It depends on if the interest rate of 6% is nominal or not. The question doesn't specify. Let's assume that is is a nominal rate, compounded monthly.
Start with 100000 = x * a angle 132 at .5% per month
This becomes 100000 = x * (1-1.005^-132)/.005
Which becomes (100000(.005))/(1 - 1.005^-132) = x
So x is the PMT, which is 1036.70.
Answer:
0.58
Step-by-step explanation:
The first approach to solving the question above is to find the product of 0.3 and 0.4 thus:
Next step is to find the sum of 0.3 and 0.4 thus:
The final step is to find the difference between the two results. Thus:
Therefore, the product of 0.3 and 0.4 subtracted from the sum of 0.3 and 0.4 is 0.58
Answer:
4
Step-by-step explanation:
Easy
1/2+1/2=1 or 2/2
2/2+1/2= 3/2
3/2+1/2= 2
1/2*4=2
1/2+1/2+1/2+1/2=2
there are 4 halves in 2
Hope this helps
a. Write the cost function:: C(x) = 100x + 100,000 where x is number of guitars
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b. Write the revenue function:: R(x) = 300x where x is number of guitars
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c. Find the profit function.
Profit = Revenue - Cost
P(x) = R(x) - C(x)
P(x) = [ R(x) ] - [ C(x) ]
P(x) = [ 300x ] - [ 100x+100,000 ]
P(x) = 300x - 100x-100,000
P(x) = 200x - 100,000
The break even point is when the profit is 0 dollars. You don't lose any money. And you don't gain any money.
Solve 125x - 100,000 = 0
125x = 100,000
x = 800 (# of guitars made and sold)
