In Linear programming, there are two general types of objectives, maximization, and minimization. Of the four components that provide the structure of a linear programming model, the component that reflects what we are trying to achieve is called the (two words) 14. (5 points total) Use Excel to conduct a linear programming analysis. Make sure that all components of the linear programming model, to include your decision variables, objective function, constraints and parameters are shown in your work A small candy shop is preparing for the holiday season. The owner must decide how many bags of deluxe mix and how many bags of standard mix of Peanut Raisin Delite to put up. The deluxe mix has 75 pounds of raisings and 25 pounds of peanuts, and the standard mix has 0.4 pounds of raisins and 60 pounds of peanuts per bag. The shop has 90 pounds of raisins in stock and 60 pounds of peanuts Peanuts cost $0.75 per pound and raisins cost $2 per pound. The deluxe mix will sell for $3.5 for a one-pound bag, and the standard mix will sell for $2.50 for a one-pound bag. The owner estimates that no more than 110 bags of one type can be sold. Answer the following: a. Prepare an Excel sheet with all required data and solution (2 points) b. How many constraints are there, including the non-negativity constraints? (1 point) c. To maximize profits, how many bags of each mix should the owner prepare? (1 point) d. What is the expected profit?

Answers

Answer 1

The objective is to maximize profits. By setting up the necessary data and solving the problem in Excel, you can determine the optimal number of bags for each mix and calculate the expected profit.

In Excel, you can set up the linear programming model by creating a spreadsheet with the necessary data. This includes the ingredient quantities, ingredient costs, selling prices, and any constraints on the maximum number of bags. By defining the decision variables and setting up the objective function to maximize profits, you can use Excel's solver tool to find the optimal solution.

The number of constraints in this problem includes the non-negativity constraints for the number of bags of each mix and the constraints on the maximum number of bags that can be sold.

To maximize profits, Excel's solver tool will provide the optimal solution by indicating the number of bags for each mix that the owner should prepare.

The expected profit can be calculated by multiplying the number of bags for each mix by the selling price and subtracting the cost of ingredients. This will give the total profit for the selected bag quantities.

By following these steps and setting up the problem in Excel, you can determine the optimal production quantities, the expected profit, and make informed decisions for the candy shop's holiday season.

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Related Questions

Serena and Visala had a combined total of $180. Serena then gave Visala $20, and then Visala gave
Serena a quarter of the money Visala had. After this, they each had the same amount. How much
money did Serena start with?

Answers

Serena started with approximately $173.33 money.

Let's denote the initial amount of money Serena had as S and the initial amount of money Visala had as V.

According to the problem, their combined total was $180, so we have the equation S + V = 180.

After Serena gave Visala $20, Serena's remaining amount became S - 20, and Visala's amount became V + 20.

Visala then gave Serena a quarter of the money she had, which is (V + 20)/4. After this transaction, Serena's total amount became S - 20 + (V + 20)/4, and Visala's total amount became V + 20 - (V + 20)/4.

It is given that after these transactions, they each had the same amount. Therefore, we can set up the equation:

S - 20 + (V + 20)/4 = V + 20 - (V + 20)/4.

Let's simplify and solve for S:

4S - 80 + V + 20 = 4V + 80 - V - 20.

Combining like terms:

4S + V = 3V + 160.

Substituting the value of S + V = 180 from the first equation:

4S + V = 3(180) + 160,

4S + V = 540 + 160,

4S + V = 700.

Now, we have two equations:

S + V = 180,

4S + V = 700.

Subtracting the first equation from the second equation:

4S + V - (S + V) = 700 - 180,

3S = 520,

S = 520/3 ≈ 173.33.

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1. Consider a damped spring-mass system with m = 1kg, = 2
kg/s^2 and c = 3 kg/s. Find the general solution. And solve the
initial value problem if y(0) = 1 and y′(0) = 0.

Answers

The general solution of the damped spring-mass system with the given parameters is y(t) = e^(-t/2) [c1cos((√7/2)t) + c2sin((√7/2)t)]. By applying the initial conditions y(0) = 1 and y'(0) = 0, the specific solution can be obtained as y(t) = (2/7)e^(-t/2)cos((√7/2)t) + (3/7)e^(-t/2)sin((√7/2)t).

The equation for the damped spring-mass system can be expressed as my'' + cy' + ky = 0, where m is the mass, c is the damping coefficient, and k is the spring constant. In this case, m = 1 kg, c = 3 kg/s, and k = 2 kg/[tex]s^2[/tex].

To find the general solution, we assume a solution of the form y(t) = e^(rt). By substituting this into the equation and solving for r, we get [tex]r^2[/tex] + 3r + 2 = 0. Solving this quadratic equation gives us the roots r1 = -2 and r2 = -1.

The general solution is then given by y(t) = c1e^(-2t) + c2e^(-t). However, since we have a damped system, the general solution can be rewritten as y(t) = e^(-t/2) [c1cos((√7/2)t) + c2sin((√7/2)t)], where √7/2 = √(3/4).

By applying the initial conditions y(0) = 1 and y'(0) = 0, we can solve for the coefficients c1 and c2. The specific solution is obtained as y(t) = (2/7)e^(-t/2)cos((√7/2)t) + (3/7)e^(-t/2)sin((√7/2)t). This satisfies the given initial value problem.

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On the highway, the gas mileage of Jesse’s motorcy- cle is twice that of his car. If his car gets 28 mpg on the highway, what is the gas mileage of his motor- cycle on the highway?

Answers

Based on the ratios of gas mileage of Jesse's motorcycle to that of his car, 2x and x respectively, we have found out that the gas mileage of Jesse’s motorcycle on the highway is 56 mpg.

To solve the problem of finding out the gas mileage of Jesse’s motorcycle on the highway, it is necessary to use ratios. The first ratio is based on the gas mileage of Jesse’s car on the highway which is 28 mpg, then the ratio for his motorcycle is set as 2x, where x is the mileage per gallon of Jesse’s car, 28.

Therefore, the second ratio is 2x. Then we can equate these ratios in order to solve the problem. This can be done as follows: 2x/28 = y/1, where y represents the gas mileage of Jesse’s motorcycle on the highway.

Solving for y yields the following:

2x/28 = y/1

2x * 1 = 28 * y

2x = 28y

2x/2 = 28y/2

x = 14y

So the gas mileage of Jesse’s motorcycle on the highway is 14 times the mileage of his car. Therefore, to find out the gas mileage of his motorcycle on the highway, we need to multiply 28 by 2 and then divide the result by 1 which is equal to 56. Therefore, the gas mileage of Jesse’s motorcycle on the highway is 56 mpg.

In conclusion, based on the ratios of gas mileage of Jesse's motorcycle to that of his car, 2x and x respectively, we have found out that the gas mileage of Jesse’s motorcycle on the highway is 56 mpg. This has been calculated using the equation 2x/28 = y/1, where y is the gas mileage of Jesse’s motorcycle on the highway.

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what is a profit margin​

Answers

A profit margin is the amount of money when you subtract how much money you have made from your product and them subtract how much it took to make the products and your answer would be the profit margin. For example: if I made 50 dollars selling my product, and I made 5 products which costs me one dollar each, to make those five products it would take me 5 dollars so 50-5 equals 45 so my profit margin is 45 dollars, so technically I made 45 dollars.

i need help with this questionnnn

Answers

I am going to say 3
The answer is 1.7 ! :D

Evaluate the expression 6 + 5 × 32 - 8.

43
11
6
91

Answers

Answer:

158

Step-by-step explanation:

All i know is that these answer choices cannot be found in the calculator

Answer:

158.....

PEMDAS

you multiply first 6+160-8

then you add or subtract

158

Can somebody help me

Answers

Answer:

25

Step-by-step explanation:

If it has 25 miles across from the 1 hour it means that it goes 25 miles per hour.

Fifty students in an Italian class were surveyed about how they listen to music. Of those asked:
34 listen to Spotify (S)
30 listen to Pandora (P)
18 listen to the radio (R)
22 listen to Spotify and Pandora
13 listen to Spotify and the radio
4 listen to Pandora and the radio
o 2 listen to Spotify, Pandora, and the radio
(a) Represent this information in a Venn diagram:
(b) How many liked none of these types of music?
(c) How many students liked exactly two of these types of music?
(d) How many liked at least two of these types of music?

Answers

In the Italian class survey, 50 students were asked about how they listen to music. A Venn diagram was used to represent the information. Five students liked none of the types of music, 37 students liked exactly two types of music, and 39 students liked at least two types of music.

(a) The information can be represented in a Venn diagram as follows:

In the diagram, S represents the number of students who listen to Spotify, P represents the number of students who listen to Pandora, and R represents the number of students who listen to the radio. The overlapping regions show the number of students who listen to multiple platforms.

         ___________

        |           |

        |    S      |

        |___________|

        |           |

   R    |    SP     |   P

        |___________|

        |           |

        |     RP    |

        |___________|

(b) To determine the number of students who liked none of these types of music, we need to find the students who did not fall into any of the three categories. This can be calculated by subtracting the total number of students who liked at least one type of music from the total number of students surveyed.

Total number of students surveyed = 50

Students who liked at least one type of music = S + P + R - (SP + SR + PR) + SPR

Substituting the given values:

Students who liked at least one type of music = 34 + 30 + 18 - (22 + 13 + 4) + 2 = 45

Students who liked none of these types of music = Total number of students surveyed - Students who liked at least one type of music

Students who liked none of these types of music = 50 - 45 = 5

Therefore, 5 students liked none of these types of music.

(c) To find the number of students who liked exactly two types of music, we need to calculate the sum of the students in the overlapping regions of the Venn diagram.

Students who liked exactly two types of music = SP + SR + PR - (SPR)

Substituting the given values:

Students who liked exactly two types of music = 22 + 13 + 4 - 2 = 37

Therefore, 37 students liked exactly two types of music.

(d) To determine the number of students who liked at least two types of music, we need to add the students who liked exactly two types of music to the number of students who liked all three types of music.

Students who liked at least two types of music = Students who liked exactly two types of music + Students who liked all three types of music

Students who liked at least two types of music = 37 + 2 = 39

Therefore, 39 students liked at least two types of music.

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draw a hypothetical demand curve for tickets to a particular rock concert. use the drop box to upload an image or file containing your demand curve.

Answers

The  hypothetical demand curve for tickets to a particular rock concert is given in the image attached.

What is the hypothetical demand curve

According to Samuelson: theory, the law of demand states that people buy more at lower prices and less at higher prices when other things remain constant.

Note that by using the image,

Prices of ticket (cent)    Demand by consumer

5                                   35

4                                  30

3                                    70

2                                    80

1                                    95

Therefore, "Demands curves show how much people will buy the ticket at different prices over time." The Curve shows consumer purchases at different prices.

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Maria needs 0.7 meters of fabric to make a flag. How many flags can she make from 7.42 meters of fabric?

Answers

Answer:

10 flags

Step-by-step explanation:

7.42/0.7

Round down since you cant "round up" when talking about physical objects.

Answer:

10 Flags

Step-by-step explanation:

please whats the answer?

Answers

Answer:

=93

Step-by-step explanation:

[tex]7 \frac{5}{6} + 5 \frac{1}{9} [/tex]Then mutiply 6 x7 with will give you 42 then add 5 which will equal =47

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Answers

Answer:

3 times greater

Step-by-step explanation:

6.7 x 10 to the 6 = 6700000

2x 10 to the 7 = 20000000

20000000/6700000 = 2.98507462687

Rounded - 3

The number of watermelons in a truck are all weighed on a scale. The scale rounds the weight of every watermelon to the nearest pound. The number of pounds read off the scale for each watermelon is called its measured weight. The domain for each of the following relations below is the set of watermelons on the truck. For each relation, indicate whether the relation is reflexive, anti reflexive, or neither
symmetric, anti symmetric, or neither
transitive or not transitive
justify your answer
a) watermelon x is related to watermelon y if the measured weight of watermelon x is at least the measured weight of watermelon y. No two watermelons have the same measured weight. b) watermelon x is related to watermelon y if the measured weight of watermelon x is at least the measured weight of watermelon y. All watermelons have exactly the same measured weight

Answers

a) The relation is reflexive, symmetric, and transitive.

b) The relation is not reflexive, symmetric, or transitive.

a) For each watermelon x, x is related to x because the measured weight of x is at least the measured weight of x. Therefore, the relation is reflexive.

For each watermelon x and y, if x is related to y (meaning the measured weight of x is at least the measured weight of y), then y is also related to x (meaning the measured weight of y is at least the measured weight of x). Therefore, the relation is symmetric.

For each watermelon x, y, and z, if x is related to y (meaning the measured weight of x is at least the measured weight of y) and y is related to z (meaning the measured weight of y is at least the measured weight of z), then x is related to z (meaning the measured weight of x is at least the measured weight of z). Therefore, the relation is transitive.

b) For each watermelon x, x is not related to x because no two watermelons have the same measured weight. Therefore, the relation is not reflexive.

For each watermelon x and y, if x is related to y (meaning the measured weight of x is at least the measured weight of y), then y is not related to x (meaning the measured weight of y is not at least the measured weight of x).

Therefore, the relation is not symmetric. For each watermelon x, y, and z, if x is related to y (meaning the measured weight of x is at least the measured weight of y) and y is related to z (meaning the measured weight of y is at least the measured weight of z), then x is not related to z (meaning the measured weight of x is not at least the measured weight of z).

Therefore, the relation is not transitive.

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he manager of a book store believes that 33% of the store's customers have read at least one book from the Henry Pottar series. A simple random sample of 100 customers was selected. Using the manager's belief, determine:

1. The standard error for the sampling distribution of proportion. (4 decimal places)

2. The probability that between 26% and 35% of the customers have read at least one book from the Henry Pottar series . (4 decimal places)

Answers

1. The standard error for the sampling distribution of proportion is approximately 0.0478.

The standard error for the sampling distribution of proportion can be calculated using the formula:

SE = sqrt((p * (1 - p)) / n)

where p is the population proportion and n is the sample size. In this case, p = 0.33 and n = 100.

Plugging in the values, we have:

SE = sqrt((0.33 * (1 - 0.33)) / 100) ≈ 0.0478

Therefore, the standard error for the sampling distribution of proportion is approximately 0.0478.

2. The probability that between 26% and 35% of the customers have read at least one book from the Henry Potter series is approximately 0.7789.

To calculate the probability, we need to find the z-scores corresponding to the percentages 26% and 35% and then find the area between these two z-scores under the standard normal distribution curve.

First, we calculate the z-scores using the formula:

z = (x - p) / sqrt((p * (1 - p)) / n)

where x is the given percentage, p is the population proportion, and n is the sample size.

For x = 26%:

z = (0.26 - 0.33) / sqrt((0.33 * (1 - 0.33)) / 100) ≈ -1.232

For x = 35%:

z = (0.35 - 0.33) / sqrt((0.33 * (1 - 0.33)) / 100) ≈ 0.522

Using a standard normal distribution table or calculator, we can find the area between -1.232 and 0.522, which is the probability that between 26% and 35% of the customers have read at least one book from the Henry Potter series. The approximate probability is 0.7789.

Therefore, the probability that between 26% and 35% of the customers have read at least one book from the Henry Potter series is approximately 0.7789.

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What is the measure of the other acute angle? Pls explain how you got your answer

Answers

Answer:

30 degrees

all triangles equal 180 degrees

90+60=150

180-150=30

Step-by-step explanation:

Solve the system by substitution.
x – 4y = -8
5у – 1 = x
Submit Answer

Answers

Answer:

y = -7 and x = -36

Step-by-step explanation:

x - 4y = -8

5y - 1 = x

→ Substitute 5y - 1 into x - 4y = -8

5y - 1 - 4y = -8

→ Simplify

y - 1 = -8

→ Add 1 to both sides

y = -7

→ Substitute y = -7 into 5y - 1

( 5 × -7 ) - 1 = -36

Answer:

The solution is (-36, -7)

Step-by-step explanation:

Since 5y - 1 = x, we can replace x in the first equation by 5y - 1:

5y - 1 - 4y = -8

Collecting like terms, we get:

y = -7

If y = 7, then by the second equation x = 5(-7) - 1 = -36

The solution is (-36, -7)

If x≠-4, which answer choice represents the following in simplified form (question attached)
A. X+3
B. X-4
C. 2x+6
D. X-3

Answers

Answer:

[tex]A) x+3[/tex]

Step-by-step explanation:

[tex]\frac{2x^{2}+14x+24 }{2x+8}[/tex]

[tex]=\frac{2(x^{2}+7x+12)}{2(x+4)}[/tex]

[tex]=\frac{x^{2} +7x+12}{x+4}[/tex]

[tex]=\frac{(x+4)(x+3)}{x+4}[/tex]

[tex]=x+3[/tex]


HELPPP!!
Find the value of x in the parallelogram!

Answers

Answer:

x = 17

Step-by-step explanation:

Area of a parallelogram:

A = bh

Given:

A = 153

b = 9

Work:

A = bh

h = A/b

h = 153/9

h = 17

Find the area of the shaded region.

Answers

Answer:

area = 3.44 in²

Step-by-step explanation:

area of square = 4 x 4 = 16 cm²

area of circle = (3.14)(2²) = 12.56 cm²

area = 16 - 12.56 = 3.44 in²

Change die exponential statement to an equivalent statement involving a logarithm. 9 = 3^2 The equivalent logarithmic statement is. (Type an equation.)

Answers

The equivalent logarithmic statement is log base 3 of 9 = 2 for the equation 9 = 3².

To convert the exponential statement 9 = 3² into an equivalent logarithmic statement, we can use the logarithm with base 3.

Step 1: Identify the base and exponent in the exponential statement.

In our case, the base is 3 and the exponent is 2.

Step 2: Write the equivalent logarithmic statement.

Using the base 3 logarithm, we have:

log₃(9) = 2

This logarithmic statement can be read as "the logarithm base 3 of 9 is equal to 2."

The logarithm function gives us the exponent or power that the base needs to be raised to in order to obtain the given number. In this case, log₃(9) tells us that 3 raised to the power of 2 equals 9.

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HELP ME ASAP!!!!!!!!!!!!

See picture attached.

Please friend request me if you get it right.

Thanks xx

Answers

Answer:

Number of cubes = 8 large and 32 small, or 40 total

Step-by-step explanation:

each layer = 2 large and 8 small cuboids.

each layer = 128 cm³

512/128 = 4 layers

so:

4 x 2 = 8 large cuboids

4 x 8 = 32 small cuboids

The compound interest on $4,000 saved for 3 years at an interest rate of 15%.

Answers

A = $5,800.00

I = A - P = $1,800.00

hey!

Equation:

A = P(1 + rt)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 15%/100 = 0.15 per year.

Solving our equation:

A = 4000(1 + (0.15 × 3)) = 5800

A = $5,800.00

The total amount accrued, principal plus interest, from simple interest on a principal of $4,000.00 at a rate of 15% per year for 3 years is $5,800.00.

---------------------------------------------

hope i helped in some way..have great day!

A set of data may have more than one mode.
(1 Point)
True
False

Answers

True

I’m not 100% positive but I’m pretty sure

Write the Mayan numeral as a Hindu Arabic numeral 10:03

Answers

The Hindu Arabic numeral for the Mayan numeral is 103.

The given Mayan numeral needs to be converted to Hindu Arabic numeral.

The Hindu Arabic numeral system includes ten digits from 0 to 9. This numeral system is used to represent numbers in almost all the countries in the world.

10:03 in Mayan Numeral System is as shown below:MAYAN_NUMERALS:    10:03 = 10.|. 0. | 3. ||||||. |||..........||||||... ||.......... |||||||||||||||||||||||||||||||10.|.0.|.3.|.    =   103The above given Mayan Numeral system converted to Hindu Arabic Numeral is 103.

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The point P is on the unit circle. Find P(x, y) from the given information.
The x-coordinate of P is positive, and the y-coordinate of P is
-(square root 10)/10.

Answers

The coordinates satisfy the equation x^2 + y^2 = 1. In this specific problem, we found that P(x, y) = (3 * sqrt(10)) / 10 , - (sqrt(10)) / 10.

To solve this problem, we need to recall some basic trigonometry concepts related to the unit circle. The unit circle is a circle of radius 1 centered at the origin of a coordinate plane. Any point on the unit circle can be represented by its coordinates (x, y), where x and y are the horizontal and vertical distances from the origin, respectively.

Since the given problem tells us that the x-coordinate of P is positive, we know that x > 0. Additionally, we are given that the y-coordinate of P is -(square root 10)/10. We can use this information to solve for x.

From the Pythagorean theorem, we know that for any point (x, y) on the unit circle, x^2 + y^2 = 1. Substituting y = -(square root 10)/10, we get:

x^2 + ((-sqrt(10))/10)^2 = 1

Simplifying this expression, we get:

x^2 + 10/100 = 1

x^2 = 90/100

x = sqrt(90)/10

Since we know that x is positive, we can simplify this expression further by factoring out a square root:

x = (sqrt(9) * sqrt(10)) / 10

x = (3 * sqrt(10)) / 10

Therefore, the coordinates of point P are:

P(x, y) = (3 * sqrt(10)) / 10 , - (sqrt(10)) / 10

We can check our answer by verifying that these coordinates satisfy the equation x^2 + y^2 = 1:

(3 * sqrt(10) / 10)^2 + (-sqrt(10) / 10)^2 = 9/100 + 10/100 = 1/10

Simplifying this expression, we get:

1/10 = 1/10

This confirms that our answer is correct and that P lies on the unit circle.

In summary, to find the coordinates of a point P on the unit circle given its y-coordinate and the fact that its x-coordinate is positive, we can use the Pythagorean theorem to solve for the x-coordinate. We then check our answer by verifying that the coordinates satisfy the equation x^2 + y^2 = 1. In this specific problem, we found that P(x, y) = (3 * sqrt(10)) / 10 , - (sqrt(10)) / 10.

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SALE
80% OFF!
What is the sale price of a basketball jersey originally priced at $40?

Answers

Answer:

20

Step-by-step explanation:

The copy machine runs for 20 seconds and then jams. About how many copies were made before the jam occurred? Round your answer to the nearest tenth

Answers

Answer:

10.7

Step-by-step explanation:

Explain how g is 62 degrees using angle theorem. Ex supplementary angle theorem, ASTT. Etc

Answers

Answer:

The exterior angle is 35° + 62° = 97°

And 97° > 35°

And 97° > 62°

Step-by-step explanation:

Answer:

pppop-

That’s what u get

Step-by-step explanation:

find the corresponding point to the function​

Answers

Answer:

If you begin with the graph for f(x) and then substituted x+3 for x, the effect on the graph will be to move the whole graph 3 units to the left.  

Given that (-9,-1) is on the graph of f(x), and that we are to move the entire graph 3 units to the left, then the coordinate -9 becomes -9-3, or -12:  (-12,-1).

Step-by-step explanation:

Victoria earns a gross annual income of $124,482 and is buying a home for $225,500. She is making a 20% down payment and financing the rest with a 30-year loan at 4.5% interest.

(a) What is the mortgage amount she will borrow?

(b) Can she afford this mortgage?

(c) What will her monthly mortgage payment be?

(d) What will her total payment for the house be?

(e) What is the amount of interest she will pay?

Answers

Answer:

(a) The mortgage amount she will borrow is $180,400

(b) Yes she can

(c) Her monthly payment will be approximately $914.06

(d) Her total repayment is approximately $329,061.6

(e) The amount of interest is approximately $148,661.6

Step-by-step explanation:

The details of the transactions are;

The gross annual income Victoria earns = $124,482

The cost price of the home she is buying, C = $225,500

The amount she is making as down payment = 20%

The duration the loan she id financing the rest with, t = 30-years

The interest rate on the loan, r = 4.5%

(a) The mortgage amount she will borrow, 'P', is the cost of the home less the down payment

The down payment = 20% of the cost of the home

∴ The down payment = (20/100) × $225,500 = $45,100

∴ P = $225,500 - $45,100 = $180,400

The mortgage amount she will borrow, P = $180,400

(b) Using the 2× to 2.5× gross income rule, we have;

2 × her annual income = 2 × 124,482 = 248,964

∴ 2 × her annual income > The mortgage = 180,400

She can afford the mortgage

(c) The monthly fixed payment for the mortgage is given as follows;

   [tex]M = P \times \dfrac{r}{n} \times \dfrac{\left(1+ \dfrac{r}{n} \right)^{n \cdot t}}{\left[\left(1 + \dfrac{r}{n} \right)^{n\cdot t} - 1\right]}[/tex]

Where;

n = The number of periods per year = 12 monthly periods per year

180,400*0.045*(1 + 0.045)^(30)/((1 + 0.045)^(30) - 1)

[tex]M = 180,400 \times \dfrac{0.045 }{12} \times \dfrac{\left(1+\dfrac{0.045 }{12}\right)^{30 \times 12}}{\left[\left(1 + \dfrac{0.045 }{12}\right)^{30 \times 12} - 1\right]} \approx 914.060298926[/tex]

Her monthly payment will be M ≈ $914.06

(d) The total repayment is given as follows;

n × t × M

∴ 12 × 30 × 914.06 = 329061.6

The total payment for the house = $329,061.6

(e) The amount of interest = The total payment - The principal loan amount

∴ The amount of interest = $329061.6 - $180,400 = $148,661.6

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