
MAT 230 Ch 5
Mathematics
University
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Find the equilibrium point.D(x) = 4 - x, 0 ≤ x ≤ 4; S(x) =
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Find the consumer surplus at the equilibrium point.D(x) = 4 - x, 0 ≤ x ≤ 4; x = 3
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Find the producer surplus at the equilibrium point.S(x) = x2 + 4; x = 1
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Find the future value P of the amount P0 invested for time period t at interest rate k, compounded continuously. P0 = $30,000, t = 3 yr, k = 5%
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Find the present value P0 of the amount P due t years in the future and invested at interest rate k, compounded continuously.P = $100,000, t = 12 yr, k = 7%
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Solve the problem.Find the amount of the following continuous money flow:R(t) = t2 , k = 7%, T = 30 years
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Solve the problem.Find the interest earned when $22,840 is invested at 6% compounded continuously for 5 years.
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