A quantity with an initial value of 240 grows exponentially at a rate of 9.5% every 2 decades. What is the value of the quantity
1 answer:
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Jose should charge $0.65 for each bag if he intends to sell the bag for $0.15 more than he paid.
<h3>How do we solve word problems?</h3>Mathematical problems dealing with word problems can be solved by arranging data given into variables and using the appropriate arithmetic operation to solve them.
From the given information:
If Jose bought a 750 bag of peanuts for $375.00. It means that he bought each bag(1 bag) for:
= $0.5
However, he intends to sell each bag for $0.15 more than he paid; Then the amount he should charge for each bag is:
=$0.5 + $0.15
=$0.65
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