The break even point is that where the total cost is equal to the total revenue. To determine the number of hours in which Quick Fix Inc. will have a breakeven, we have to equate the two equations and solve for the value of x,
400 + 220 x = 20x² + 160
The values of x from the equation are 12 and -1. Since, we do not have a negative for the number of hours, our answer is 12 hours.
Answer:
Step-by-step explanation:
<u>Step 1: Distribute</u>
Answer:
1. Total area of water = 352,000,000 + 9 * 10^6
= 352,000,000 + 9,000,000 = 361,000,000 = 3.61 * 10^8
Fraction of the surface covered by water = 3.61 * 10^8 / 5.1 * 10^8
= 3.61 / 5.1 = 0.707843 = 70.78 % to nearest hundredth of a percent.
Answer:
133
Step-by-step explanation:
Answer:
$ 65.13
Step-by-step explanation:
John deposits $25 at the end of each month in a savings account with 6.4% annual interest compounded monthly. What is his account balance at the end of 15 years? *
The formula for compound interest =
A = P(1 + r/n)^nt
Where
P = Initial amount deposited = $25
r = Interest rate = 6.4% = 0.064
n = number of times interest is compound = monthly = 12 times
t = time in years = 15 years
A = $25 × (1 + 0.064/12)^12 × 15
A = $65.13
His account balance at the end of 15 years is $65.13