Hi there
The formula of the future value of annuity due is
Fv=pmt [(1+r)^(n)-1)÷r]×(1+r)
Fv future value?
PMT payment 9000
R interest rate 0.04
N time 75−51=24 years
So
Fv=9,000×((((1+0.04)^(24)−1)
÷(0.04))×(1+0.04))
=365,813.17
It's c
Hope it helps
Let the price of a ticket be originally T dollars, and the number of clients be N.
let the price decrease by x 3-dollars.
"there is an average increase of 4 people for every $3 decrease on the price of the ticket."
means:
if the price is decreased by 1-3$:
then N become N+4, and T becomes T-3
if the price is decreased by 2-3$:
then N become N+4+4=N+2*4, and T becomes T-3-3=T-2*3
So if the price is decrease by x-3 dollars:
N becomes N+4x, and T becomes T-3x
"A circus owner sells an average of 340 tickets when the price of a ticket is $75."
In this case N=340, and T=75$
If the owner does not change the price ticket, x=0, the revenue is 340*75,
If the owner decreases the price of the tickets by x-3$, then the revenue will be
(N+4x)(T-3x)=(340+4x)(75-3x) dollars,
If R is the function of the revenue depending on x, then
R(x)=(340+4x)(75-3x) dollars
Answer: R(x)=(340+4x)(75-3x) dollars
Answer:
Step-by-step explanation:
We can obtain that the dimensions of the rectangle are 7 by 5.
Since A = lw, the total area is 35.
