PV=FV/(1+i)^t
FV=7000, i=3.5%=0.035,t=9
put everything in the formula
PV=7000/(1+0.035)^9
PV=$5136.12
Answer:
X intercept is (-1,0)
Y intercept is (0,2)
Step-by-step explanation:
Answer:
4V = 3U
Step-by-step explanation:
The final cost of a sale item is determined by multiplying the price on the tag by 75%.
Let us assume that the final cost of the sale item is V and the price on the tag is given by U.
Then the equation that best describes the function that represents the situation is 
⇒ 4V = 3U (Answer)
Answer:
Let's define the variables:
A = price of one adult ticket.
S = price of one student ticket.
We know that:
"On the first day of ticket sales the school sold 1 adult ticket and 6 student tickets for a total of $69."
1*A + 6*S = $69
"The school took in $150 on the second day by selling 7 adult tickets and student tickets"
7*A + 7*S = $150
Then we have a system of equations:
A + 6*S = $69
7*A + 7*S = $150.
To solve this, we should start by isolating one variable in one of the equations, let's isolate A in the first equation:
A = $69 - 6*S
Now let's replace this in the other equation:
7*($69 - 6*S) + 7*S = $150
Now we can solve this for S.
$483 - 42*S + 7*S = $150
$483 - 35*S = $150
$483 - $150 = 35*S
$333 = 35*S
$333/35 = S
$9.51 = S
That we could round to $9.50
That is the price of one student ticket.
