Step-by-step answer:
The steps are much easier to follow when we know how many product it sells. The number does not really matter, because we need the profit per item.
Say, the company made and sold 100 items of the product.
The revenue = 100*5 = $500.
On the average, 2 out of 100 are defective and need to be replaced at a cost of $100 each, so
replacement cost = 2* 100 = 200
So net profit for 100 items = $500 -$200 = $300
Net profit for each item = $300/100 = $3.00
Remark: since the product is replaced, no refund is necessary, so revenue stays at $300.
1024
/ \
32 32
/ \ / \
8 4 8 4
/\ /\ /\ /\
(2) 4 (2) (2)(2) 4 (2) (2)
/\ /\
(2)(2) (2)(2)
2x2x2x2x2x2x2x2x2x2 or 2^10
*(There wasn’t a little 10 to use so I just put 2^10 which is two to the tenth power)
<span>1) If you invest $2,000.00 at a rate of 4% APR for 3 months and the interest is compounded monthly then in 3 months.It will be worth $2,020.07.
So subtracting $2,000 from $ 2,020.07
we get.
<span>$20.07
2) </span></span><span>I = Prt </span>
<span>I = 4,000 * 0.05 </span>
<span>I = $200
</span><span>200 / 10 = 20 hours of work</span>
Answer:
Not a function because it does not pass the Vertical Line Test.
