Answer:
josh types the fastest then May and then tyler
Answer:
Simple: 6000
Compound: 6050
Difference: 50
Step-by-step explanation:
Simple interest formula: A = P(1+rt), where A = final amount, P = initial amount, r = rate, and t = time. Plug our values in to get
A = 5000(1+10% * 2)
convert 10% to a decimal by dividing by 100 and plug that in
10% = 0.1
5000(1+0.1*2) = 5000(1.2) = A = 6000
Compound interest formula: A = P(1+r)^t
Plug our values in
5000(1+0.1)^2 = 6050
Difference = 6050 - 6000 = 50
Answer:
Step-by-step explanation:
Quotient of two numbers also means the result of the two numbers after division.
If the quotient of a number t and 4.2 is at most 15., this can be expressed using the inequality;
<em>(note that at most 15 means that the highest value we can have is 15 after taking the quotient of the number hence the reason of the inequality sign.)</em>
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On solving the inequality for the variable t
<em>Hence t is at most 63</em>
Answer:
Gross profit formula= 3x
x= number of units sold
Step-by-step explanation:
Giving the following information:
Unitary variable cost= $2
Selling price per unit= $5
<u>To calculate the profit earned, we need to use the unitary contribution margin formula</u>. The contribution margin is a product's price minus all associated variable costs (sales- variable costs), resulting in the incremental profit earned for each unit sold.
Unitary contribution margin= 5 - 2 = 3
<u>Now, the profit formula:</u>
Gross profit formula= number of units*unitary contribution margin
Gross profit formula= 3x
x= number of units sold
Answer:
Step-by-step explanation:
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