Answer:
6
Step-by-step explanation:
I presume you meant
What is the monthly payment on a 15-year loan of $72,700 if the annual interest rate is 12%?
1 answer:
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Answer:
The total profit from producing 50 wedding cakes is 2,150 dollars
Step-by-step explanation:
Stevens Bakery has found that its marginal profit, in dollars per wedding cake, is , where x is the number of wedding cakes produced
From the given information:
C'(x) = - 0.12 x + 40
Integrate both sides we get,
...... (1)
Substitute the value of x=50 wedding cakes in equation (1) as shown below:
=2,150 dollars
Hence, the total profit from producing 50 wedding cakes is 2,150 dollars.