The attached shows the profit in dollars for different combinations of orders (bought) and sales (sold). We assume that every left-over shirt is sold at half price ($6).
The number that goes in each cell of the table is ...
... profit = ($12 - cost per shirt)×(number sold) - (cost per shirt - $6)×(number unsold)
where ...
... "number sold" = min(number ordered, demand)
... "number unsold" = number ordered - number sold
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<em>Comment on the table</em>
Based on this table, I'd be inclined to order 200 shirts, as the profit is highest for all but the greatest and least demand, and there is never an actual loss. Of course, an order of 100 shirts guarantees a profit, so that may be preferred under some circumstances.
Assume 3 breads are all different, 3 meats are all different and 2 cheeses are all different. A sandwich contains a type of bread, a type of meat and a type of cheese. The number of different types of sandwiches that can be made is
The correct choice is (C).
Answer:
Brian has $776 more account in his account than Chris.
Step-by-step explanation:
Compound interest Formula:
= A-P
A= Amount after t years
P= Initial amount
r= Rate of interest
t= Time in year
Given that,
Brian invests $10,000 in an account earning 4% interest, compounded annually for 10 years.
Here P = $10,000 , r= 4%=0.04, t=10 years
The amount in his account after 10 years is
=$14802.44
≈$14802
Five years after Brian's investment,Chris invests $10,000 in an account earning 7% interest, compounded annually for 5 years.
Here P = $10,000 , r= 7%=0.07, t=5 years
The amount in his account after 5 years is
=$14025.51
≈$14026
From the it is cleared that Brian has $(14802-14026)=$776 more account in his account than Chris.