Sarah sells fruit trays at a salad shop. Last week, she sold 450 fruit trays for $8 per tray. In previous weeks, she found that
for every $0.85 increase in the price, she sold 15 fewer fruit trays. Which equation can be used to find Sarah's weekly sales income in dollars, y, after x price increases of $0.85?
Hi there The future value formula is Fv=pmt [(1+r)^(n)-1)÷r] Solve the formula for PMT PMT=Fv÷[(1+r)^(n)-1)÷r] So PMT=5,330÷(((1+0.08)^(24)−1)÷(0.08)) PMT=79.83