A credit card company charges 24.99% annually for its interest rate
Total balance = 2450
we have to find the interest which would be charged in dollars
So to find the interest which would be charged in dollars we have to multiply total balance by the interest rate which is 24.99 and then divide it by hundred
so our interest comes = 2450*24.99/100 which comes out to be 612.255
If you do the calculations and have in mind the data given then we may say that 1) The company must sell 250 cameras in one day and 2) If the manufacturer increases the production by 50 then the profut would be 400. Your option is the first one, option A
