At first you need to know total cost (875)(1.05)=918.75According to the fact that you have already paid for 7 months, we have to subtract 700=218.75 what still needs to be payedOn the 8 moth you have missed the payment so (218.75)(8/12), and remaining moths are nearly 145.83333To finish, multiply by the apr and you will get $20.78 interest charged. So, I am pretty sure that he answer is D.
Given:
Investment on equipment = $98,000
Cost of each unit = $12.20
Selling price of each unit = $16.98.
To find:
(a) The total cost C as a function of x.
(b) The revenue R as a function of x.
(c) The profit P as a function of x.
Solution:
Let x be the number of units produced and sold.
We have,
Fixed cost = $98,000
Variable cost = $12.20x
Total cost = Fixed cost + Variable cost

Therefore, the cost function is
.
Selling price of each unit = Revenue from each unit = $16.98.
Total revenue = Revenue from x units

Therefore, the revenue function is
.
Profit = Revenue - Cost




Therefore, the profit function is
.
<u>Given</u><u> </u><u>:</u><u>-</u>
- Line p has an equation of y = 5/3x - 4 .
- Line q includes point (-10,-3) and is perpendicular to the line p .
<u>To </u><u>Find</u><u> </u><u>:</u><u>-</u>
<u>Solution</u><u> </u><u>:</u><u>-</u>
The equation of the line p is ,
y = 5/3x - 4
On comparing to slope intercept form of the line which is y = mx + c , we have ,
m = 5/3
Now as we know that the product of slopes of two perpendicular lines is -1 . So the slope of the perpendicular line will be ,
Now here the line q passes through the point (-10,-3) . So on using the point slope form of the line we get ,
y - (-3) = -3/5[ x-(-10)]
y +3 = -3/5(x+10)
y+3 = -3/5x - 6
y +9 = -3/5x
y = - 3/5x - 9
<u>Hence</u><u> the</u><u> required</u><u> answer</u><u> is</u><u> </u><u>y </u><u>=</u><u> </u><u>-</u><u>3</u><u>/</u><u>5</u><u>x</u><u> </u><u>-</u><u> </u><u>9</u><u> </u><u>.</u>
Answer:
from the test I took it should be 50%