New York City received a federal grant of $ 100 million for improving public transportation. The funds are to be used only for purchases of new buses, purchases of new subway cars or repaving of city streets. Costs are estimated at $ 150,000 per bus, $180,000 per subway car, and $ 250,000 per mile repaving. City officials want to determine different ways of spending the grant money. Determine the linear equation. Further, if it has been determined that 100 buses and 200 new subway cars will be purchased, how many mils of city streets can be repaved?A portfolio manager is concerned that two stocks generate an annual income of $15,000 for a client. The two stocks earn annual dividends of $2.40 and $ 3.50 per share, respectively. If X equal the number of shares of stock 1 and y equals the number of shares of stock 2. Rewrite the equation in slope-intercept form and interpret the meaning of the slope and y intercept. Solve for the x intercept and interpret its meaning?

(a) Let g = the federal grant.Let b = the number of buses.Let s = the number of subway cars.Let p =…

Answered: New York City received a federal grant…

Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter1: Functions

Section1.CR: Chapter 1 Review

Problem 75CR

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New York City received a federal grant of $ 100 million for improving public transportation. The funds are to be used only for purchases of new buses, purchases of new subway cars or repaving of city streets. Costs are estimated at $ 150,000 per bus, $180,000 per subway car, and $ 250,000 per mile repaving. City officials want to determine different ways of spending the grant money. Determine the linear equation. Further, if it has been determined that 100 buses and 200 new subway cars will be purchased, how many mils of city streets can be repaved?
A portfolio manager is concerned that two stocks generate an annual income of $15,000 for a client. The two stocks earn annual dividends of $2.40 and $ 3.50 per share, respectively. If X equal the number of shares of stock 1 and y equals the number of shares of stock 2. Rewrite the equation in slope-intercept form and interpret the meaning of the slope and y intercept. Solve for the x intercept and interpret its meaning?

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