Given:
The last year sales = $288,000,000
Company increased its sales from last year to this year by 34%.
To find:
The this year's sales to the nearest million dollars.
Solution:
We have,
The last year sales = $288 million
The company increased its sales from last year to this year by 34%. So,
This year's sales
Therefore, this year's sales were 386 million dollars or $386,000,000.
Answer:
<em>The age at which both companies charge the same premium is 44 years</em>
Step-by-step explanation:
<u>Graph Solution to System of Equations</u>
One approach to solving systems of equations of two variables is the graph method.
Both equations are plotted in the same grid and we find the intersection point(s) of both graphs. Those are the feasible solutions.
The annual premium p as a function of the client's age a for two companies are given as:
Company A: p= 2a+24
Company B: p= 2.25a+13
The graphs of both functions are shown in the image below.
The red line indicates the formula for Company A and the blue line indicates the formula for Company B.
It can be seen that both lines intersect in the point with approximate coordinates of (44,112).
The age at which both companies charge the same premium is 44 years
