B I might be wrong cause i can’t tell if that’s B but the 3rd box
Answer:
7.405882353 years
Step-by-step explanation:
Simple interest is
A = P(1+rt)
Where A is the amount in the account
P is the principle invested
r is the rate and
t is the time
6593.75 = 5000( 1+ .0425*t)
Divide each side by 5000
6593.75/5000 = ( 1+ .0425*t)
1.31475 = ( 1+ .0425*t)
Subtract 1 from each side
.31475 = .0425t
Divide each side by.0425
.31475/.0425 = .0425t/.0425
7.405882353 = t
7.405882353 years
Answer: the first option is the correct answer.
Step-by-step explanation:
Let x represent the number of necklaces that he makes in a year.
Profit = Revenue - cost
The cost of making each necklace is $5. In making necklaces in a year, the fixed cost is $5000. This means that the total cost of making x necklaces in a year is
5x + 5000
Sam sells each necklace for $10 each. This means that the total amount made from selling x necklaces is $10x.
For Sam to make profit of $1000 in a year, the number of necklaces that she must sell would be
1000 = 10x - (5x + 5000)
1000 = 10x - 5x - 5000
10x - 5x = 1000 + 5000
5x = 6000
x = 6000/5
x = 1200
