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3. 0 -44 points HarMathAp10 5.3.039 MI. The total cost function for a product is

ID: 3146940 • Letter: 3

Question

3. 0 -44 points HarMathAp10 5.3.039 MI. The total cost function for a product is represented by the following equation, where x is the number of items produced. E(x) = e0.1x + 400 What is the total cost of producing 40 units? (Round your answer to the nearest cent.) Need Help? LMatrTaik to Tater 4 -14 points HarMathAp11 5.3.045 months) is given by S -10,00 If $10,000 is invested at 6% per year compounded monthly, the future value S at any time t (in (a) What is the amount after 1 year? (Round your answer to two decimal places.) Type here to search

Explanation / Answer

C(x) = e0.1x + 400

When x = 40,

C(40) = e0.1*40 + 400

= e4 + 400

= 454.5982

The total cost is $454.60.

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