On August 1, 2021, a company accepts an $8,000, 9-month note receivable. For 2021, the company reports interest revenue of $200.
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This is a quadratic equation, i.e. an equation involving a polynomial of degree 2. To solve them, you must rearrange them first, so that all terms are on the same side, so we get
i.e. now we're looking for the roots of the polynomial. To find them, we can use the following formula:
where is a compact way to indicate both solutions
and
, while
are the coefficients of the quadratic equation, i.e. we consider the polynomial
.
So, in your case, we have
Plug those values into the formula to get
So, the two solutions are
Answer: They can order from 0 to 449 bars, but no more.
Step-by-step explanation:
Given: The school band is ordering health bars to sell for a fundraiser. The company that sells the bars charges $0.40 per bar plus $20.00 for shipping regardless of the size of the order. The band must spend less than $200.00 on bars for the fundraiser.
The inequality below relates x, the number of bars that could be ordered, with the shipping costs and their spending requirements.
To solve for x, subtract 20 on both sides, we get
Divide 0.40 on both sides, we get
......... → the number of bars that could be ordered, with the shipping costs and their spending requirements must less than 450.
Thus, they can order from 0 to 449 bars, but no more.