$750 are deposited into an account quarterly for eight yeara at an interest rate of 7.9% compounded quarterly how much is in the
1 answer:
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The equation is: and Julianne will begin making a profit after 168 days.
<em><u>Explanation</u></em>
Her total start-up cost is $52,000.
Each day, she spends $650 on operating costs (like utilities and wages) and she earns $960 per day from her students' lesson fees.
If the number of days to overcome the start-up cost is , then
the total operation cost spent in days
and
the total students' lesson fees earned in days
<em><u>Part A:</u></em> The equation to represent the situation will be:
<u><em>Part B:</em></u><em> </em><em> </em>Julianne will begin making a profit when....
So, Julianne will begin making a profit after 168 days.