The answer is c 10% of 89 is 8.9 so multiply by 3 you get 26.70
This can be solve using the formula:
F = P ( 1 + i)^n
where F is the money after n years
P is the initial amount of money
i is the annual interest rate
n is the time in years
since you deposit in 3 accounts P = 2200/3
F = ( 2200 / 3) ( 1 + 0.03)^6
F = $ 875.64 is the money each account earned after 6 years
Answer:
6,000 toothpicks
Step-by-step explanation:
In this question, we are trying to evaluate the number of toothpicks a company must sell to ensure that the money spent on production is exactly equal to revenue from sales.
What we do is this!
Let’s assign a variable to represent the number of tooth picks sold and produced by the company. Let us call this number x.
First, we evaluate the total amount spent on production of x toothpicks. From the question, we can see that the cost of producing a single toothpick is $0.01, hence, to produce x toothpicks, amount spent asides the fixed cost is $0.01 * x = $0.01x
Now, the total cost on production which includes the fixed cost of the company would be $(0.01x + 60). This is the total amount spent to produce the goods.
Now revenue from sales for x toothpicks at $0.02 each is $0.02x
Since we are looking to Breakeven, we equate the costs to the revenue.
0.01x + 60 = 0.02x
0.02x-0.01x = 60
0.01x = 60
x = 60/0.01 = 6,000 toothpicks
Angle aed has to be 80 since the two triangles share two of the same angles