Compute the amount of interest earned in the following simple interest problem.
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<u>Answer-</u>
The equation is and Julianne will begin making a profit after 168 days.
<u>Solution-</u>
Julianne's start-up cost = $52,000,
Each day, she spends = $650,
and she earns = $960 per day,
If 'd' is the number of days to overcome the start-up and daily operation cost, then
total operation cost of d days = $650d and
total student lesson fees earned in d days = $960d
∴ The equation to represent the situation is,
∴ Julianne will begin making a profit,