Jack's mom is purchasing thirteen tickets at a price of $11 each. This
equals a total of $143 in total spent. If Jack's mom has a credit card
limit of $500, then after purchasing $143 with the card, her available
amount to purchase additional things is $357. This impact on her
available credit is due to credit cards working on an available balance
system. When Jack's mom first received her credit card, a set balance or
total amount she could purchase with the card was set. In this example,
her total amount she could purchase with the card was $500. After her
purchase of the tickets for $143 was completed, she subtracted that
amount from her total available of $500 and that is why her available
amount to purchase is now $357.
Answer:
.25
Step-by-step explanation:
y2-y1/x2-x1
m = -1 / -4 = 0.25
X + x + 30 = 510
2x = 480
x = 240
there were 240 women and 270 men.
Answer:
240$
Step-by-step explanation:
we know that
The simple interest formula is equal to
I=P(rt)
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
Sandra
t = 1 year
I= $75
P= $2,500
r= ?
substitute in the formula above
75=2,500 (r(1))
solve for r
r=75/2,500)
r= 0.03
Convert to percentage form
r= 0.03 * 100 = 3%
Ron
t=1 year
I = ?
P= 8,000
r= 0.03
substitute in the formula of interest
I = 8,000(0.03 *1)
I = $240
Answer:
Price of widget to break even= $37.9
Step-by-step explanation:
We are told that the equation representing the amount of profit, y, made by the company, in relation to the selling price of each widget, x is;
y = -8x² + 348x - 1705
Now, the company will break even when it has made no profit. That is when, y = 0
Thus;
0 = -8x² + 348x - 1705
Rearranging,
8x² - 348x + 1705 = 0
Using quadratic formula ;
x = [-b ± √(b² - 4ac)]/2a
x = [-8 ± √(-348² - 4•1•1705)]/(2 x 8)
x = $5.63 or $37.87
We'll use $37.87 because it is the highest price for which no profit is made, and higher price means that we could sell least number of products to earn a certain amount of money.
We are told to approximate to nearest cent. Thus,
Price of widget = $37.87 ≈ $37.9
