Answer: $95
Step-by-step explanation:
Te new price will be 90 + 5x, if the price increases "x" times
The number of wind chimes sold per month will become 140 - 7x

Therefore, if the price becomes (90 + 5(1)) = $95 per wind chime, then the revenue will be maximum
Use the formula i = p*r*t:
$456
$456 = $1600*r*6. Solving for r, r = ----------------- = 0.0475, or 4 3/4%
($1600)(6)
We need to determine the term life insurance amount per thousand on a 22-year-old female for a 5-year policy given that the face value of the policy is $600,000 and the annual premium is $1332.
Since we are supposed to find the term life insurance amount per thousand, therefore, we will use the following formula:

Upon substituting the values of annual premium and face value of insurance, we get:

Therefore, the required life insurance amount is $2.22.
Answer:
x= -1 y= -1
Step-by-step explanation: