Joanne deposits $4,300 into a one-year CD at a rate of 2.3%, compounded daily.
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The price of one ticket is $ 62.2
<h3><u>Solution:</u></h3>Given that a performer expects to sell 5000 tickets for an upcoming event
They want to make a total of $ 311, 000 in sales from these tickets
<em><u>To find: price of one ticket</u></em>
Let us assume that all tickets have the same price
Let "a" be the price of one ticket
So the total sales price of $ 311, 000 is obtained from product of 5000 tickets and price of one ticket
Thus the price of one ticket is $ 62.2