As per the problem
Jing spent of her money on a pack of pens.
of her money on a pack of markers.
and of her money on a pack of pencils.
Total fraction of money spent cab be given as below
Fraction of Money Spent =
Take the LCD of denominator, we get LCD of (3,2,8)=24
Fraction of Money Spent =
The equation is: and Julianne will begin making a profit after 168 days.
<em><u>Explanation</u></em>
Her total start-up cost is $52,000.
Each day, she spends $650 on operating costs (like utilities and wages) and she earns $960 per day from her students' lesson fees.
If the number of days to overcome the start-up cost is , then
the total operation cost spent in days
and
the total students' lesson fees earned in days
<em><u>Part A:</u></em> The equation to represent the situation will be:
<u><em>Part B:</em></u><em> </em><em> </em>Julianne will begin making a profit when....
So, Julianne will begin making a profit after 168 days.
Answer:
a. Mason's rent will increase by $302.40 next year.
b. Mason's new rent per month next year will be $445.20.
Step-by-step explanation:
The first question is asking us how much Mason's rent will increase next year.
If the contract on Mason's apartment states that his rent will increase by 6% next year, and he is currently paying $420 per month, to calculate the increase of the rent next year, we will first have to multiply $420 by 12 months to calculate how much Mason is paying in rent a year:
Therefore, Mason is currently paying $5040 a year.
With this information, we will now need to calculate 6% of $5040. To calculate 6% of $5040, convert 6% to decimal form, and multiply it by $5040.
<em>6% means 6 per cent/hundred, so it can be represented as:</em>
<em>The fraction </em><em> can be represented as (we're two places behind the decimal, in the hundredths place)</em>:
Now, multiply the decimal form of 6% by $5040:
Therefore, Mason's rent will increase by $302.40 next year.
-
To calculate Mason's new rent per month next year, we can divide $302.40 into 12 months to see the rent increase per month, and then add that quotient to Mason's current rent per month, $420:
÷
Now, that we know the rent per month will increase by $25.20 next year, we can add $25.20 to Mason's current rent per month:
Therefore, Mason's new rent per month next year will be $445.20.