Po = 2500
r = 6.9% = 0.069
t = 10
P = Po * e^(rt)
= 2500*e^(0.069*10)
=2500*1.994
=4984.289
=4984 or approximately 5000
It is probably a rectangle so u see the answer would make s eve but in your mind does it
Answer:
$ 22.6
Step-by-step explanation:
Given that
Price charged for each box of seeds = x
Profit gained from from selling boxes of seeds = p
The equation of profit is modeled as
P(x) = 0.5x² + 36x - 179
As per given information if the fundraisers make a profit of $379 then find the minimum price charged for each box of seed.
Now our above equation becomes
379 = -0.5x² + 36x - 179
Simplifying
379+179 = -0.5x² + 36x
558 = -0.5x² + 36x
0.5x² - 36x + 558 =0
multipying both sides of equation by 2
2(0.5x² - 36x + 558) = 2x0
x² - 72x +1116 = 0
Using quadratic formula we get the following factors
x= 49.4 or x= 22.60
As we can the smalles value is 22.6
So, they can charge 22.6 dollar for each bag of seeds in order to get profit of 379 dollars.