Please help thank you
1 answer:
You might be interested in
Answer:
$14,644.63
Step-by-step explanation:
To solve this problem we can use the compound interest formula which is shown below:
<em>P = initial balance </em>
<em>r = interest rate </em>
<em>n = number of times compounded annually </em>
<em>t = time </em>
<em />
First change 12% into a decimal:
12% -> -> 0.12
Lets plug in the values:
Tammy will own $14,644.63 after 8 years,
Let's focus on the given equation. The C represents the cost, while the x must be the number of tacos, which is what we're solving for. Since we're given the boundary that C must be 300, then the solution would be:
300 = x² - 40x + 610
x² - 40x + 310 = 0
Apply the quadratic formula where a = 1, b = -40 and c = 310. The roots of x are:
x = 29.49≈30
x = 10.51≈11
<em>Thus, she needs to sell either 30 or 11 tacos.</em>
300 = x² - 40x + 610
x² - 40x + 310 = 0
Apply the quadratic formula where a = 1, b = -40 and c = 310. The roots of x are:
x = 29.49≈30
x = 10.51≈11
<em>Thus, she needs to sell either 30 or 11 tacos.</em>