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Mathematics 12 Online
OpenStudy (anonymous):

**Help Please** A salmon farm has seen its sales decrease by an average of 4 percent per year from a high of 15 million pounds in 2007. During the same period, it has increased its prices by an average of 6 percent per year from $1.50 per pound in 2007. Determine how many pounds of salmon the farm sold in 2009. Then calculate the difference between dollars earned from sales in 2009 and dollars earned from sales in 2007. Round your figures to the nearest cent.

OpenStudy (anonymous):

ok

OpenStudy (anonymous):

I'm ready

OpenStudy (anonymous):

ok so 100%-4%=96%

OpenStudy (anonymous):

ok

OpenStudy (anonymous):

Determine how many pounds of salmon the farm sold in 2009. 15,000,000---->2007 0.96*15,000,000=14,400,000---->2008 0.96*14,400,000=13,824,000---->2009

OpenStudy (anonymous):

Thank can I ask you for help tomorrow?

OpenStudy (anonymous):

100%+6%=106% Then calculate the difference between dollars earned from sales in 2009 and dollars earned from sales in 2007. Round your figures to the nearest cent. $1.50——> 2007 1.06*$1.50=$1.59——> 2008 1.06*$1.59=$1.6854 rounds to $1.69——> 2009

OpenStudy (anonymous):

@firesquad ok

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