Question

A company predicts that its yearly sales will be given by the formula N=20,000(0.08)^0.7^t find by algebraic means for what value of t N will equal 16,000

Answer 1

In your equation replace N with 16000

Answer 2

t = 1.23

Answer 3

sorry its t = 1.43

Answer 4

how did you get t to equal 1.43?

Answer 5

divide both sides by 20,000 first

Answer 6

0.8 = 0.8^0.7 t

Answer 7

so 1 = 0.7 t
therefore t = 1.43

Answer 8

Thank you!!!! I have some more if you could help me out

Answer 9

sure

Answer 10

Tour Service; you operate a tour service that offers the following rates:
-$200 per person if 50 people (the minimum number to book the tour) go on the tour
-for each additional person , up to a maximum of 80 people total, the rate per person is reduced by $2
It costs $6000 (a fixed cost) plus $32 per person to conduct the tour. HOw many people does it take to maximize your profit?

Let x equal the number of people about 50
R=Np and P= R-C
Use calculator to solve the problem

Answer 11

what is the question asking for ???

Answer 12

How many people does it take to maximize your profit?

Answer 13

You would at least need 80 people to maximize your profit

Answer 14

so then each person tickets will cost 160 and the total price for 80 people will be 12,800

Answer 15

how do you come to 80 people

Answer 16

sorry i dont think i understood the question right. can you please rephrase the question

Answer 17

thats how i was given it
let me try a different one

Answer 18

A person wishes to invest M dollars at the end of each month from January 2000 until the end of december 2003. if the account gives interest at the annual rate of 18% compounded monthly and the individual wishes to have $100,000 by the end of 2003, how much should be invested each month?

Answer 19

interest rate is 18 % yearly

Answer 20

interest is 18% compounded monthly

Answer 21

do you know how to solve this one?

Answer 22

3277.77 per month

Answer 23

how do you come to that answer

Answer 24

divide 100000/36 and then multiply that by .18

Answer 25

thats it?

Answer 26

I got 500 when i did that

Answer 27

i think