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- Reminder Round all answer to two decimal places unless otherwise indicated. Real Estate Sales A real estate agency has fixed monthly costs associated with rent, staff salaries, utilities, and supplies. It earns its money by taking a percentage commission on total real estate sales. During the month of July, the agency had total sales of 832,000 and showed a net income after paying fixed costs of 15,704. In August, total sales were 326,000 with a net income of only 532. a. Use a formula to express net income as a linear function of total sales. Be sure to identify what the letters that you use mean. b. Plot the graph of net income and identify the slope and vertical intercept. c. What are the real estate agencys fixed monthly costs? d. What percentage commission does the agency take on the sale of a home? e. Find the horizontal intercept and explain what this number means to the real estate agency.arrow_forwardReminder Round all answers to two decimal places unless otherwise indicated. The Fukushima Disaster On March 11, 2011, Japan suffered an earthquake and tsunami that caused a disastrous accident at the Fukushima nuclear power plant. Among many other results, amounts of iodine-131 that were 27 times the government limit were found in a sample of spinach 60 miles away?' Now, 27 times the government limit of iodine-131 is 54 thousand becquerels per kilogram." The following table shows the amount I, in thousands of becquerels per kilogram, of iodine-131 that would remain after t days. t=time,indays I=amountofiodine-131 0 54.00 1 49.52 2 45.41 3 41.64 4 38.18 a. Show that the data are exponential. In this part and the next, round to three decimal places b. Find an exponential model that shows the amount of iodine-131 present after t days. c. How long will it take for the amount of iodine-131 to fall to the government limit of 2 thousand becquerels per kilogram? Round your answer to the nearest whole day.arrow_forwardReminder Round all answers to two decimal places unless otherwise indicated. State QuakesThe largest recorded earthquake centered in Idaho measured 7.2 on the Richter scale. a. The largest recorded earthquake centered in Montana was 3.16 times as powerful as the Idaho earthquake. What was the Richter scale reading for the Montana earthquake? b. The largest recorded earthquake centered in Arizona measured 5.6 on the Richter scale. How did the power of the Idaho quake compare with that of the Arizona quake?arrow_forward
- Reminder Round all answers to two decimal places unless otherwise indicated. Competition Between Populations In this exercise, we consider the problem of competition between two populations that vie for resources but do not prey on each other. Let m be the size of the first population, let n be the size of the second both measured in thousands of animals, and assume that the populations coexist eventually. An example of one common model for the intersection is Per capita growth rate for m is 3(1mn) Per capita growth rate for n is 2(10.7m1.1n) At an equilibrium point, the per capita growth rates for m and for n are both zero. If the populations reach such a point, then they will continue at that size indefinitely. Find the equilibrium point in the example above.arrow_forwardReminder Round all answers to two decimal places unless otherwise indicated. Quarterly Pine Pulpwood PricesIn southwest Georgia, the average pine pulpwood prices vary predictably over the course of the year, primarily because of weather. Prices in 2009 followed this pattern. At the beginning of the first quarter, the average price P was 9 per ton. During the first quarter, prices declined steadily to 8 per ton, then remained steady at 8 per ton through the end of the third quarter. During the fourth quarter, prices increased steadily from 8 to 10 per ton. a.Sketch a graph of pulpwood prices as a function of the quarter in the year. b.What formula for price P as a function of t, the quarter, describes the price from the beginning of the year through the first quarter? c.What formula for price P as a function of t, the quarter, describes the price from the first to the third quarter? d.What formula for price P as a function of t, the quarter, describes the price from the third to the fourth quarter? e.Write a formula for price P throughout the year as a piecewise-defined function of t, the quarter.arrow_forwardReminder Round all answers to two decimal places unless otherwise indicated. Ship Propellers An ideal diameter d, in feet, of a ships propeller is given by the formula d=ch1/5r3/5. Here h is the horsepower of the engine driving the propeller. r is the maximum number of revolutions per minute of the propeller, and c is a constant. In both parts, give your answer in terms of a percentage. a. If the horsepower is increased by 20 while the number of revolutions per minute remains the same, how is the propeller diameter affected? b. If the horsepower remains the same while the number of revolutions per minute is increased by 20, how is the propeller diameter affected?arrow_forward
- Reminder Round all answers to two decimal places unless otherwise indicated. Recent EarthquakesOn April 25, 2015, an earthquake of magnitude 7.8 on the Richter scale struck Nepal. On May 12, 2015, a major aftershock of magnitude 7.3 on the Richter scale shook the same region. a. How did the power of the first earthquake and this aftershock compare? b. What would be the magnitude of a quake twice as powerful as the first quake?arrow_forwardReminderRound all answers to two decimal places unless otherwise indicated. InflationDuring a period of high inflation, a political leader was up for re-election. Inflation had been increasing during his administration, but he announced that the rate of increase of inflation was decreasing. Draw a graph of inflation versus time that illustrates this situation. Would this announcement convince you that economic conditions were improving?arrow_forwardReminderRound all answers to two decimal places unless otherwise indicated. Protein Content of Wheat GrainProtein content of wheat grain is affected by soil moisture and the amount of available nitrogen among other things. Figure 1.45 shows" the percent of protein content of wheat grain versus pounds of nitrogen per acre applied in three separate situations. In each case, soil moisture refers to moisture at the soil depth of 2 inches to 12 inches. Situation 1: Irrigation was used when soil moisture dropped to 49. Situation 2: Irrigation was used when soil moisture dropped to 34. Situation 3: Irrigation was used when soil moisture dropped to 1. a. If irrigation begins when soil moisture reaches 49, what application of nitrogen will result in the lowest percentage of protein in wheat grain? b. If irrigation begins when soil moisture reaches 34, what application of nitrogen will result in the same protein content of wheat grain as beginning irrigation when soil moisture reaches 1? c. If you irrigate when soil moisture reaches 34, how much nitrogen should you apply to achieve a 13 protein content in wheat grain? d. Does Figure 1.45 indicate that, for nitrogen levels at 45 pounds per acre or higher, increased protein content in wheat grain is associated with higher or lower soil moisture? FIGURE 1.45 Protein content versus availability of nitrogenarrow_forward
- Reminder Round all answers to two decimal places unless otherwise indicated. Renting Motel Rooms You own a motel with 30 rooms and have a pricing structure that encourages rentals of rooms in groups. One room rents for 85.00, two for 83.00 each, and in general the group rate per room is found by taking 2 off the base of 85 for each extra room rented. a.How much money do you charge per room if a group rents 3 rooms? What is the total amount of money you take in? b.Use a formula to give the rate you charge for each room if you rent n rooms to an organization. c.Find a formula for a function R=R(n) that gives the total revenue from renting n rooms to a convention host. d.Use functional notation to show the total revenue from renting a block of 9 rooms to a group. Calculate that value.arrow_forwardReminder Round all answers to two decimal places unless otherwise indicated. Airspeed The airspeed of a plane is its speed in the absence of wind. With a headwind, ground speed the actual speed in relation to the ground is decreased by the speed of the wind. With a tailwind, ground speed is increased by the speed of the wind. Let A denote the airspeed of a plane and W the speed of the wind, both in miles per hour. Suppose it takes the plane 9 hours to travel the 720 miles from one town to another facing a headwind of W. the return trip, now with a tailwind of W, takes only 6 hours. a. Express the ground speed on the trip out in terms of A and W. b. Use the information from part a and the fact that distance equals rate times time to find an equation involving A and W for the trip out. c. Express the ground speed on the return trip in terms of A and W. d. Use the information from part c and the fact that distance equals rate times time to find an equation involving A and W for the return trip. e. Find the airspeed and the speed of the wind.arrow_forwardReminder Round all answers to two decimal places unless otherwise indicated. World Copper Production World production of copper, in millions of tons per year, from 1900 to 2000 is given by C=0.51.033t, where t is the time in years since 1900. a.What production level does this model give for the year 2000? b.If this model were extended to 2025, how could you use your knowledge of copper production in 2024 to estimate copper production in 2025?arrow_forward
- Functions and Change: A Modeling Approach to Coll...AlgebraISBN:9781337111348Author:Bruce Crauder, Benny Evans, Alan NoellPublisher:Cengage Learning