1) The demand for circus tickets can be modeled as D(p)=-8p+82 hundred tickets where p is the price(in dollars) of a ticket. According to the model, what amount are consumers willing and able to spend purchase 7500 tickets?

2)Cash Machines. The number of minutes between arrivals of customers at an automated teller machine is exponentially distributed with a mean of 9 minutes. If a customer’s transactions take 9 minutes, what is the proability that the next arrival will have to wait?

3.) For the 2002 fiscal year, Lowe’s Companies, Inc., reported an annual net income of $1.023 billion. Assume the income can be reinvested continuously at an annual rate of return of 6.9% compounded continuously. also assume that Lowe"s will maintain this annual net income for the next 8 years. what is th future value of its 8 year net income? Round your answer to three decimal places.

would u please show the answer step by step…i want to know the way to do that. thx so much!

What the heck is "business calculus"? Is that where people do your homework problems for free?!!! What about a job for an unemployed mathematician here, hmm, mr. Big Business man!

1) D(p) = -8p + 82 is a (fictitious) demand function (in real life it is trickier to figure out the demand function.) for blocks of 100 tickets.

The model says the demand at price p is given by D(p), and it is asking you what price will result in D(p) = 75 blocks of 100 tickets.

So what you do is solve 75 = -8p + 82 by algebra. (This problem does not require derivatives or integration.)

75 = -8p + 82
-7 = -8p
p = -7/-8 = 0.875

It looks to me like your answer is $87.50. Look reasonable?