Answer:
-42 2/9
Step-by-step explanation:
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Answer:
Sarah's Store
Step-by-step explanation:
Answer:
To make a profit of at least $500 she must sell at least 12 necklaces
Step-by-step explanation:
Joyce rented a booth at a carnival at a cost of $95 to sell handmade beaded necklaces. The cost of making and packaging each beaded necklace was $15. If Joyce sells the beaded necklaces at $35 each then we have to find beaded necklaces she sell to make a profit of at least $500.
The costs side of the equation, we have:
Let no. of necklaces that she sell are x
∴ The cost of making and packaging x beaded necklace is $15x
Total Cost = 95+15x
Now, Joyce sells the beaded necklaces at $35 each. Therefore, selling price will be $35x
To make a profit of at least $500 the equation can be written as


⇒ 
Hence, to make a profit of at least $500 she must sell at least 12 necklaces
P = $70, p = 2.5% = 0.025
q = 1 + 0.025 / 12 = 1.002
Future value of a periodic deposit:
A = P · q · ( q^30 - 1 ) / ( q - 1 )
A = 70 · 1.002 · ( 1.002^30 - 1 ) / ( 1.002 - 1 )
A = $2,166
Answer:
He will have $2.166 in 30 months.
Just divide 28 by 4 and get 7. It`s obvious