Answer:
D
Step-by-step explanation:
The question says 6 is greater than x. That means that 5 is the highest it can go and it can not get any higher so you have to go backwards.
We are given with an initial deposit of $20,000 and a future worth of <span>$35,000. In this case, we are asked for the return of income (ROI) of the investment. in this case, we assume the number of years equal to 1. hence,
</span>$35,000 = <span>$20,000* (1+i) ^1
</span>i or ROI then is equal to 0.75
Answer:
x = 1178 games
Step-by-step explanation:
Let the number of games = x
Let the total cost = Tc
Let the total revenue = Tr
Given the following data;
Investment = $10,000
Cost of each game = $1.50
Selling cost = $9.99
Total cost, Tc = (Cost of each game * Number of games) + Investment
Tc = 1.50x + 10000
Total revenue, Tr = Selling cost * Number of games
Tr = 9.99x
Breakeven point is when total cost is equal to total revenue;
Tc = Tr
x = 1177.86 ≈ 1178 games.
<em>Therefore, the number of games that must be sold before the business breaks even is 1178 games. </em>