The answer that I got was 27, hope it helps
Answer:
Finish the question
Step-by-step explanation:
Answer:
<em>Since the profit is positive, Rebotar not only broke even, they had earnings.</em>
Step-by-step explanation:
<u>Function Modeling</u>
The costs, incomes, and profits of Rebotar Inc. can be modeled by means of the appropriate function according to known conditions of the market.
It's known their fixed costs are $3,450 and their variable costs are $12 per basketball produced and sold. Thus, the total cost of Rebotar is:
C(x) = 12x + 3,450
Where x is the number of basketballs sold.
It's also known each basketball is sold at $25, thus the revenue (income) function is:
R(x) = 25x
The profit function is the difference between the costs and revenue:
P(x) = 25x - (12x + 3,450)
Operating:
P(x) = 25x - 12x - 3,450
P(x) = 13x - 3,450
If x=300 basketballs are sold, the profits are:
P(300) = 13(300) - 3,450
P(300) = 3,900 - 3,450
P(300) = 450
Since the profit is positive, Rebotar not only broke even, they had earnings.
Answer:
a) The present value is 688.64 $
b) The accumulated amount is 1532.60 $
Step-by-step explanation:
<u>a)</u><u> The preset value equation is given by this formula:</u>
where:
- T is the period in years (T = 10 years)
- r is the annual interest rate (r=0.08)
So we have:
Now we just need to solve this integral.
The present value is 688.64 $
<u>b)</u><u> The accumulated amount of money flow formula is:</u>
We have the same equation but whit a term that depends of τ, in our case it is 10.
So we have:
The accumulated amount is 1532.60 $
Have a nice day!
