Need help quickly! The equation A = 1300(1.02)^7 is being used to calculate the amount of money in a saving account. What does 1
.02 represent in this equation?
2 answers:
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The drama club receives $7 for each ticket that they sell.
Step-by-step explanation:
Given,
Amount received by school = x dollars
Amount received by school for 96 tickets = 96x
Amount received by drama club = remaining amount after school
Total amount of 96 tickets = 96x+672
Here,
96x is the share of school
672 is the share of drama club for 96 tickets.
Therefore;
96 tickets = dollars
1 ticket =
1 ticket = 7 dollars
The drama club receives $7 for each ticket that they sell.
Keywords: division, addition
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