To the total amount of money that a dealer spent is $7 + $9 or %16. His revenue from selling the same articles is $8 + $10 which is equal to $18. The profit is the difference between the total revenue and total cost.
profit = $18 - $16 = $2
Thus, the dealer has a profit of $2.
Answer:
64
Step-by-step explanation:
An equal sign is a symbol in mathematics.
It is to indicate that the given terms are <span>equal.
It is also used to </span>indicate a mathematical <span>equality.
An equal sign looks like ( </span>
) this.
Answer:
FV(p)= PV*(1 + g)^t
Step-by-step explanation:
Giving the following information:
Number of insects (PV)= 1,500
Increase rate= 3 weekly
<u>First, we need to calculate the daily growth rate:</u>
Daily rate (g)= [3^(1/7)] - 1
Daily rate (g)= 0.16993
<u>Now, by using the following formula, we can determine the population p in any given day t:</u>
FV(p)= PV*(1 + g)^t
<u>For, example after 7 days:</u>
FV(p)= 1,500*(1.16993^7)
FV(p)= 4,500
<u>For example, after 10 days:</u>
FV(p)= 1,500*(1.16993^10)
FV(p)= 7,206
