The answer is f(x)=16(1/4)^x
Step 1:
Add rent & car payments
=11,250+1422
=$12,672
Step 2:
to determine %, set up a proportion
12,672 is to his total of 39,600 as x is to 100
12,672/39,600 = x/100
cross multiply
(12,672)(100) = (39,600)(x)
1,267,200= 39,600x
divide both sides by 39,600
32%= x
OR
Alternative Step 2:
12,672 ÷ 39,600= 0.32
Alternative Step 3:
0.32 x 100 = 32%
or move decimal to the right 2 places
His rent and car payments are 32% of his earnings.
Hope this helps! :)
Answer: 102 copies
Step-by-step explanation:
4 minutes and 15 seconds are 4.25 minutes, so it will make 102 copies in that time
The top 4 firms have (23 +22 +18 +12)% = 75% of the market.
The 4-firm concentration ratio is 0.75 or 75%.