Answer:
Step-by-step explanation:
We are given the following in the question:
Cost per unit = $59
Let x units of product be sold.
We have to write an expression the amount of money received (revenue R) from the sale of x units of the product.
Revenue:
- It is the total income and is obtained by multiplying the quantity of goods sold by the unit price of the goods.
Revenue =
is the required expression of revenue.
Line TU is 2 times OL, so 2(2x-14) = x+2.
4x-28 = x + 2
4x=x+30
3x=30
x=10
Answer:
Step-by-step explanation:
Let red candy weighs r and blue candy weighs b
<u>Total weight is 7 pounds:</u>
<u>Red costs $1.5 per pound, blue costs $2 per pound and total cost is $12</u>
We have two equations.
<u>Solve by elimination, double the first equation and subtract the second equation from the first:</u>
- 2r + 2b = 14
- 1.5r + 2b = 12
<u>Subtract and solve for r:</u>
- 2r - 1.5r = 14 - 12
- 0.5r = 2
- r = 4
<u>Find b using the first equation:</u>
<u>The answer is:</u>
- Mike had 4 pounds of red and 3 pounds of blue candies.
Answer:
$144,843.5
Step-by-step explanation:
In this problem we are going to apply the compound interest formula
A= P(1+r)^t
A = final amount
P = initial principal balance
r = interest rate
t = number of time periods elapsed
Given data
P= $27,000
R= 7.25%= 7.25/100= 0.0725
T= 24
A=27000(1+0.0725)^24
A= 27000(1.0725)^24
A= 27000*5.364
A= $144,843.5
In 24 years her account balance will be $144,843.5
