Answer: c) 300 copies
Step-by-step explanation:
Let x represent the number of copies that you must sell to break even.
You decide to market your own custom computer software. You must invest 3,255 for computer hardware,and spend 2.90 to buy and package each disk. This means that the total cost of producing each software would be
3255 + 2.9x
If each program sells for $13.75, it means that the total revenue from selling each software would be
13.75x
In order to break even, total cost would be equal to total revenue. Therefore,
3255 + 2.9x = 13.75x
13.75x - 2.9x = 3255
10.85x = 3255
x = 3255/10.85
x = 300 copies
Answer:
Price of a senior citizen ticket is $4 and price of a student ticket is $15 .
Step-by-step explanation:
Let us assume that the price a senior citizen ticket be x .
Let us assume that the price a student citizen ticket be y .
As given
The school that Jack goes to is selling tickets to a choral performance.
On the first day of ticket sales the school sold 9 senior citizen tickets and 8 student tickets for a total of $156.
Equtaions becomes
9x + 8y = 156
As given
The school took in $163 on the second day by selling 7 senior citizen tickets and 9 student tickets.
Equations becomes
7x + 9y = 163
Multipy 9x + 8y = 156 by 9 .
81x + 72y = 1404
Multiply 7x + 9y = 163 by 8 .
56x + 72y = 1304
Subtracted 56x + 72y = 1304 from 81x + 72y = 1404 .
81x - 56x + 72y - 72y = 1404 - 1304
25x = 100

x = $ 4
Putting value of x in the 56x + 72y = 1304 .
56 × 4 + 72y = 1304
224 + 72y = 1304
72y = 1304 - 224
72y = 1080

y = $15
Therefore the price of a senior citizen ticket is $4 and price of a student ticket is $15 .
Hello there! We are looking for the amount of total sales. To find the amount of total sales, we can write and solve a proportion. Set it up like this:
180/x = 3/100
We do this, because 180 is part of the whole, 3% is a part of 100%. This proportion will help us get to the correct answer. Let's cross multiply. 180 * 100 is 18,000. 3 * x is 3x. that makes 18,000 = 3x. Now, divide each side by 3 to isolate the x. 3x/3 cancels out. 18,000/3 is 6,000. Let's check this. 6,000 * 3% (0.030 is 180. 180 = 180. There. x = 6,000. The amount of sales is $6,000.
Base on my calculations, the answer is not in the choices given. First, we have to acknowledge that the interest rate given is not the effective interest rate instead it is called the nominal interest rate therefore we have to convert it first to an effective interest rate. We use the following formula:
Effective Interest rate = [[1 + (r/m)]^m] - 1 where r is the nominal interest rate and m is the number of compounding times
For this case, m is equal to 2 since it is compounded semianually.
Effective Interest rate = [[1 + (.12/2)]^2] - 1 = .1236
We then use the calculated effective interest rate to the formula for the Compound Interest Rate Formula.
Future Value = Present Value (1 + Effective interest rate)^(no. of years)Future Value = 3000 (1 + .1236)^( 3) = 4255.56 dollars