65% of the total expenses is for marketing, in which 500,000 is the total.
First, change the percentage into decimal
65% = 65/100 = 0.65
Next, to find the amount budgeted for marketing, multiply the total with the decimal
0.65 x 500000 = 325000
$325000 is used for marketing
hope this helps
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For the answer to the questions above,
A) Parrots are following a Geometric Progression of 15% increase.
20(1.15), 20(1.15)², 20(1.15)³,
Function = 20(1.15)^n Where n is at the end of year, n =1, 2, 3, ..
Snakes are increasing by 4.
28, 32, 36,....
Function = 24 + 4n n = number of end year, n =1, 2, 3,...
<span>B) After 10 years: </span>
Parrot = 20(1.15)¹⁰ = 80.91115471
Snakes = 24 + 4(10) = 64
<span>C) After what time they are the same: </span>
We use trial and error:
Test: n 20(1.15^n) (24 + 4n)
1 23 28
2 26.45 32
<span> 3 30.41 36 </span>
4 34.98 40
5 40.23 44
6 46.26 48
7 53.20 52
8 61.18 56
9 70.36 60
After year 7, the Parrots increases far more.
<span>At year 7 they are roughly the same.</span>
