Joe borrowed $900 from Sam for six months. How much will Sam earn if he charges Joe a simple interest rate of 4 percent?
2 answers:
You might be interested in
function rule describes the amount of profit that will be made by the student council on the shirt sales is .
<u>Step-by-step explanation:</u>
Here we have , student council at Smith Valley High School is planning to sell t-shirts as part of a fundraiser using company A, the shirts cost $4.50 each. The student council has to pay the shirt company a design fee of $45. the shirts will be sold for $12 each. We need to find a function rule describes the amount of profit that will be made by the student council on the shirt sales . Let's find out:
Each shirt cost $4.50 . The student council has to pay the shirt company a design fee of $45. the shirts will be sold for $12 each , So the total amount of t shirt he sell is :
⇒ , where x is the number of t shirts !
Now , expenses is given by :
⇒ , where x is the number of t shirts !
So , Profit made is :
⇒
⇒
Therefore , function rule describes the amount of profit that will be made by the student council on the shirt sales is .