What is 8640 minutes, in days?
2 answers:
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We have been given that on a coordinate plane a line with negative slope passes through points and
. We are asked to find the rate of the change of the function.
We know that slope represents rate of change of function.
We will use slope formula to solve our given problem.
Let and
.
Therefore, the rate of change of the given function is .
Answer:
l(n) = 80n + 520
Step-by-step explanation:
From the information given in the question, there is a relationship between the number of new policy sold, n, and earning, I
For 3 new policies, he earned $760
For 5 new policies, he earned $920.
The rate of change of IIya's earning with respect to number of new policy sales is
m = $160 / 2 policies
m = $80 / policy
The linear equation for the relationship is;
l(n) = mn + b
I(n) is Ilya’s weekly income which is a function of the number of new policies, n
m is the rate of change of I with respect to n
n is the number of new policies,
b is the intial function which is IIya's income when n equals zero
Recall, Ilya earns a commission of $80 for each policy sold during the week. (m = $80 per policy)
l(n) = 80n + b
To complete the relationship l, we need to calculate the initial value b.
For 3 new policies, he earned $760,
760 = 80(3) + b
760 = 240 + b
b = 760 - 520
b = 520
The final equation is l(n) = 80n + 520
From the final equation, we can deduce that Ilya’s weekly salary is $520 and he earns an additional $80 commission for each new policy sold.