Solve the problem.The Acme Class Ring Company designs and sells two types of rings: the VIP and the SST. They can produce up to 24 rings each day using up to 60 total man-hours of labor. It takes 3 man-hours to make one VIP ring and 2 man-hours to make one SST ring. How many of each type of ring should be made daily to maximize the company's profit, if the profit on a VIP ring is $40 and on an SST ring is $35?
A. 16 VIP and 8 SST
B. 14 VIP and 10 SST
C. 18 VIP and 6 SST
D. 12 VIP and 12 SST
Answer: D
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Solve the problem.When P dollars is invested at interest rate i, compounded annually, for t years, the investment grows to A dollars, where A = P(1 + i) t . Find the interest rate i if $2420 grows to $3550 in 2 years. Round your answer to the nearest hundredth of a percent.
A. 10.56 % B. 46.69 % C. 21.12 % D. 23.35 %
Write the requested fraction in lowest terms.A company produces 600 computer chips on a particular day. Quality-control inspectors discover 12 defective chips. What fraction is defective? What fraction is not defective?
A. 
, 
B. 
, 
C. 
, 
D. 
, 
Solve the equation.35t + 2 = 10t + 12
A. 
B. - 
C. 
D. 
Solve the problem. Round your answer to three decimals.What annual rate of interest is required to triple an investment in 4 years?
A. 15.804% B. 27.465% C. 18.921% D. 31.607%