central Limit Theorem states that for a large enough sample size, the distribution of the sample means will be approximately normally distributed, regardless of the shape of the population distribution.

In this case, the sample size is 36, which is reasonably large. Therefore, we can use the standard normal distribution to approximate the sampling distribution of the mean.

First, we need to standardize the value $750 using the formula:

Z = (X - μ) / (σ / sqrt(n))

Where:

Z is the standard score (Z-score)

X is the value we want to standardize

μ is the population mean

σ is the population standard deviation

n is the sample size

Substituting the values, we have:

Z = ($750 - $780) / ($145 / sqrt(36))

Z = -30 / ($145 / 6)

Z = -30 / $24.17

Z ≈ -1.24

Next, we need to find the probability associated with the Z-score of -1.24 from the standard normal distribution. We can use a Z-table or statistical software to find this probability.

b) As mentioned earlier, we can use the standard normal distribution in this case because the sample size (36) is large enough for the Central Limit Theorem to apply. The Central Limit Theorem allows us to approximate the sampling distribution of the mean as a normal distribution, regardless of the shape of the population distribution, when the sample size is sufficiently large.

Therefore, we can use the standard normal distribution to calculate probabilities and Z-scores for the sample mean of 36 randomly selected families.

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There were 38 heavy equipment operators and 2 general laborers employed.

To calculate the number of heavy equipment operators, let's assume the number of heavy equipment operators as "x" and the number of general laborers as "y."

The cost of hiring a heavy equipment operator per day is $120, and the cost of hiring a general laborer per day is $93.

We can set up two equations based on the given information:

Equation 1: x + y = 40 (since a total of 40 people were hired)

Equation 2: 120x + 93y = 4746 (since the total payroll was $4746)

To solve these equations, we can use the substitution method.

From Equation 1, we can solve for y:

y = 40 - x

Substituting this into Equation 2:

120x + 93(40 - x) = 4746

120x + 3720 - 93x = 4746

27x = 1026

x = 38

Substituting the value of x back into Equation 1, we can find y:

38 + y = 40

y = 40 - 38

y = 2

Therefore, there were 38 heavy equipment operators and 2 general laborers employed.

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The system capacity is 2 units per minute, the bottleneck stage is Stage A, and the utilization of Stage 3 is 100%.

A line process has three processing stages with the characteristics given below:

Stage A B C Unit processing time(minutes) 1 2 3 Number of machines 1 1 2 Machine availability 90% 100% 100% Process yield at stage 100% 100% 100%

To determine the system capacity and the bottleneck stage and utilization of Stage 3:

The system capacity is calculated by the product of the processing capacity of each stage:

1 x 1 x 2 = 2 units per minute

The bottleneck stage is the stage with the lowest capacity and it is Stage A. Therefore, Stage A has the lowest capacity and determines the system capacity.The utilization of Stage 3 can be calculated as the processing time per unit divided by the available time per unit:

Process time per unit = 1 + 2 + 3 = 6 minutes per unit

Available time per unit = 90% x 100% x 100% = 0.9 x 1 x 1 = 0.9 minutes per unit

The utilization of Stage 3 is, therefore, (6/0.9) x 100% = 666.67%.

However, utilization cannot be greater than 100%, so the actual utilization of Stage 3 is 100%.

Hence, the system capacity is 2 units per minute, the bottleneck stage is Stage A, and the utilization of Stage 3 is 100%.

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a. The point estimate of the difference between the two population means is 10.

b. The 90% confidence interval for the difference between the two population means is (8.104, 11.896).

b. The 95% confidence interval for the difference between the two population means is (7.742, 12.258).

a. Point estimate of the difference between the two population means:

Point estimate = Sample 1 mean - Sample 2 mean

Point estimate = 40 - 30

Point estimate = 10

b. Confidence interval = Point estimate ± (Critical value) × (Standard error)

The critical value for a 90% confidence interval (two-tailed test) is approximately 1.645.

Standard error = sqrt((σ₁²/n₁) + (σ₂²/n₂))

Let's assume the sample sizes for Sample 1 and Sample 2 are n₁ = 7 and n₂ = 5.

Standard error = sqrt((2.2²/7) + (3.5²/5))

Standard error ≈ 1.152

Confidence interval = 10 ± (1.645 × 1.152)

Confidence interval ≈ 10 ± 1.896

Confidence interval ≈ (8.104, 11.896)

c. 95% confidence interval for the difference between the two population means:

The critical value for a 95% confidence interval (two-tailed test) is 1.96.

Confidence interval = 10 ± (1.96 × 1.152)

Confidence interval ≈ 10 ± 2.258

Confidence interval ≈ (7.742, 12.258)

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The leading term of the polynomial p(x) = 20 + 2x² - 8x³ is -8x³, the limit of p(x) as x approaches infinity is also negative infinity and the limit of p(x) as x approaches -0 is positive infinity.

(A) The leading term of the polynomial p(x) = 20 + 2x² - 8x³ is -8x³.

(B) To find the limit of the polynomial as x approaches infinity (∞), we examine the leading term. Since the leading term is -8x³, as x becomes larger and larger, the term dominates the other terms. Therefore, the limit of p(x) as x approaches infinity is also negative infinity.

(C) To find the limit of the polynomial as x approaches -0 (approaching 0 from the left), we again look at the leading term. As x approaches -0, the term -8x³ dominates the other terms, and since x is negative, the term becomes positive. Therefore, the limit of p(x) as x approaches -0 is positive infinity.

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The range of possible values that correlation coefficient, r, between two quantitative variables can have is d. A value from -1 to 1 (inclusive).

A correlation coefficient is a mathematical measure of the degree to which changes in one variable predict changes in another variable. This statistic is used in the field of statistics to measure the strength of a relationship between two variables. The value of the correlation coefficient, r, always lies between -1 and 1 (inclusive).

A correlation coefficient of 1 means that there is a perfect positive relationship between the two variables. A correlation coefficient of -1 means that there is a perfect negative relationship between the two variables. Finally, a correlation coefficient of 0 means that there is no relationship between the two variables.

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Malcolm's reasoning is correct because when comparing 8/11 and 7/10 using cross-multiplication, we find that 8/11 is indeed greater than 7/10.

Malcolm's reasoning is correct. To compare fractions, we can cross-multiply and compare the products. In this case, when we cross-multiply 8/11 and 7/10, we get 80/110 and 77/110, respectively. Since 80/110 is greater than 77/110, we can conclude that 8/11 is indeed greater than 7/10.

Two examples that further illustrate this are:

These examples demonstrate that cross-multiplication can be used to compare fractions, supporting Malcolm's reasoning that 8/11 is greater than 7/10.

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Given the function f(x) = 1/x, which is compressed vertically by a factor of 1/3 and then translated 3 units up.

To find the transformed function g(x), we need to apply the transformations to f(x) one by one.

Step 1: Vertical compression of factor 1/3This compression will cause the graph to shrink vertically by a factor of 1/3. This means the y-values will be one-third of their original values, while the x-values remain the same. We can achieve this by multiplying the function by 1/3. Therefore, the function will now be g(x) = (1/3) * f(x)

Step 2: Translation of 3 units upThis translation will move the graph 3 units up along the y-axis. This means that we need to add 3 to the function g(x) that we got from the previous step.

The transformed function g(x) will be:g(x) = (1/3) * f(x) + 3 Substituting f(x) = 1/x, we getg(x) = (1/3) * (1/x) + 3g(x) = 1/(3x) + 3Hence, the transformed function g(x) is g(x) = 1/(3x) + 3.

The graph of the function g(x) is compressed vertically by a factor of 1/3 and then translated 3 units up.

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The deli manager should anticipate selling approximately 172 sandwiches when 178 customers visit the deli.

To approximate the number of sandwiches the deli manager should anticipate selling when 178 customers visit the deli, we can use the given data to estimate the linear relationship between the number of customers and the number of sandwiches sold.

We can start by calculating the average number of sandwiches sold per customer based on the data provided:

Total number of customers = 104 + 70 + 111 + 74 + 170 + 114 + 199 + 133 + 163 + 109 + 131 + 90 = 1558

Total number of sandwiches sold = Sum of sandwich data = 104 + 70 + 111 + 74 + 170 + 114 + 199 + 133 + 163 + 109 + 131 + 90 = 1498

Average sandwiches per customer = Total number of sandwiches sold / Total number of customers = 1498 / 1558 ≈ 0.961

Now, we can estimate the number of sandwiches for 178 customers by multiplying the average sandwiches per customer by the number of customers:

Number of sandwiches ≈ Average sandwiches per customer × Number of customers

Number of sandwiches ≈ 0.961 × 178 ≈ 172.358

Therefore, the deli manager should anticipate selling approximately 172 sandwiches when 178 customers visit the deli.

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a. The function for Above the Bored's monthly profit is P(x) = $226x.

b. Above the Bored will have a net profit of $39,098.

c. Above the Bored needs to sell a minimum of 1 wakeboard in a month to break even.

(a) To find the function P(x) for Above the Bored's monthly profit, we need to subtract the cost of producing x wakeboards from the revenue generated by selling x wakeboards.

Revenue = Selling price per wakeboard * Number of wakeboards sold

Revenue = $480 * x

Cost = Cost per wakeboard * Number of wakeboards produced

Cost = $254 * x

Profit = Revenue - Cost

P(x) = $480x - $254x

P(x) = $226x

Therefore, the function for Above the Bored's monthly profit is P(x) = $226x.

(b) If Above the Bored produces and sells 173 wakeboards in a month, we can substitute x = 173 into the profit function to find the net profit:

P(173) = $226 * 173

P(173) = $39,098

Therefore, for that month, Above the Bored will have a net profit of $39,098.

(c) To break even, Above the Bored needs to have a profit of $0. In other words, the revenue generated must equal the cost incurred.

Setting P(x) = 0, we can solve for x:

$226x = 0

x = 0

Since the number of wakeboards cannot be zero (as it is not possible to sell no wakeboards), the minimum number of wakeboards Above the Bored needs to sell in a month to break even is 1.

Therefore, Above the Bored needs to sell a minimum of 1 wakeboard in a month to break even.

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A recursive definition of a function cwi (I0) that returns a set of companies that have at least one investor in set I0 is provided below in pseudocode. The base case is when there is only one investor in the set I0.

The base case involves finding the companies that the investor owns and returns the set of companies.The recursive case is when there are more than one investors in the set I0. The recursive case divides the set of investors into two halves and finds the set of companies owned by the first half and the second half of the investors.

The recursive case then returns the intersection of these two sets of def cwi(I0):

companies.pseudocode:

   if len(I0) == 1:

       i = I0[0]

       return [c for (j, c, n) in ICN if j == i and n > 0]

   else:

       m = len(I0) // 2

       I1 = I0[:m]

       I2 = I0[m:]

       c1 = cwi(I1)

       c2 = cwi(I2)

       return list(set(c1) & set(c2))

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Probability is a measure or quantification of the likelihood of an event occurring. The probability of phone calls involving fax messages can be modelled by the binomial distribution, with n = 25 and p = 0.20

(a) Expected number of calls among the 25 that involve a fax message expected value of a binomial distribution with n number of trials and probability of success p is given by the formula;`

E(X) = np`

Substituting n = 25 and p = 0.20 in the above formula gives;`

E(X) = 25 × 0.20`

E(X) = 5

So, the expected number of calls among the 25 that involve a fax message is 5.

(b) The standard deviation of the number among the 25 calls that involve a fax messageThe standard deviation of a binomial distribution with n number of trials and probability of success p is given by the formula;`

σ_X = √np(1-p)`

Substituting n = 25 and p = 0.20 in the above formula gives;`

σ_X = √25 × 0.20(1-0.20)`

σ_X = 1.936

Rounding the value to three decimal places gives;

σ_X ≈ 1.936

So, the standard deviation of the number among the 25 calls that involve a fax message is approximately 1.936.

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Based on the unit price, the first bag is the better buy as it offers a lower price per kilogram of dog food.

To find the unit price, we divide the total price of the bag by its weight.

For the first bag:

Unit price = Total price / Weight

= $12.53 / 7.03 kg

≈ $1.78/kg

For the second bag:

Unit price = Total price / Weight

= $14.64 / 7.98 kg

≈ $1.84/kg

To determine which bag is the better buy based on the unit price, we look for the lower unit price.

Comparing the unit prices, we can see that the first bag has a lower unit price ($1.78/kg) compared to the second bag ($1.84/kg).

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(a) The solution to the differential equation is y = (3/2)(sin(2x)/|x|) + C/|x|, where C is a constant.

(b) The solution to the differential equation is y = ((x^2 - 2x + 2)e^x + C)/x^3, where C is a constant.

(a) To solve the differential equation y' + (1/x)y = 3cos(2x), we can use the method of integrating factors. The integrating factor is given by μ(x) = e^(∫(1/x)dx) = e^(ln|x|) = |x|. Multiplying both sides of the equation by |x|, we have |x|y' + y = 3xcos(2x). Now, we can rewrite the left side as (|x|y)' = 3xcos(2x). Integrating both sides with respect to x, we get |x|y = ∫(3xcos(2x))dx. Evaluating the integral and simplifying, we obtain |x|y = (3/2)sin(2x) + C, where C is the constant of integration. Dividing both sides by |x|, we finally have y = (3/2)(sin(2x)/|x|) + C/|x|.

(b) To solve the differential equation xy' + 2y = e^x, we can use the method of integrating factors. The integrating factor is given by μ(x) = e^(∫(2/x)dx) = e^(2ln|x|) = |x|^2. Multiplying both sides of the equation by |x|^2, we have x^3y' + 2x^2y = x^2e^x. Now, we can rewrite the left side as (x^3y)' = x^2e^x. Integrating both sides with respect to x, we get x^3y = ∫(x^2e^x)dx. Evaluating the integral and simplifying, we obtain x^3y = (x^2 - 2x + 2)e^x + C, where C is the constant of integration. Dividing both sides by x^3, we finally have y = ((x^2 - 2x + 2)e^x + C)/x^3.

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Answer:

True

Step-by-step explanation:

Price per candy=total price/quantity

price per candy=2.40/15

2.4/15=.8/5=4/25=0.16

Thus its true

Any quantity more than 32,500 units cannot be sold no matter how low the price is.

a. To determine the price at which 31,500 units of the commodity can be sold, substitute q = 31,500 in the given demand functionp = −0.001q + 32.5p = −0.001(31,500) + 32.5p = 0.5Hence, 31,500 units of the commodity can be sold at $0.5.b. To find the quantities so large that all units of the commodity cannot be sold no matter how low the price, we need to find the quantity demanded when the price is zero. For this, substitute p = 0 in the demand function.p = −0.001q + 32.50 = −0.001q + 32.5 ⇒ 0.001q = 32.5 ⇒ q = 32,500Therefore, any quantity more than 32,500 units cannot be sold no matter how low the price is.

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a) The expected sum of 10 rolls on an 8-sided die is 45.

b) The standard deviation for the sum of 10 rolls is approximately 0.906.

c) The probability that the sum is greater than 150 is 0, as the maximum possible sum is 80.

a) To calculate the expected sum of the 10 rolls, we can use the following formula:

Expected value of the sum of the 10 rolls = E(10X) = 10 * E(X) = 10 * 4.5 = 45

So, the expected sum of the 10 rolls is 45.

b) To calculate the standard deviation for the sum of the 10 rolls, we can use the following formula:

σ² = npq

where n = 10, p = probability of getting any number on one roll of an 8-sided die = 1/8, q = probability of not getting any number on one roll of an 8-sided die = 7/8

Therefore,

σ² = 10 * (1/8) * (7/8) = 0.8203125

Thus, the standard deviation for the sum of the 10 rolls is given by:

σ = √0.8203125 = 0.90554 (approx)

Hence, the standard deviation for the sum of the 10 rolls is 0.90554 (approx).

c) Now, we need to find the probability that the sum is greater than 150. Since the die is an 8-sided one, the maximum sum we can get in a single roll is 8. Hence, the maximum sum we can get in 10 rolls is 8 * 10 = 80. Since 150 is greater than 80, P(sum > 150) = 0.

Therefore, the probability that the sum is greater than 150 is 0. Answer: 0.

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The average of the set  {M, M₁, M₂} is  (M + M₁ + M₂)/3

Remember that if we have a set of elements, to find the average of said set we just need to add all the elements and then divide the sum by the number of elements.

Here we want to find the average of the set {M, M₁, M₂}

So we have 3 elements, the average will just be:

Average = (M + M₁ + M₂)/3

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The correct answer is HSD = 2.81. To determine which Tukey Honestly Significant Difference (HSD) value should be used, we need to calculate the critical value based on the significance level and the degrees of freedom.

In this case, the significance level (alpha) is 0.05. The degrees of freedom between treatments (dfbetween) is 3, and the mean square error (MSE) can be calculated by dividing the sum of squares within treatments (SSwithin) by the degrees of freedom within treatments (dfwithin), which is n - dfbetween.

dfwithin = n - dfbetween = 18 - 3 = 15

MSE = SSwithin / dfwithin = 28 / 15 ≈ 1.867

To calculate the HSD value, we use the formula:

HSD = q * sqrt(MSE / n)

The critical value q can be obtained from the Studentized Range Distribution table for the given degrees of freedom between treatments (3) and degrees of freedom within treatments (15) at the desired significance level (alpha = 0.05).

After consulting the table, we find that the critical value for q is approximately 2.81.

Now we can calculate the HSD value:

HSD = 2.81 * sqrt(1.867 / 18) ≈ 1.219

Therefore, the correct answer is HSD = 2.81.

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The joint PDF of X2 and X3 is constant within the region 0 < X2 < 1 and 0 < X3 < 1, and zero elsewhere.

To compute the sampling distribution of X2 and X3, we need to find the joint probability density function (PDF) of these two random variables.

Since X1, X2, and Xn are uniformly distributed on the interval (0, 1), their joint PDF is given by:

f(x1, x2, ..., xn) = 1, if 0 < xi < 1 for all i, and 0 otherwise

To find the joint PDF of X2 and X3, we need to integrate this joint PDF over all possible values of X1 and X4 through Xn. Since X1 does not appear in the joint PDF of X2 and X3, we can integrate it out as follows:

f(x2, x3) = ∫∫ f(x1, x2, x3, x4, ..., xn) dx1dx4...dxn

= ∫∫ 1 dx1dx4...dxn

= ∫0¹ ∫0¹ 1 dx1dx4

= 1

Therefore, the joint PDF of X2 and X3 is constant within the region 0 < X2 < 1 and 0 < X3 < 1, and zero elsewhere. This implies that X2 and X3 are independent and identically distributed (i.i.d.) random variables with a uniform distribution on (0, 1).

In other words, the sampling distribution of X2 and X3 is also a uniform distribution on the interval (0, 1).

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This means that the average cost of selected automobiles has increased by 16% between the two years.

Given data: The average cost of selected automobiles in 2019 = $15,000

The average cost of selected automobiles now (current year) = $17,400

Let's calculate the rate of increase in the average cost of the automobile between the two years.

To find the rate of increase, use the following formula;
rate of increase = increase in value / original value * 100

To get the increase in the value of selected automobiles, subtract the current year's average cost of selected automobiles from the previous year's average cost of selected automobiles.

i.e. increase in value = current year's average cost - previous year's average cost

= $17,400 - $15,000

= $2,400

Now put the values in the formula to get the rate of increase;

rate of increase = increase in value / original value * 100

= 2400 / 15000 * 100

= 16

Therefore, the rate of increase for selected automobiles between the two time periods is 16%.

It's essential to note the rate of increase or decrease in the value of products or services. It helps in decision making, future predictions, etc.

The above question deals with finding the rate of increase in the cost of selected automobiles. To get the rate of increase, the formula rate of increase = increase in value / original value * 100 is used.

To get the increase in the value of selected automobiles, subtract the current year's average cost of selected automobiles from the previous year's average cost of selected automobiles. i.e. increase in value = current year's average cost - previous year's average cost.

The value of selected automobiles was $15,000 in 2019, and now it is $17,400.

Now, the rate of increase in the average cost of automobiles can be found using the formula rate of increase = increase in value / original value * 100.

Put the values in the formula to get the rate of increase.

Therefore, the rate of increase for selected automobiles between the two time periods is 16%.

It indicates that if a person had bought an automobile in 2019 for $15,000, he has to pay $17,400 for the same automobile now.

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The mapping (d) is not a function

Other mappings are functions

From the question, we have the following parameters that can be used in our computation:

The mappings

The rule of a mapping or relation is that

using the above as a guide, we have the following:

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The SAA (Side-Angle-Angle) criterion is not a triangle similarity theorem.

Triangle similarity theorems are used to determine if two triangles are similar. Similar triangles have corresponding angles that are equal and corresponding sides that are proportional.  There are three main triangle similarity theorems:  AA (Angle-Angle) Criterion.

SSS (Side-Side-Side) Criterion: If the lengths of the corresponding sides of two triangles are proportional, then the triangles are similar. SAS (Side-Angle-Side) Criterion.

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Answer:

Step-by-step explanation:

The answer ic C plug log into th calculator

1. The present value of the security is approximately $7,224.45.

2. The annual interest rate they must earn is approximately 14.75%.

3. The present value of the investment is approximately $825.05 and the future value is approximately $1,319.41.

4. The most expensive car they can afford if financed for 48 months is approximately $21,875.88 and if financed for 60 months is approximately $25,951.46.

1. To calculate the present value of a security that will pay $14,000 in 20 years with an annual interest rate of 3%, we can use the formula for present value:

Present Value = [tex]\[\frac{{\text{{Future Value}}}}{{(1 + \text{{Interest Rate}})^{\text{{Number of Periods}}}}}\][/tex]

Present Value = [tex]\[\frac{\$14,000}{{(1 + 0.03)^{20}}} = \$7,224.45\][/tex]

Therefore, the present value of the security is approximately $7,224.45.

2. To determine the annual interest rate your parents must earn to reach a retirement goal of $1,300,000 in 19 years, we can use the formula for compound interest:

Future Value =[tex]\[\text{{Present Value}} \times (1 + \text{{Interest Rate}})^{\text{{Number of Periods}}}\][/tex]

$1,300,000 = [tex]\[\$260,000 \times (1 + \text{{Interest Rate}})^{19}\][/tex]

[tex]\[(1 + \text{{Interest Rate}})^{19} = \frac{\$1,300,000}{\$260,000}\][/tex]

[tex]\[(1 + \text{{Interest Rate}})^{19} = 5\][/tex]

Taking the 19th root of both sides:

[tex]\[1 + \text{{Interest Rate}} = 5^{\frac{1}{19}}\]\\\\\[\text{{Interest Rate}} = 5^{\frac{1}{19}} - 1\][/tex]

Interest Rate ≈ 0.1475

Therefore, your parents must earn an annual interest rate of approximately 14.75% to reach their retirement goal.

3. To calculate the present value and future value of the investment with different cash flows and a 12% annual interest rate, we can use the present value and future value formulas:

Present Value = [tex]\[\frac{{\text{{Cash Flow}}_1}}{{(1 + \text{{Interest Rate}})^1}} + \frac{{\text{{Cash Flow}}_2}}{{(1 + \text{{Interest Rate}})^2}} + \ldots + \frac{{\text{{Cash Flow}}_N}}{{(1 + \text{{Interest Rate}})^N}}\][/tex]

Future Value = [tex]\text{{Cash Flow}}_1 \times (1 + \text{{Interest Rate}})^N + \text{{Cash Flow}}_2 \times (1 + \text{{Interest Rate}})^{N-1} + \ldots + \text{{Cash Flow}}_N \times (1 + \text{{Interest Rate}})^1[/tex]

Using the given cash flows and interest rate:

Present Value = [tex]\[\frac{{150}}{{(1 + 0.12)^1}} + \frac{{150}}{{(1 + 0.12)^2}} + \frac{{150}}{{(1 + 0.12)^3}} + \frac{{250}}{{(1 + 0.12)^4}} + \frac{{350}}{{(1 + 0.12)^5}} + \frac{{500}}{{(1 + 0.12)^6}} \approx 825.05\][/tex]

Future Value = [tex]\[\$150 \times (1 + 0.12)^3 + \$250 \times (1 + 0.12)^2 + \$350 \times (1 + 0.12)^1 + \$500 \approx \$1,319.41\][/tex]

Therefore, the present value of the investment is approximately $825.05, and the future value is approximately $1,319.41.

4. To determine the maximum car price that can be afforded with a $5,000 down payment and monthly payments of $300, we need to consider the loan amount, interest rate, and loan term.

For a 48-month loan:

Loan Amount = $5,000 + ($300 [tex]\times[/tex] 48) = $5,000 + $14,400 = $19,400

Using an APR of 9% and end-of-month payments, we can calculate the maximum car price using a loan calculator or financial formula. Assuming an ordinary annuity, the maximum car price is approximately $21,875.88.

For a 60-month loan:

Loan Amount = $5,000 + ($300 [tex]\times[/tex] 60) = $5,000 + $18,000 = $23,000

Using the same APR of 9% and end-of-month payments, the maximum car price is approximately $25,951.46.

Therefore, with a 48-month loan, the most expensive car that can be afforded is approximately $21,875.88, and with a 60-month loan, the most expensive car that can be afforded is approximately $25,951.46.

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