The answer is 3b2c, I'm not really sure but.......okay
Maria said," The 4 in 400,000 has a value of 400 THOUSANDS
the 4 has a value of four hundred thousands
Answer:
The revenue function is given as
R(x) = 500x - 0.8x²
Step-by-step explanation:
Given the Price equation
P = 500 - 0.8x
and the Cost equation
C(x) = 4x + 6000
The revenue function is given as
R(x) = xP
But P = 500 - 0.8x
So
R(x) = x(500 - 0.8x)
= 500×x - 0.8x×x
= 500x - 0.8x²
R(x) = 500x - 0.8x²
Given:
quarterly deposits of 2,000
8 percent compounded quarterly ⇒ 2% per quarter
4 quarters in 15 years = 60 quarters
Future Value = (1 + r) x P [{(1+r)^n - 1} / r]
FV = (1 + 0.02) x 2,000 [{(1 + 0.02)⁶⁰ - 1} / 0.02]
FV = 232, 665.14 Choice B.
