Answer: 48 sold-out performances must be played in order for you to break even.
Step-by-step explanation:
Let x represent the number of sold-out performances must be played in order for you to break even.
You invest in a new play. The cost includes an overhead of $30,000, plus production costs of $2500 per performance. This means that the total cost of x sold out performances would be
2500x + 30000
A sold-out performance brings you $3125. This means that he total revenue from x sold out performances would be
3125x
To break even, cost = revenue
Therefore,
2500x + 30000 = 3125x
3125x - 2500x = 30000
625x = 30000
x = 30000/625
x = 48
The probability that the result is green - tail is 1/6.
Spinner has three colors that are red, green and yellow and coin has two sides that are head or tail.
<h3>What is the formula for probability?</h3>
Divide the number of events by the number of possible outcomes
The sample space is,
In total there are 6 ways to combine different colors with coin sides.
Therefore ,the probability that the result is green - tail is 1/6.
To learn more about the probability visit:
brainly.com/question/25870256
The answer would be .81 becuase you can't round the 1 up to 2 becuase the number in the thousandths place is not above 5.
Hope this helps!!
Answer:
2/5m - 1/5
Step-by-step explanation:
2(1/5m - 2/5) + 3/5
= 2/5m - 4/5 + 3/5
= 2/5m - 1/5
Answer:
$7153.03
Step-by-step explanation:
To find the total amount after 3 years, we can use the formula for compound tax:
P = Po * (1+r/n)^(t*n)
where P is the final value, Po is the inicial value, r is the rate, t is the amount of time and n depends on how the tax is compounded (in this case, it is semi-annually, so n = 2)
For our problem, we have that Po = 5000, r = 12.3% = 0.123, t = 3 years and n = 2, then we can calculate P:
P = 5000 * (1 + 0.123/2)^(3*2)
P = 5000 * (1 + 0.0615)^6
P = $7153.029
Rounding to the nearest cent, we have P = $7153.03
