Finite Mathematics and Applied Calculus (MindTap Course List)
7th Edition
ISBN: 9781337274203
Author: Stefan Waner, Steven Costenoble
Publisher: Cengage Learning
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Question
Chapter 5.3, Problem 58E
To determine
To calculate: The number of shares of each of the 3 stocks purchased where the total investment is
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Investing: Lesser-Known Stocks The following question is based on the following information about the stocks of Whitestone REIT, HCC Insurance Holdings, Inc., and SanDisk Corporation.†
Price($)
Dividend Yield(%)
WSR(WSR Whitestone REIT)
16
7
HCC(HCC Insurance Holdings, Inc.)
56
2
SNDK(SanDisk Corporation)
80
2
You invested a total of $14,400 in shares of the three stocks at the given prices, and expected to earn $328 in annual dividends. If you purchased a total of 250 shares, how many shares of each stock did you purchase?
having trouble solving
i have set up as
x+y+z=250
16x+56y+80z=14,400
.7(16x)+.2(56y)+.2(80z)=248
Investing: Lesser-Known Stocks The following question is based on the following information about the stocks of Whitestone REIT, HCC Insurance Holdings, Inc., and SanDisk Corporation.
Price($)
Dividend Yield(%)
WSR(WSR Whitestone REIT)
16
7
HCC(HCC Insurance Holdings, Inc.)
56
2
SNDK(SanDisk Corporation)
80
2
You invested a total of $12,400 in shares of the three stocks at the given prices, and expected to earn $328 in annual dividends. If you purchased a total of 250 shares, how many shares of each stock did you purchase?
WSR = shares
HCC = shares
SNDK = shares
Investing: Lesser-Known Stocks The following question is based on the following information about the stocks of Whitestone REIT, HCC Insurance Holdings, Inc., and SanDisk Corporation.†
Price($)
Dividend Yield(%)
WSR(WSR Whitestone REIT)
16
7
HCC(HCC Insurance Holdings, Inc.)
56
2
SNDK(SanDisk Corporation)
80
2
You invested a total of $11,200 in shares of the three stocks at the given prices, and expected to earn $304 in annual dividends. If you purchased a total of 250 shares, how many shares of each stock did you purchase?
Chapter 5 Solutions
Finite Mathematics and Applied Calculus (MindTap Course List)
Ch. 5.1 - In Exercises 110, find the dimensions of the given...Ch. 5.1 - Prob. 2ECh. 5.1 - Prob. 3ECh. 5.1 - Prob. 4ECh. 5.1 - Prob. 5ECh. 5.1 - In Exercises 110, find the dimensions of the given...Ch. 5.1 - Prob. 7ECh. 5.1 - Prob. 8ECh. 5.1 - Prob. 9ECh. 5.1 - Prob. 10E
Ch. 5.1 - Solve for x,y,z,andw. [HINT: See Example 1.]...Ch. 5.1 - Prob. 12ECh. 5.1 - Prob. 13ECh. 5.1 - Prob. 14ECh. 5.1 - Prob. 15ECh. 5.1 - In Exercises 1320, evaluate the given expression....Ch. 5.1 - Prob. 17ECh. 5.1 - Prob. 18ECh. 5.1 - Prob. 19ECh. 5.1 - Prob. 20ECh. 5.1 - Prob. 21ECh. 5.1 - Prob. 22ECh. 5.1 - In Exercises 2128, evaluate the given expression....Ch. 5.1 - Prob. 24ECh. 5.1 - Prob. 25ECh. 5.1 - In Exercises 2128, evaluate the given expression....Ch. 5.1 - Prob. 27ECh. 5.1 - Prob. 28ECh. 5.1 - In Exercises 2936, use technology to evaluate the...Ch. 5.1 - Prob. 30ECh. 5.1 - Prob. 31ECh. 5.1 - Prob. 32ECh. 5.1 - Prob. 33ECh. 5.1 - Prob. 34ECh. 5.1 - Prob. 35ECh. 5.1 - Prob. 36ECh. 5.1 - Sales The following table shows the number of Mac...Ch. 5.1 - Home Prices The following table shows median home...Ch. 5.1 - Inventory The Left Coast Bookstore chain has two...Ch. 5.1 - Inventory The Left Coast Bookstore chain discussed...Ch. 5.1 - Prob. 41ECh. 5.1 - Revenue The following spreadsheet gives annual...Ch. 5.1 - Prob. 43ECh. 5.1 - Population Movement In 1990 the U.S. population,...Ch. 5.1 - Prob. 45ECh. 5.1 - Prob. 46ECh. 5.1 - Prob. 47ECh. 5.1 - Prob. 48ECh. 5.1 - Prob. 49ECh. 5.1 - Inventory Microbucks Computer Company, besides...Ch. 5.1 - Tourism in the 1990s The following table gives the...Ch. 5.1 - Prob. 52ECh. 5.1 - Prob. 53ECh. 5.1 - Prob. 54ECh. 5.1 - Prob. 55ECh. 5.1 - Prob. 56ECh. 5.1 - Prob. 57ECh. 5.1 - Prob. 58ECh. 5.1 - Prob. 59ECh. 5.1 - Prob. 60ECh. 5.1 - Prob. 61ECh. 5.1 - Prob. 62ECh. 5.1 - Prob. 63ECh. 5.1 - Prob. 64ECh. 5.1 - Prob. 65ECh. 5.1 - Prob. 66ECh. 5.2 - Prob. 1ECh. 5.2 - Prob. 2ECh. 5.2 - Prob. 3ECh. 5.2 - Prob. 4ECh. 5.2 - Prob. 5ECh. 5.2 - Prob. 6ECh. 5.2 - Prob. 7ECh. 5.2 - Prob. 8ECh. 5.2 - Prob. 9ECh. 5.2 - Prob. 10ECh. 5.2 - Prob. 11ECh. 5.2 - Prob. 12ECh. 5.2 - Prob. 13ECh. 5.2 - Prob. 14ECh. 5.2 - Prob. 15ECh. 5.2 - Prob. 16ECh. 5.2 - Prob. 17ECh. 5.2 - Prob. 18ECh. 5.2 - Prob. 19ECh. 5.2 - Prob. 20ECh. 5.2 - Prob. 21ECh. 5.2 - Prob. 22ECh. 5.2 - Prob. 23ECh. 5.2 - Prob. 24ECh. 5.2 - Prob. 25ECh. 5.2 - Prob. 26ECh. 5.2 - Prob. 27ECh. 5.2 - Prob. 28ECh. 5.2 - Prob. 29ECh. 5.2 - Prob. 30ECh. 5.2 - Exercises 3138 should be done in two ways: by hand...Ch. 5.2 - Prob. 32ECh. 5.2 - Prob. 33ECh. 5.2 - Prob. 34ECh. 5.2 - Prob. 35ECh. 5.2 - Exercises 3138 should be done in two ways: by hand...Ch. 5.2 - Prob. 37ECh. 5.2 - Prob. 38ECh. 5.2 - Prob. 39ECh. 5.2 - Prob. 40ECh. 5.2 - Prob. 41ECh. 5.2 - Prob. 42ECh. 5.2 - Prob. 43ECh. 5.2 - Prob. 44ECh. 5.2 - Prob. 45ECh. 5.2 - Prob. 46ECh. 5.2 - Prob. 47ECh. 5.2 - In Exercises 4548, translate the given matrix...Ch. 5.2 - Prob. 49ECh. 5.2 - Prob. 50ECh. 5.2 - Prob. 51ECh. 5.2 - Prob. 52ECh. 5.2 - Prob. 53ECh. 5.2 - Revenue Karen Sandberg, your competitor in...Ch. 5.2 - Prob. 55ECh. 5.2 - Prob. 56ECh. 5.2 - Revenue Recall the Left Coast Bookstore chain from...Ch. 5.2 - Prob. 58ECh. 5.2 - Prob. 59ECh. 5.2 - Income Exercises 5962 are based on the following...Ch. 5.2 - Income Exercises 5962 are based on the following...Ch. 5.2 - Prob. 62ECh. 5.2 - Prob. 63ECh. 5.2 - Prob. 64ECh. 5.2 - Foreclosure Crisis Starting in 2010, on the heels...Ch. 5.2 - Prob. 66ECh. 5.2 - Prob. 67ECh. 5.2 - Prob. 68ECh. 5.2 - Foreclosure Crisis Starting in 2010, on the heels...Ch. 5.2 - Foreclosure Crisis Starting in 2010, on the heels...Ch. 5.2 - Prob. 71ECh. 5.2 - Prob. 72ECh. 5.2 - Tourism in the 1990s The following table gives the...Ch. 5.2 - Tourism in the 1990s Referring to the tourism...Ch. 5.2 - Prob. 75ECh. 5.2 - Prob. 76ECh. 5.2 - Give an example of two matrices A and B such that...Ch. 5.2 - Prob. 78ECh. 5.2 - Prob. 79ECh. 5.2 - Prob. 80ECh. 5.2 - Prob. 81ECh. 5.2 - Prob. 82ECh. 5.2 - Prob. 83ECh. 5.2 - Prob. 84ECh. 5.2 - Prob. 85ECh. 5.2 - Prob. 86ECh. 5.3 - In Exercises 16, determine whether or not the...Ch. 5.3 - Prob. 2ECh. 5.3 - Prob. 3ECh. 5.3 - Prob. 4ECh. 5.3 - Prob. 5ECh. 5.3 - Prob. 6ECh. 5.3 - In Exercises 726, use row reduction to find the...Ch. 5.3 - Prob. 8ECh. 5.3 - Prob. 9ECh. 5.3 - In Exercises 726, use row reduction to find the...Ch. 5.3 - Prob. 11ECh. 5.3 - Prob. 12ECh. 5.3 - Prob. 13ECh. 5.3 - Prob. 14ECh. 5.3 - Prob. 15ECh. 5.3 - Prob. 16ECh. 5.3 - Prob. 17ECh. 5.3 - Prob. 18ECh. 5.3 - Prob. 19ECh. 5.3 - Prob. 20ECh. 5.3 - Prob. 21ECh. 5.3 - Prob. 22ECh. 5.3 - Prob. 23ECh. 5.3 - Prob. 24ECh. 5.3 - Prob. 25ECh. 5.3 - Prob. 26ECh. 5.3 - Prob. 27ECh. 5.3 - Prob. 28ECh. 5.3 - Prob. 29ECh. 5.3 - Prob. 30ECh. 5.3 - Prob. 31ECh. 5.3 - Prob. 32ECh. 5.3 - In Exercises 2734, compute the determinant of the...Ch. 5.3 - Prob. 34ECh. 5.3 - Prob. 35ECh. 5.3 - Prob. 36ECh. 5.3 - Prob. 37ECh. 5.3 - Prob. 38ECh. 5.3 - Prob. 39ECh. 5.3 - In Exercises 3542, use technology to find the...Ch. 5.3 - Prob. 41ECh. 5.3 - Prob. 42ECh. 5.3 - Prob. 43ECh. 5.3 - Prob. 44ECh. 5.3 - Prob. 45ECh. 5.3 - Prob. 46ECh. 5.3 - In Exercises 4348, use matrix inversion to solve...Ch. 5.3 - Prob. 48ECh. 5.3 - Prob. 49ECh. 5.3 - Prob. 50ECh. 5.3 - Some of the following exercises are similar or...Ch. 5.3 - Prob. 52ECh. 5.3 - Some of the following exercises are similar or...Ch. 5.3 - Some of the following exercises are similar or...Ch. 5.3 - Investing: Inverse ETFs (Exchange Traded Funds)...Ch. 5.3 - Prob. 56ECh. 5.3 - Investing: Lesser-Known Stocks Exercises 5758 are...Ch. 5.3 - Prob. 58ECh. 5.3 - Population Movement In 2009 the population of the...Ch. 5.3 - Prob. 60ECh. 5.3 - Prob. 61ECh. 5.3 - Rotations If a point (x,y) in the plane is rotated...Ch. 5.3 - Encryption Matrices are commonly used to encrypt...Ch. 5.3 - Encryption Matrices are commonly used to encrypt...Ch. 5.3 - Prob. 65ECh. 5.3 - Prob. 66ECh. 5.3 - Multiple choice: If A and B are square matrices...Ch. 5.3 - Prob. 68ECh. 5.3 - What can you say about the inverse of a 22 matrix...Ch. 5.3 - Prob. 70ECh. 5.3 - Prob. 71ECh. 5.3 - Derive the formula in Exercise 71 using row...Ch. 5.3 - Prob. 73ECh. 5.3 - Prob. 74ECh. 5.3 - Prob. 75ECh. 5.3 - Solve the matrix equation A(B+CX)=D for X. (You...Ch. 5.3 - Prob. 77ECh. 5.3 - Prob. 78ECh. 5.4 - Prob. 1ECh. 5.4 - Prob. 2ECh. 5.4 - Prob. 3ECh. 5.4 - Prob. 4ECh. 5.4 - Prob. 5ECh. 5.4 - Prob. 6ECh. 5.4 - Prob. 7ECh. 5.4 - Prob. 8ECh. 5.4 - Prob. 9ECh. 5.4 - In Exercises 914, reduce the given payoff matrix...Ch. 5.4 - In Exercises 914, reduce the given payoff matrix...Ch. 5.4 - In Exercises 914, reduce the given payoff matrix...Ch. 5.4 - Prob. 13ECh. 5.4 - Prob. 14ECh. 5.4 - Prob. 15ECh. 5.4 - Prob. 16ECh. 5.4 - Prob. 17ECh. 5.4 - Prob. 18ECh. 5.4 - Prob. 19ECh. 5.4 - Prob. 20ECh. 5.4 - Prob. 21ECh. 5.4 - Prob. 22ECh. 5.4 - Prob. 23ECh. 5.4 - Prob. 24ECh. 5.4 - Prob. 25ECh. 5.4 - Prob. 26ECh. 5.4 - Prob. 27ECh. 5.4 - Prob. 28ECh. 5.4 - In Exercises 2532, set up the payoff matrix....Ch. 5.4 - In Exercises 2532, set up the payoff matrix....Ch. 5.4 - In Exercises 2532, set up the payoff matrix....Ch. 5.4 - Prob. 32ECh. 5.4 - Prob. 33ECh. 5.4 - More Retail Discount Wars Your Abercrom B mens...Ch. 5.4 - Factory Location22 A manufacturer of electrical...Ch. 5.4 - Crop Choice23 A farmer has a choice of growing...Ch. 5.4 - Study Techniques Your mathematics test is tomorrow...Ch. 5.4 - Prob. 38ECh. 5.4 - Prob. 39ECh. 5.4 - Prob. 40ECh. 5.4 - Prob. 41ECh. 5.4 - Prob. 42ECh. 5.4 - Prob. 43ECh. 5.4 - Prob. 44ECh. 5.4 - Prob. 45ECh. 5.4 - Prob. 46ECh. 5.4 - Prob. 47ECh. 5.4 - Prob. 48ECh. 5.4 - Campaign Strategies27 Florida and Ohio are swing...Ch. 5.4 - Prob. 50ECh. 5.4 - Prob. 51ECh. 5.4 - Prob. 52ECh. 5.4 - Prob. 53ECh. 5.4 - Prob. 54ECh. 5.4 - Prob. 55ECh. 5.4 - Exercises 37 and 38 seem to suggest that studying...Ch. 5.4 - Prob. 57ECh. 5.4 - Prob. 58ECh. 5.5 - Let A be the technology matrix A=[0.20.050.80.01],...Ch. 5.5 - Let A be the technology matrix...Ch. 5.5 - Prob. 3ECh. 5.5 - Prob. 4ECh. 5.5 - Prob. 5ECh. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - Given A=[0.10.40.20.5], find the changes in...Ch. 5.5 - Prob. 14ECh. 5.5 - Prob. 15ECh. 5.5 - Prob. 16ECh. 5.5 - Prob. 17ECh. 5.5 - Prob. 18ECh. 5.5 - Campus Food The two campus cafeterias, the Main...Ch. 5.5 - Plagiarism Two student groups at Enormous State...Ch. 5.5 - Prob. 21ECh. 5.5 - Wood and Paper Two sectors of the U.S. economy are...Ch. 5.5 - Prob. 23ECh. 5.5 - Prob. 24ECh. 5.5 - Prob. 25ECh. 5.5 - Prob. 26ECh. 5.5 - Prob. 27ECh. 5.5 - Prob. 28ECh. 5.5 - Prob. 29ECh. 5.5 - Prob. 30ECh. 5.5 - Exercises 3134 require the use of technology....Ch. 5.5 - Exercises 3134 require the use of technology....Ch. 5.5 - Prob. 33ECh. 5.5 - Prob. 34ECh. 5.5 - Prob. 35ECh. 5.5 - Prob. 36ECh. 5.5 - What would it mean if the total output figure for...Ch. 5.5 - Prob. 38ECh. 5.5 - Prob. 39ECh. 5.5 - Prob. 40ECh. 5.5 - Prob. 41ECh. 5.5 - Prob. 42ECh. 5 - For Exercises 110, let...Ch. 5 - Prob. 2RECh. 5 - Prob. 3RECh. 5 - Prob. 4RECh. 5 - For Exercises 110, let...Ch. 5 - Prob. 6RECh. 5 - Prob. 7RECh. 5 - Prob. 8RECh. 5 - Prob. 9RECh. 5 - Prob. 10RECh. 5 - Prob. 11RECh. 5 - Prob. 12RECh. 5 - Prob. 13RECh. 5 - Prob. 14RECh. 5 - Prob. 15RECh. 5 - Prob. 16RECh. 5 - Prob. 17RECh. 5 - Prob. 18RECh. 5 - In Exercises 1720, write the given system of...Ch. 5 - Prob. 20RECh. 5 - Prob. 21RECh. 5 - Prob. 22RECh. 5 - Prob. 23RECh. 5 - Prob. 24RECh. 5 - In Exercises 2528, find the production vector X...Ch. 5 - Prob. 26RECh. 5 - Prob. 27RECh. 5 - Prob. 28RECh. 5 - Prob. 29RECh. 5 - Prob. 30RECh. 5 - Prob. 31RECh. 5 - Prob. 32RECh. 5 - It is now July 1, and online sales of romance,...Ch. 5 - Prob. 34RECh. 5 - Prob. 35RECh. 5 - Prob. 36RECh. 5 - Prob. 37RECh. 5 - Prob. 38RECh. 5 - OHaganBooks.com has two main...Ch. 5 - Prob. 40RECh. 5 - OHaganBooks.com has two main...Ch. 5 - Prob. 42RECh. 5 - Prob. 43RECh. 5 - Prob. 44RECh. 5 - Prob. 45RECh. 5 - Prob. 46RECh. 5 - Prob. 47RECh. 5 - Prob. 48RECh. 5 - Prob. 49RECh. 5 - Some of the books sold by OHaganBooks.com are...Ch. 5 - Some of the books sold by OHaganBooks.com are...Ch. 5 - Some of the books sold by OHaganBooks.com are...
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- Redo Exercise 5, assuming that the house blend contains 300 grams of Colombian beans, 50 grams of Kenyan beans, and 150 grams of French roast beans and the gourmet blend contains 100 grams of Colombian beans, 350 grams of Kenyan beans, and 50 grams of French roast beans. This time the merchant has on hand 30 kilograms of Colombian beans, 15 kilograms of Kenyan beans, and 15 kilograms of French roast beans. Suppose one bag of the house blend produces a profit of $0.50, one bag of the special blend produces a profit of $1.50, and one bag of the gourmet blend produces a profit of $2.00. How many bags of each type should the merchant prepare if he wants to use up all of the beans and maximize his profit? What is the maximum profit?arrow_forwardInvesting: Lesser-Known Stocks The following question is based on the following information about the stocks of Whitestone REIT, HCC Insurance Holdings, Inc., and SanDisk Corporation.† Price($) Dividend Yield(%) WSR(WSR Whitestone REIT) 16 7 HCC(HCC Insurance Holdings, Inc.) 56 2 SNDK(SanDisk Corporation) 80 2 You invested a total of $10,400 in shares of the three stocks at the given prices, and expected to earn $248 in annual dividends. If you purchased a total of 200 shares, how many shares of each stock did you purchase? WSR shares HCC shares SNDK sharesarrow_forward
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