What is the measure of XY?
2 answers:
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Answer:
The cooking club sales covers the expenditure when 2 piece of cakes are sold.
Step-by-step explanation:
Given:
Selling price of each piece of cake = $10
Cost for booth at fair = $10
Ingredients for each piece of cake = $5
We need to find the number of pieces of cake sold when the sales cover the expenditures.
Solution:
Let the number of pieces be 'x'
So We can say that the point at which the sales cover the expenditures can be calculated as Selling price of each piece of cake multiplied by number of pieces will be equal to Cost for booth at fair plus Ingredients for each piece of cake multiplied number of piece of cakes.
framing in equation form we get;
Now Subtracting both side by '5x' using Subtraction property we get;
Now Dividing both side by 5 we get;
Hence The cooking club sales covers the expenditure when 2 piece of cakes are sold.
The final amount of the compound interest after 6 years would be $ 294, 122, 500
<h3>How to determine the final amount</h3>
The formula for the final amount is given as;
Where
A = final amount
P = principal interest
r = interest rate
n = number of times
t = time of periods
We have,
A =
A =
A = ×
A =$
Thus, the final amount of the compound interest after 6 years would be $ 294, 122, 500
Learn more about compound interest here:
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