Answer:
I don't know this answer please help hand
The formula for exponential growth is written as y = a(1 + RATE)^time
where a is the starting value, rate is the percentage of growth written as a decimal and time in this case would be the number of days.
You are given the growth rate as 11% and the starting day was day 1.
Since the table only goes to 10 days, you can use 10 as the time, or use X as an exponent if you need to calculate more than 10 days.
Using all this information, the formula becomes y = 1(1.11)^10 for 10 days or y = 1(1.11)^x for any number of days needed.
Answer:
<h2>32.25 necklaces</h2>
Step-by-step explanation:
Given that the expected profit upon deduction of booth rent and material cost is at least $300
Given
let the number of necklaces be x
booth rent= $200
The cost of materials for the necklaces = $4.5x
the selling price for all the necklaces =$20x
total expenses= booth rent+cost of material = 200+4.5x
profit = selling price -total expenses
20x-300>200+4.5x+
B. the possible solution is the value of x i.e the number of necklaces to
be sold to make a profit of $300
20x-300>200+4.5x
20x-4.5x=200+300
15.5x=500
x=500/15.5
x=32.25
The Jewelry artist must have to sell a total of approximately 32.25 necklaces