Question

The cost of producing key chain​s with the company logo printed on them consists of a onetime setup fee of $205.00 plus $0.70 for each key chain produced. This cost can be calculated using the formula C=205.00+0.70p, where p represents the number of key chains produced and C is the cost. Use the formula to calculate the cost of producing 1700 key chains

Answer 1

Simply add in the known information. To find the cost of 1700 key chains, substitute it for p in the equation, like this: C=205.00+0.70(1700) and solve.

Answer 2

C = 205 + 0.70p......when p = 1700

C = 205 + 0.70(1700)
C = 205 + 1190
C = 1395 <==