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Ainat [17]
1 year ago
11

19. At a boardroom meeting, the sales manager is happy to announce that sales have risen from $850,000 to $1,750,000 at a

Mathematics
1 answer:
klasskru [66]1 year ago
3 0

The number of years it would take sales to reach $1,750,000 is 14.65 years.

<h3>What is the number of years?</h3>

The formula that can be used to determine the number of years it would take for the sales to reach $1,750,000 is:

Number of years : In (FV / PV) / r

Where:

  • FV = future level of sales -  $1,750,000
  • PV = present level of sales = 850,000
  • r = rate of growth -  4.931998%

Number of years : In ($1,750,000 / 850,000) / 0.04931998

Number of years : In (2.06) / 0.04931998

Number of years : 14.65 years

To learn more about how to determine the number of years, please check: brainly.com/question/21841217

#SPJ1

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Answer:

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Step-by-step explanation:

Let t = t-shirts and s = shorts.

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Since t-shirts cost $2, shorts cost $4, and the total sales was $456, we can set the equation 2t +4s = 456

So our two equations are:

t = 4s

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Since we have the number of shorts, we can plug that back into the 1st equation to find the number of t-shirts sold:

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There were 152 t-shirts sold.

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3 years ago
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