Question

Wyco sponsors all of the music events at memorial stadium. In return received $10,000 per event. If the stadium hosts 16 concert during the year, how much revenue does it receive from WYCo?

Answer 1

The answer is: $160,000

The explanation is shown below:

1. Based on the information given in the problem above, it receives $10,000 per event.

2. Then, if the stadium hosts 16 concerts during the year, you only need to multiply  $10,000 by 16 concerts to calculate the revenue asked in the exercise.

3. Let's call the revenue received: $x$. Then, you have:

$x=(10,000)(16)\\x=160,000$

4. Therefore, the answer is: $160,000