Answer:
First and Second option choices
Step-by-step Explanation:
1st case:
Initial deposit (P) = 500
Annual interest rate (r) = 2.5%
Account balance after x years, y = P(1+r/100)×
y = 500(1+2.5/100)×
y = 500(1+0.025)×
y = 500(1.025)×
2nd case:
Initial deposit (P) = 400
Annual interest rate (r) = 2%
Account balance after x years, y = P(1+r/100)×
y = 400(1+2/100)×
y = 400(1+0.02)×
y = 400(1.02)×
Since 1 Euro is 1.321 in American money you must convert the value to $200
Divide 200 by 1.321
you get
151.40 in Euros
The two black circles represents "The selling prices that produces no profit." If the selling is 10, the profit is 0. If the selling price is 60, the profit is 0.
The selling price that provides the maximum profit is represented by the red dot. It is between the selling price of 30 and 40. Its maximum profit is equal to 12,000.
Answer:
x=20
Step-by-step explanation:
