Answer: The balance in the account after 10 years is $3374.65
Step-by-step explanation:
The exponential equation for growth [ compounded continuously] is
, where P= Present value
r= growth rate ( in decimal)
t= time (years)
By considering the given information , we have
p=$2500 r = % =0.03 and t= 10
Substitute all the values in the above equation , we get
[Round to the nearest cent]
Therefore, the balance in the account after 10 years is $3374.65
<u>Information:</u>
Fixed Cost = $32,634
Variable Cost = $8.75 per book.
Selling Price = $24.50 per book.
<u>Define x:</u>
Let x be the number of books sold.
<u>Construct Equation:</u>
For production cost to be equal auto money from sales:
⇒ 24.5x = 32634 + 8.75x
<u>Solve x:
</u>
24.5x = 32634 + 8.75x
Take away 8.75x from both sides:
15.75x = 32634
Divide both sides by 15.75:
x = 2072
Answer: The publisher must sell 2072 books.
Answer:
1/3
Step-by-step explanation:
1/2 James' fraction of Michael
2/3 Trina's fraction of James
1/2 x 2/3 = 1/3
Answer:
Step-by-step explanation:
The diameter of a circle is twice the radius, so the statement is false.
That would be 4/6, or 2/3 simplified. As a percent, that would be 66%.
I hope this answer helped you! If you have any further questions or concerns, feel free to ask! :)
