Answer:
- 455 adult tickets
- 884 student tickets
Step-by-step explanation:
Let "a" represent the number of adult tickets sold. Then 1339-a is the number of student tickets sold. The revenue collected was ...
5a + 1(1339-a) = 3159
4a = 1820 . . . . . . subtract 1339, collect terms
a = 455 . . . . . . . . divide by 4; adult tickets sold
(1339-a) = 884 . . . . student tickets sold
455 adult tickets and 884 student tickets were sold.
2/10 is the correct answer
Answer:
FV= $634.12
Step-by-step explanation:
Giving the following formula:
Initial investment (PV)= $500
Number of periods (n)= 3*4= 12 quarters
Interest rate (i)= 0.08/4= 0.02
<u>To calculate the future value, we need to use the following formula:</u>
<u></u>
FV= PV* (1 + i)^n
FV= 500*(1.02^12)
FV= $634.12
