Find the amount of $8000 for 3 years,compounded annually at 5% per annum. Also ,find the compound interest
1 answer:
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Answer:
Step-by-step explanation:
If your mind works better in degrees than it does radians, as does mine, it will be beneficial to us to see what degree measure this angle is. Convert it to degrees using the fact that 180° = π:
degrees
Now that we know that, we can plot that angle in a coordinate plane. The terminal side of the angle lands in quadrant 2. To find the reference angle, we subtract 120 from 180 and get that the reference angle is 60 degrees, which is the same as π/3.
Answer:
Minimum number of units sold to make profit is equal to 20
Step-by-step explanation:
Revenue earned by the company as a function of number of units sold as x:
R(x) = 0.55x
Cost for selling units as a function of number of units sold as x:
C(x) = 10 + 0.05x
<em>Net profit earned by the company = (Revenue earned by the company) - (Cost of selling units)</em>
P(x) = (0.55x) - (10 + 0.05x)
P(x) = 0.55x - 10 - 0.05x
P(x) = 0.5x - 10
To earn profit the following condition should satisfy: P(x) ≥ 0
0.5x - 10 ≥ 0
0.5x ≥ 10
x ≥
x ≥ 20