1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dem82 [27]
3 years ago
14

Korey’s comic book store has been up and running for 4 years. Korey feels that his store has been successful and is considering

moving to a larger property to allow for greater inventory and customer opportunities in his business. He would like investors to cover the cost of his expansion.
The profits of Korey’s comic book store for its first four years are outlined below. According to this information, what would be the best estimate for Korey to quote as expected profits in the next year in his new business plan?
Year
Net Profits
1
$14,250.00
2
$15,390.00
3
$16,621.20
4
$17,950.90
5


a.
$20,550.19
b.
$19,090.90
c.
$19,280.60
d.
$19,386.97
Mathematics
2 answers:
Inessa05 [86]3 years ago
8 0
Year      Net Profit
1            <span>$14,250.00
2            $15,390.00
3            $16,621.20
4            $17,950.90</span>2

We need to get the increase of the net profit of the current year from the previous year.

Percentage increase = (Current year - Previous Year)/ Previous Year    * 100%

Year 2:  (15,390 - 14, 250) / 14,250   * 100% = 0.08 * 100% = 8%
Year 3: (16,621.20 - 15,390) / 15,390 * 100% = 0.08 * 100% = 8%
Year 4: (17,950.90 - 16,621.20) / 16,621.20 * 100% = 0.08 * 100% = 8%

Every year the net income increases by 8%. So, the net income in Year 5 will be:

17,950.90 x 1.08 = 19,386.97  Choice D.

ira [324]3 years ago
6 0
D. $19,386.97 is the right answer
had it on a test
You might be interested in
If it takes 10 women 8 days to make 3 treehouses, how many days does it take 6 women to make 36 treehouses
umka2103 [35]

Answer:

160 days

Step-by-step explanation:

If it takes 8 days with 10 women to make 3 tree houses, then the rate of woman per tree house is 3/80. Multiplying this by 6 and dividing by 36, you get a rate of 1/160 or 160 days. Hope this helps!

6 0
3 years ago
Write the equation of the line with slope =7 and y- intercept= -1​
Aliun [14]

Answer:

y = 7x - 1 is the answer to the question

4 0
2 years ago
I really need help please help me out!
creativ13 [48]
I should say b or c
7 0
3 years ago
What’s 3 times 72 in expanded Form?
Dominik [7]

200+ 10 + 6= 216

...........................................

4 0
3 years ago
Read 2 more answers
Given that x and y are positive integers, solve the equation x² - 4y² = 13​
zvonat [6]
<h3>Answer:  x = 7 and y = 3</h3>

=====================================================

Explanation:

Apply the difference of squares rule

x² - 4y² = 13

x² - (2y)² = 13

(x - 2y)(x + 2y) = 13

Since x and y are positive integers, this means x-2y and x+2y are both integers as well.

The value 13 is prime. Its only factors are 1 and 13

Since the above equation shows 13 factoring into x-2y and x+2y, then we have two cases:

  • A) x-2y = 1 and x+2y = 13
  • B) x-2y = 13 and x+2y = 1

----------------

Let's consider case A

We have this system of equations

\begin{cases}x-2y = 1\\x+2y = 13\end{cases}

Add the equations straight down

  • x+x becomes 2x
  • -2y+2y becomes 0y = 0 which goes away
  • 1+13 becomes 14

Therefore we have 2x = 14 solve to x = 7

From here, plug this into either equation to solve for y

x-2y = 1

7 - 2y = 1

-2y = 1-7

-2y = -6

y = -6/(-2)

y = 3

You should get the same result if you used x+2y = 13

----------------

Since we've found that x = 7 and y = 3, notice how case B is not possible

Example:  x-2y = 13 becomes 7-2(3) = 13 which is false.

Also, x+2y = 1 would turn into 7+2(3) = 1 which is also false.

-----------------

Let's check those x and y values in the original equation

x² - 4y² = 13

7² - 4*(3)² = 13

49 - 4(9) = 13

49 - 36 = 13

13 = 13

The answer is confirmed.

4 0
2 years ago
Other questions:
  • The measure of one of the acute angles in a right triangle is given. find the measure of the other acute angle
    6·1 answer
  • If there were 80 million cars in 1 year how many cars would there be in year 3 compared to year 3
    10·2 answers
  • Fill in the blanks to make each equation true.
    6·2 answers
  • Help! Please answer!! Wil mark Brainiliest!
    6·1 answer
  • Complete the equation of the graphed linear function. Write the slope in decimal form. y = x + The graph of the function goes th
    7·1 answer
  • X=?? hurry!! will give brainliest
    10·2 answers
  • Y=hx+s solve for the equation for h
    13·2 answers
  • What of b is a solution to this equation? 6b=6 <br><br> A) b=1 B)b=8
    9·1 answer
  • A study will be conducted to investigate whether there is a difference in mean tail lengths between two populations of snow leop
    11·1 answer
  • This table shows a linear relationship.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!