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Warm-up: Mon. 9-17 Minimize C = 2x1 + 3x2 subject to the constraints x1 + x2 ≥ 6 x1 + 2x2 ≥ 4 x1 + x2 ≥ 5 x1 ≥ 0 x2 ≥ 0 Ch 5 review
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Warm-up: Tues 1. Find the amount of money in an account after 40 years compounded daily on $80,000 drawing 10% What would the interest be? 2. Find the proceeds for each discounted loan repaid in 24 months at 8%. 3. Ch. 6 review prob. 2, 3
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Warm-up: Wed Sarah Jane needs to borrow $5000 to repair her roof. She can get a discounted loan from her bank at an 8.99% rate of interest for 18 months. What loan amount should be used so that she will receive the $5000 she needs? Find the value of the annuity when $200 is deposited each month at 10% interest (compounded monthly) for 20 years. 3. Ch 6 review prob. 5 and 9
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Warm-up: Fri
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