Answer:
In year 2013 annual maintenance done = $ 3,000,000
Out of this 85% is expected to renew in 2014 = = $2,550,000
Now Sales in 2013 = $3,000,000
60% of these sales = = $1,800,000
Now out of this 60%, 20% annual maintenance was expected to be paid
In 2014 = = $360000
So, Total annual maintenance in 2014 =
= $2,910,000
Answer:
Distance to appointment point = 5 miles
Step-by-step explanation:
Let s be the distance to the appointment point,
We have Maria drove to a business appointment at 50mph in the morning.
Time taken in the morning
Her average speed on the return trip in the afternoon was 40 mph.
Time taken in the afternoon
Given that the return trip took 1/4hr longer because of traffic.
That is
Substituting
Distance to appointment point = 5 miles