Tanya runs a catering business. Based on her records, her weekly profit can be approximated by the function, where x is the numb
er of meals she caters. If f (x) is negative, it means that the business has lost money. What is the least number of meals that Tanya needs to cater in order to have profit?
1 answer:
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Answer:
$693
Step-by-step explanation:
Catherine invested a principal of $1,650 in her bank account with;
interest rate of 3.1%
How much interest did she earn in 14 years?
To find the amount accumulated in the 14 years, we use the formula:
A = P(1 + rt)
Where A is the amount accumulated, P is the principal, r is the interest rate and t is the time.
A = $1650(1 + (14))
A = $1650 + $693 = $2343
Interest = Amount (A) - Principal (P) = $2343 - $1650 = $693