The maximum value it going to be 12 which will be 16 in the end that is going to be corrrct
In this situation the revenue is the total sales you make before all expenses.
To find the profit: 3000 - 1500 - 500 = 1000.
Your profit is $1,000.
The nominal rate to plug in will be 0.085.
Given to us, the nominal rate is 8.5%,
The value to plug into your equation,
The equation can be simple interest or compound interest in both cases the value of the nominal rate to the plugin will be the same.
Thus, the nominal rate is 8.5% can be written as
![\begin{aligned}Nominal rate&= 8.5\%\\&= \dfrac{8.5}{100} \\&= 0.085\end{aligned}](https://tex.z-dn.net/?f=%5Cbegin%7Baligned%7DNominal%20rate%26%3D%208.5%5C%25%5C%5C%26%3D%20%5Cdfrac%7B8.5%7D%7B100%7D%20%5C%5C%26%3D%200.085%5Cend%7Baligned%7D)
Hence, the nominal rate to plug in will be 0.085.
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Answer:
16q + 32r
Step-by-step explanation: