He uses 2/3 of a gallon each hour he works.
To get how many customers Sam has, write an equation that will relate to the gross profit. Let n be the customers. Since for 52 weeks, Sam charges $25 per week per person, multiply n by the number of weeks and the charge. The equation is written as $88,400 = 52 weeks x $25 per week x n persons. Divide $88,400 by the product of 52 weeks and the $25 charge. The answer will be 68. The annual operating expense $48,000 is just there to make confusion.
Answer:
$1456.25
Step-by-step explanation:
Given data
P= $1,250
t= 3 years
r=5.5%
The compound interest expression is given as
A= P(1+r)^t
substitute
A= 1250(1+0.055*3)
A= 1250(1+ 0.165)
A= 1250(1.165)
A= 1456.25
Hence the amount after 3 years is $1456.25
Answer:
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