hello,
the first term is 250 so this is the initial invested amount

is to compute 8% annual interest compounded monthly (there are 12 months in a year)
and then multiply by 4 means that it is computed for 4 years so
finally the answer is
$250 is invested at 8% annual interest compounded monthly for 4 years
hope this helps
Answer:
<em>The answer resides in the explanation.</em>
<em>Pls rate as brainliest </em>
Step-by-step explanation:
The predicted useful life of a brand A cutting tool when the speed is 45 meters per minute is 1.2 to 5.5 hours.
The predicted useful life of a brand B cutting tool when the speed is 45 meters per minute is 3.4 to 5.4 hours.
The prediction interval for brand A is larger than the prediction interval for brand B because the estimated standard error of y^ is different for the two intervals.
The prediction intervals are both larger than the corresponding confidence intervals.
The standard error for the estimated mean value of y is smaller than the standard error for the predicted value of y.
The predicted useful life of a brand A cutting tool that is operated at 100 meters per minute is -0.59 hours
The actual predicted useful life of a brand A cutting tool when the speed is 100 meters per minute is 0.0 to 2.3 hours.
Answer:
x = 1178 games
Step-by-step explanation:
Let the number of games = x
Let the total cost = Tc
Let the total revenue = Tr
Given the following data;
Investment = $10,000
Cost of each game = $1.50
Selling cost = $9.99
Total cost, Tc = (Cost of each game * Number of games) + Investment
Tc = 1.50x + 10000
Total revenue, Tr = Selling cost * Number of games
Tr = 9.99x
Breakeven point is when total cost is equal to total revenue;
Tc = Tr
x = 1177.86 ≈ 1178 games.
<em>Therefore, the number of games that must be sold before the business breaks even is 1178 games. </em>