Algebra Total 4 Questions

Question. 1
Suppose the concentration of a drug (as a percent) in a patients bloodstream t hours after
injection is given by C(t)=200t2t2+32

a. Graph the function using the window [0,20] by [0,20]. Discuss the characteristics of the
graph.
b. What is the drug concentration 1 hour after injection?
c. What is the highest percent concentration? In how many hours will it occur? How did you
determine this?
d. Describe how the end behavior of the graph of this function relates to the drug
concentration.

Question. 2
Find the average return over the last ten years on a mutual fund of your choice. Use that
average return to see what your investment account would look like if you had invested
$1,000 for 5, 10, 15, 20, 25, 30, 35, and 40 years compounded quarterly. Is there a point at
which your investment appears to grow more quickly? What can you conclude about the
affect of time on your retirement plans?

Question. 3

Image text transcribed for accessibility: A chemical manufacturer wants to lease a fleet of 25
railroad tank cars with a combined carrying capacity of 260,000 gallons. Tank cars with three
different carrying capacities are available: 5,000 gallons, 10,000 gallons, and 20,000 gallons.
Letting t = number of 20,000 railroad tank cars in the fleet, 2t-2 5,000-gallon railroad tank
cars, and -3t + 27 10,000 gallon railroad tank cars will be in the fleet for a certain range of t.
The cost of leasing a 5,000-gallon tank car is $450 per month, a 10,000-gallon tank car is
$850 per month, and a 20,000-gallon tank car is $950 per month. Which of the solutions to
the number of each type of tank car in the fleet would minimize the monthly leasing cost?
5,000-gallon tank cars, 10,000-gallon tank cars, and 20,000-gallon tank cars.

Question. 4
Assume the car can be purchased for 0% down for 60 months (in lieu of rebate).
A car with a sticker price of $42,250 with factory and dealer rebates of $5,100
(a) Find the monthly payment if financed for 60 months at 0% APR. (Round your answer
to the nearest cent.)
$

(b) Find the monthly payment if financed at 2.5% add-on interest for 60 months. (Round
your answer to the nearest cent.)
$

(c) Use the APR approximation formula to find the APR for part (b). (Round your answer
to one decimal place.)

(d) State whether the 0% APR or the 2.5% add-on rate should be preferred.
0% APR2.5% add-on rate