If a company sells red, blue, and white tents at a ratio of 5:3:1 and they sell 1,350 tents in one month,
2 answers:
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The linear equation to model the company's monthly expenses is y = 2.5x + 3650
<em><u>Solution:</u></em>
Let "x" be the units produced in a month
It costs ABC electronics company $2.50 per unit to produce a part used in a popular brand of desktop computers.
Cost per unit = $ 2.50
The company has monthly operating expenses of $350 for utilities and $3300 for salaries
We have to write the linear equation
The linear equation to model the company's monthly expenses in the form of:
y = mx + b
Cost per unit = $ 2.50
Monthly Expenses = $ 350 for utilities and $ 3300 for salaries
Let "y" be the total monthly expenses per month
Then,
Total expenses = Cost per unit(number of units) + Monthly Expenses
Thus the linear equation to model the company's monthly expenses is y = 2.5x + 3650
Answer:
The correct option is (A) $304.47.
Step-by-step explanation:
The formula to compute the future value (<em>FV</em>) of an amount (A), compounded daily at an interest rate of <em>r</em>%, for a period of <em>n</em> years is:
The information provided is:
A = $300
r% = 1.48%
n = 1 year
Compute the future value as follows:
Thus, the balance after 1 year is $304.47.
The correct option is (A).