The first one is the same amount of points
Answer:
Option D
Step-by-step explanation:
The compounded interes formula states that:
V(t) = P (1 + r/n)^ (nt)
t = years since initial deposit = 3
n = number of times compounded per year 1
r = annual interest rate (as a decimal) = 4% / 100 = 0.04
P = initial (principal) investment = $500
Then V(t) = $500 ( 1 + 0.04/1)^3 = 562,43
So the correct answer is option D.
I think ordered pair D would be the correct one
Answer:
The correct answer would be, No of bracelets the company must sell to break even would be 15
Step-by-step explanation:
Revenue is given by the function as:
R(x) = 20x
and Cost is given by the function as:
C(x) = 180 + 8x
Let the function P(x) represent the profit earned.
We know that Profit is equal to Revenue - Cost
i-e
Profit = Revenue - Cost
So,
P(x) = R(x) - C(x)
Now substituting the Revenue and cost values in the above equation.
P(x) = 20x - (180 + 8x)
P(x) = 20x -180 -8x
P(x) = 20x - 8x -180
P(x) = 12x - 180
Now if we want to find out the break even point, we would consider profit as Zero, 0. So substituting 0 in the above equation for Profit, we will get:
0 = 12x - 180
12x = 180
x = 180/12
x = 15
So the break even point will be 15 bracelets.
