(a) Bob wants to open a new fastfood shop. He estimates he needs to spend at least $100,000 on renovation and buying commercial kitchen appliances. The average running cost per customer (for food, staff salary, etc.) is $7. Each customer spends $15 on average.

(i) If the number of customers is n, write down the cost function and revenue function as functions of n.

(ii) Determine the minimum number of customers for the business to breakeven.

(iii) Bob has to borrow $100,000 from a bank with interest rate of 3% p.a. with interest payable monthly. If Bob does not repay a single cent, how much does Bob owe the bank after 3 years?

Answers

Answer 1

i) The cost function is x = 100,000 + 7n while the revenue function is y = 15n.

ii) The minimum number of customers for the business to break even is 12,500.

iii) The amount that Bob owes the bank after 3 years at 3% p.a. interest payable monthly, but without any repayment, is $109,272.70.

What is a function?

A function is a mathematical equation showing the equality of two or more algebraic expressions.

a) Renovation and appliances costs = $100,000

Average running cost per customer = $7

Selling price per customer = $15

i) Let the number of customers = n

Cost function, x = 100,000 + 7n

Revenue function, y = 15n

ii) For the business to break even, y must be equal to x:

15n = 100,000 + 7n

8n = 100,000

n = 12,500

iii) Bank loan = $100,000

Interest rate = 3% p.a.

Interest payment = monthly

Amount after 3 years without any repayment = $100,000 x 1.03^3

= $109,272.70 ($100,000 x 1.092727)

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Related Questions

HELP ME ASAP!!!!!!!!

See picture below.

Answers

Answer:

Step-by-step explanation:

x+3 - x = 3 = width

2(x+3) = 2x + 6 = length

2x + 6 +2x +6 +3 +3 = 4x + 18 = Perimeter of T

Find a sufficient statistics for 8. Problem 7 Let X₁.... X be iid according to a uniform continuous distribution over the open interval (0,0+1), for 0> 0. Find a minimally sufficient statistics for 0.

Answers

Given that X₁, X₂, ..., Xₙ are iid according to a uniform continuous distribution over the open interval (0,0+1).

Now, we have to find a sufficient statistics for 8.Let T = ∑Xᵢ, then T ~ U(n*0,n).Thus, T is a sufficient statistic for θ.Hence, T is a sufficient statistics for 8.

Given that X₁, X₂, ..., Xₙ are iid according to a uniform continuous distribution over the open interval (0,0+1).

We have to find a minimally sufficient statistics for

Let T = (X(n), X(1)), where X(n) = max{X₁,X₂, .... Xₙ} and X(1) = min{X₁,X₂, .... Xₙ}.As Xᵢ follows uniform distribution, so T can take any value in [0, 1].

Let Y = nX(n)/(1-X(n)), thenY = (nX(n))/(1-X(n)) = (nX(n))/(X(n)-X(1)) = 1/[(X(n)-X(1))/n].Now, 0 < X(1) ≤ X(n) < 1. Therefore, 0 < (X(n)-X(1))/n ≤ 1/n. Then, Y takes values in [0,∞).Thus, Y is a one-to-one function of T.

Hence, T is a minimally sufficient statistics for 8.

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Mrs. Bruce wants to put in a swimming pool with a deck around the perimeter of the pool. The pool will be rectangular shaped and will have dimensions of 12 feet by 20 feet. The deck around the perimeter will be uniformed in width and have a total area of 68 square feet. Find the width of the deck.

Hint: Draw and accurately label a sketch of the deck and pool in the space below.

Answers

Answer:

I think! 3.5 feet wide

Step-by-step explanation:

the area of the pool is 240 square feet. divide by 68 square feet gives you 3.539= 3.5 feet wide. dont shoot me if I'm wrong lol

The width of the deck is approximately 2.65 feet.


How to calculate the width?

To solve the problem, we need to first find the total area of the pool and deck combined, and then subtract the area of the pool to find the area of the deck.

The total area of the pool and deck can be represented as follows:

(12 + 2x) x (20 + 2x)

where x is the width of the deck.

The area of the pool is:

12 x 20 = 240

So, the area of the deck can be found by subtracting the area of the pool from the total area:

(12 + 2x) x  (20 + 2x) - 240 = 68

Expanding the left side and simplifying, we get:

4x²+ 64x - 208 = 0

Dividing both sides by 4, we get:

x²+ 16x - 52 = 0

Using the quadratic formula, we get:

x = (-b ± √(b² - 4ac)) / 2a

Where a = 1, b = 16, and c = -52.

Plugging in these values, we get:

x = (-16 ± √(16² - 4(1)(-52))) / 2(1)

x = (-16 ± √(960)) / 2

x = (-16 ± 4√(15)) / 2

x = -8 ± 2√(15)

Since the width of the deck cannot be negative, we can discard the negative solution, and we are left with:

x = -8 + 2√(15)

So, the width of the deck is approximately 2.65 feet.

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write an equation that states (x,y) is the same distance from (4,1) as it is from the x-axis.

Answers

The equation that states (x, y) is equidistant from (4, 1) and the x-axis is -8x - 2y + 17 = 0.

To express that the point (x, y) is equidistant from both the point (4, 1) and the x-axis, we can set up an equation using the distance formula.

The distance formula states that the distance between two points (x₁, y₁) and (x₂, y₂) is given by:

d = √((x₂ - x₁)² + (y₂ - y₁)²)

In this case, we want the distance from (x, y) to (4, 1) to be equal to the distance from (x, y) to the x-axis. The x-axis can be represented by the equation y = 0.

Let's set up the equation:

√((x - 4)² + (y - 1)²) = √((x - x)² + (y - 0)²)

Simplifying, we get:

√((x - 4)² + (y - 1)²) = √(x² + y²)

To remove the square roots, we can square both sides of the equation:

((x - 4)² + (y - 1)²) = (x² + y²)

Expanding and simplifying further, we have:

x² - 8x + 16 + y² - 2y + 1 = x² + y²

Combining like terms, we obtain:

-8x - 2y + 17 = 0

Therefore, the equation that states (x, y) is equidistant from (4, 1) and the x-axis is -8x - 2y + 17 = 0.

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Erika pours 6 cups of milk into 8 glasses. Each glass has the same amount of milk. How many cups of milk are in each glass?

Answers

Answer:

each glass will have 0.75 of a cup or 3/4 of a cup * 0.75 and 3/4 is the same*

The area of the carpet is 48x^2y+16xy^2, if the width is 8xy inches, what is the length of the carpet?

Answers

Answer:

Step-by-step explanation:

(48x^2)(y) + (16x)(y^2).

This is addition, so the distributive property applies. [(48x^2)(y) + (16x)(y^2)]/8xy = (48x^2)(y)/8xy+(16x)(y^2)/8xy = 6x+2y.

Division rules are explained below.

I included the parentheses to emphasize the difference between x^2y, which means x to the 2y, and (x^2)(y), which is x^2 times y.

48/8 = 6x^2 times y divided by 8xy equals x because x^2/x = x^(2-1), because x=x^1,  and so, equals x; The same y^2/y. The other 2 y's and 2 x's cancel.

TELL ME IF THIS IS CONFUSING<,BECAUSE I DON'T THINK I EXPLAINED VERY WELL.

define isometric angle ​

Answers

Answer:

it's just a angle that is 3D

Step-by-step explanation:

A cubic polynomial with a critical point at x=2, an inflection point at (1,4), and a leading coefficient of 1

Answers

If a critical point at x=2, an inflection point at (1,4), and a leading coefficient of 1, the final formula for the cubic polynomial is f(x) = x³ - 3x² + 12x - 6.

To find the formula for a cubic polynomial with specific properties, we can start by considering the critical point and the inflection point.

Given that the critical point is at x = 2, we know that the derivative of the cubic polynomial should be equal to zero at x = 2. This means that the slope of the polynomial at x = 2 is zero. Taking the derivative of the cubic polynomial, we have:

f'(x) = 3ax² + 2bx + c.

Setting this equal to zero and substituting x = 2, we get:

3a(2)² + 2b(2) + c = 0.

12a + 4b + c = 0.

Now, let's consider the inflection point at (1,4). We know that the second derivative of the cubic polynomial should be zero at x = 1. Taking the second derivative, we have:

f''(x) = 6ax + 2b.

Setting this equal to zero and substituting x = 1, we get:

6a(1) + 2b = 0.

6a + 2b = 0.

Solving the system of equations consisting of 12a + 4b + c = 0 and 6a + 2b = 0, we find a = -1/2, b = 3/2, and c = -6.

Therefore, the formula for the cubic polynomial is:

f(x) = -1/2x³ + 3/2x² - 6x + d.

The leading coefficient is 1, so we have:

f(x) = x³ - 3x² + 12x + d.

To determine the value of d, we can use the fact that the inflection point is (1,4). Substituting x = 1 and y = 4 into the equation, we get:

4 = 1 - 3 + 12 + d.

4 = 10 + d.

d = -6.

Therefore, the final formula for the cubic polynomial is:

f(x) = x³ - 3x² + 12x - 6.

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Complete question is:

Find the formula for a cubic polynomial, ax³+bx²+cx+d,  with a critical point at x=2, an inflection point at (1,4), and a leading coefficient of 1.

I am sorry i am wasting your time please help!

Answers

Step-by-step explanation:

True

false

false

true

i think its that I'm sorry if its wrong

how many total elements are in an array with 4 rows and 7 columns?
a. 4
b. 7
c. 28
d. 11

Answers

The total number of elements in an array is indeed equal to the product of its number of rows and columns. In this case, since the array has 4 rows and 7 columns, the total number of elements is 4 x 7 = 28.

The total number of elements in an array is equal to the product of its number of rows and columns. In this case, the array has 4 rows and 7 columns, so the total number of elements is:

4 x 7 = 28

Therefore, the answer is (c) 28.

The total number of elements in an array is indeed equal to the product of its number of rows and columns. In this case, since the array has 4 rows and 7 columns, the total number of elements is 4 x 7 = 28.

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C⊃D
~(A∨B)∨C
~B∨D
Show that each of the following arguments is valid by
constructing a proof

Answers

The given arguments are proved using logical inference rules.

To show that each of the following arguments is valid, we need to construct a proof using logical inference rules. Here is a proof for the given arguments:

Argument 1:

1. C ⊃ D (Premise)

2. ~(A ∨ B) ∨ C (Premise)

3. ~B ∨ D (Premise)

4. ~(A ∨ B) (Assumption)

5. ~A ∧ ~B (De Morgan's Law, 4)

6. ~B (Simplification, 5)

7. D (Disjunctive Syllogism, 3, 6)

8. ~(A ∨ B) ∨ D (Disjunction Introduction, 7)

9. C (Disjunction Elimination, 2, 8)

10. ~(A ∨ B) ∨ C (Disjunction Introduction, 9)

Therefore, the argument is valid.

Argument 2:

1. C ⊃ D (Premise)

2. ~(A ∨ B) ∨ C (Premise)

3. ~B ∨ D (Premise)

4. ~A ∨ ~B (Assumption)

5. ~(A ∨ B) (De Morgan's Law, 4)

6. C (Disjunction Elimination, 2, 5)

7. C ⊃ D (Premise)

8. D (Modus Ponens, 6, 7)

9. ~B ∨ D (Disjunction Introduction, 8)

10. ~(A ∨ B) ∨ D (Disjunction Introduction, 9)

Therefore, the argument is valid.

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One year of classes at the University of Texas at Austin costs $10,700.
Georgio has received a grant that will pay $700 and a scholarship for
$5,500. He wants to get a job to pay 40% of the remainder of the costs
and borrow the rest of the money. How much does he need to earn on
his job, and how much will he need to borrow?
O
Georgio has to earn $1,600 and borrow $2,700.
Georgio has to earn $1,800 and borrow $2,700.
Georgio has to earn $1,800 and borrow $2,300.
Georgio has to earn $1,600 and borrow $2,300.

Answers

Answer:

Georgio has to earn $1,800 and borrow $2,700.

Please help!
Which equation represents the relationship shown in the table?

Answers

Answer:

[tex]g \: y = 2x - 3 \\ [/tex]

if you insert x and y values in equation you can find the exact equation

PLEASE HELP ME ITS AN EMERGENCY!

Answers

Answer:

Number 1 is correct

4.5 x 12 = 54

Number 3 is wrong,

Formula of a triangle:

BH x 1/2(basically dividing by 2)

8 x 15 = 120,

120 DIVIDED BY 2 = 60 is your area, not 120.

Your plug in would be for the triangle:

8 x 15 x 1/2

Number 5 is wrong.

11 + 4 = 15

15 x 6 (you forgot to multiply by the height!) = 90

90 divided by 2 ( x 1/2) = 45 is your area, NOT 90.

Your formula for a trapezoid is:

(b1 + b2) x h x 1/2 Don't forget your height next time!

Plug in: (4 + 11) x 6 x 1/2

HELP HELP HELP HELP HEPL HELP

Answers

Answer:

The answer would be Y= 1/4X -3

Step-by-step explanation:

Hope it was helpful .

Good luck ^.^

The graph of the function is shown below

Which of the following functions best represents the graph ?
A) y= 0.5(2.5)^x
B) y= 3.5x^2 + 0.5
C) y= 0.5(6)^x
D) y= 0.5x+2.5

Answers

Answer:

B) y=3.5x^2 +0.5

Step-by-step explanation:

the (0,0.5) tells you what the y-intercept is :)

hope this helps :)

B is the answer of the question above.


please help me understand this.Will mark brainlyist to right answer no links!!!

Answers

Wowowow
Answer:45
Explain

Evaluate the following expression for P = -3 and S = 2

Answers

Answer: -9

2 to the power of 0 = 1 then all you have to do is plug in the numbers and simplify

Answer:

-9

Step-by-step explanation:

Well you just subsitute it all and solve from there

s^0= 2^0

p^-2= -3^-2

Anything squared to the power of 0 is 1

so its already 1/smth

the second part is just 3^-2 first which is 1/9 then the negative sign which is -1/9

PLEASE PLEASE PLEASE PLEASE PLEASE PLEASE PLEASE HELPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP

Answers

The value of ∠FGJ = x⁰ is 45⁰.

What is Linear pair angle?

Linear pair of angles are formed when two lines intersect each other at a single point. The angles are said to be linear if they are adjacent to each other after the intersection of the two lines. The sum of angles of a linear pair is always equal to 180°.

Here, we know that sum of angles on linear pair is 180⁰.

        ∠FGJ = x⁰ and ∠JGH = 135⁰

∠FGJ + ∠JGH = 180⁰

    x⁰ + 135⁰ = 180⁰

    x⁰ = 180⁰ - 135⁰

    x⁰ = 45⁰

Thus, the value of ∠FGJ = x⁰ is 45⁰.

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After six rolls of a standard die, the experimental probability of rolling a 3 is 26. What do you expect will happen to the experimental probability if the die is rolled 90 more times? Explain.

Answers

Answer:

The experimental probability should get closer to the theoretical probability of 1/6 with more trials.

Step-by-step explanation:

A probability is the number of desired outcomes divided by the number of total outcomes.

Experimental probability:

The number of desired outcomes is taken from the results of an experiment.

Theoretical probability:

Found before the experiment happens.

For a large number of trials, the experimental probability will be closer to the theoretical probability.

In this question:

A standard die has 6 sides, one which is 3. So the theoretical probability of rolling a 3 is 1/6.

After six rolls of a standard die, the experimental probability of rolling a 3 is 2/6.

The experimental probability, after six rolls, is 2/6 = 1/3.

What do you expect will happen to the experimental probability if the die is rolled 90 more times?

As the number of trials increase, the experimental probability is expected to get closer to the theoretical probability, which in this case is 1/6.

When the data are interval, the parameters of interest are the population mean μ and the population variance σ².
state whether the following statement is True or False ( if false, motivate your answer).

Answers

The statement is true that:

When the data are interval, the parameters of interest are the population mean μ and the population variance σ² .

Given,

Mean and standard variance .

Here,

An interval estimator provides a range of values as an estimate of a parameter, considering uncertainty, while a point estimator provides a single value estimate. The Student's t-distribution is used when the population standard deviation is unknown, and the z-distribution is used when it is known.

Support for the statement:

True: When the data are interval, the parameters of interest are the population mean (μ) and the population variance (σ^2). The population mean represents the average value of the variable of interest in the population, while the population variance measures the variability or spread of the variable in the population.

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» 40 students were asked their favourite
shoe colour.
What percentage chose white?

Answers

Answer: 40% i think

Step-by-step explanation:


Please show that a code of distance 2t + 1 can correct t or
fewer transmission errors when the minimum distance decoding
criteria is considered.

Answers

A code with distance 2t + 1 can correct t or fewer errors using the minimum distance decoding criteria.

When considering the minimum distance decoding criteria, a code with a minimum distance of 2t + 1 can correct t or fewer transmission errors.

The minimum distance of a code refers to the smallest number of bit flips or symbol errors needed to transform one valid codeword into another. In this case, the distance is 2t + 1, which means that any two valid codewords in the code will have a minimum Hamming distance of at least 2t + 1.

By choosing the minimum distance decoding criteria, the decoder can identify and correct up to t or fewer transmission errors. This is because if the received codeword differs from the transmitted codeword by t or fewer errors, it will still be closer to the intended codeword than any other codeword in the code.

Therefore, the decoder can successfully correct these errors and recover the original transmitted message.

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Sophia went to see a play at the theater downtown. 8:30 PM. The first act was 55 minutes long. Intermission lasted for 20 minutes, and the second act was an hour long. What time was it when the play finished?

Answers

10:45 is when the play is done


Alex and Jack work for a computer software company. Alex can write a computer program in 24 hours, while
Jack can write it in 16 hours. How long will it take them to write the program together?

Answers

Alex and Jack work for a computer software company. Alex can write a computer program in 24 hours, while

Jack can write it in 16 hours. How long will it take them to write the program together?

Answer: 9.6 hours

solve using quadratic formula q^2-2q-1=0

Answers

Answer:

1±√2=q

or

q=2.41, -0.41

Step-by-step explanation:

we are given the equation q²-2q-1=0, and we want to use the quadratic equation, which is (-b±√(b²-4ac))/2a

a is 1 (there is a 1 in front of q²)

b is -2

c is -1

substitute into the equation:

q=(2±√(4-4*1*-1))/2

solve for the discriminant:

√(4-4(1*-1))

√8

now the equation:

(2±√8)/2=q

simplify:

1±√2=q

or if your application asks for a decimal:

√2≈1.41

so:

1+1.41=2.41=q

or

1-1.41=-0.41=q

Hope this helps!

Marcie Ann Weber, age 32, takes out $15,000 of a term insurance for a ten year term.


a. annual premium: $ a0

b. monthly premium: $ a1

Answers

Answer:

Step-by-step explanation:

a. annual premium: 79.35

b. monthly premium: 7.14

Marcie Ann Weber, age 32, takes out $15,000 of a term insurance for a ten-year term. Annual premium = $1,500 per year and monthly premium = $125 per month.

What is division?

One type of operation is division in mathematics. In this procedure, the phrases or numbers are divided into the same number of components.

Given: Marcie Ann Weber,

insured amount of term insurance plan = $15,000.

Number of year = 10 year

To find the amount of annual premium:

Divide the total insured amount by number of years.

Annual premium = Insured amount of term insurance plan / Number of year

Annual premium = $15,000 / 10

Annual premium = $1,500 per year

To find the amount of monthly premium:

Monthly premium = Insured amount of term insurance plan / Number of month in 10 year

Monthly premium = 15,000 / (10 x 12)

Monthly premium = 15,000 / 120

Monthly premium = $125 per month.

Therefore, annual premium = $1,500 per year and monthly premium = $125 per month.

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helpppp plsssss(I’ll give 80 pointssss

Answers

Answer:

-4 + -6 = -10

Step-by-step explanation:

From the line at negative 4 it goes to negative 10 you need to add six to four to make ten. Though since it is negative numbers we add a negative 6

Please help!!! I’ll mark you as brainliest!!!!!!

0.138613961 as a percent rounded to the nearest tenth

Answers

Answer:

13.9%

Step-by-step explanation    :

Converting from a decimal to a percentage is done by multiplying the decimal value by 100 and adding %.

 0.138613961 ------ when multiplying by 100 you move two spots the decimal point:     13.8613961 %

The tenth digit is 8 the number after that is 6  

If the digit after tenth is greater than or equal to 5, add 1 to tenth. Else remove the digit.

6 is greater than 5 so we add 1 to 8 and becomes 9

If the digit  after the tenth was 4 instead 6, for example,then it would be 13.8%

How do we find the factors of x2 – 64
Find numbers that multiply to be O but adds to be -64
O Find numbers that multiply to be 1 but adds to be -64
Find numbers that multiply to be -64 but adds to be 1
Find numbers that multiply to be -64 but adds to be 0

Answers

Answer:

The factors of x²-64 is equal to (x-8)(x+8).

Step-by-step explanation:

The given expression is:

x²-64

we know that, 8² = 64

So,

(x²-8²) = (x-8)(x+8) [As (a-b)(a+b) = a²-b²]

So, the factors of x²-64 i equal to (x-8)(x+8).

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