Korey is planning to open a comic book store. His store will cost $12,500 to open and will come with a $8,000 total annual operational cost. If his store makes $12,000 in profit during the first year, and profits increase by 6% each year from then, how long will it take for Korey to see an overall profit in his business (where total profits exceed total expenses)? a. Korey will see an overall profit in his first year of business. b. Korey will see an overall profit in his second year of business. c. Korey will see an overall profit in his third year of business. d. Korey will see an overall profit in his fourth year of business.

Answers

Answer 1

Answer:

c. Korey will see an overall profit in his third year of business

Step-by-step explanation:

His cost for first year

= 12500+8000

=$ 20500

Profit first year= $12000

Net Profit first year= -$8500

Second year cost= $8000

Profit second year

= 12000+12000(0.06)

= 12000+720

=$ 12720

Net profit second year = -8500+12720-8000

= -3780

Third year

Cost = $8000

Profit= 12720+12720(0.06)

Profit=$13483.2

Net profit= 13483.2-8000-3780

Net profit= $1703.2

Answer 2

Korey will see an overall profit in his third year of business.

What is profit?

The amount of money earned by any seller on the cost price is called the yield.

His cost for the first year

=  12500 + 8000

=$ 20500

Profit first year= $12000

Net Profit first year= -$8500

Second year cost= $8000

Profit second year

= 12000+12000(0.06)

= 12000+720

=$ 12720

Net profit second year = -8500+12720-8000

= -3780

Profit for Third-year

Cost = $8000

Profit= 12720+12720(0.06)

Profit=$13483.2

Net profit= 13483.2-8000-3780

Net profit= $1703.2

Therefore Korey will see an overall profit in his third year of business.

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Related Questions

On the game show "The Price is Right", the highest winning amount was $262,743. The next largest winning amount was only 81.4012% of the highest. What was the second highest winning amount rounded to the nearest dollar?

Answers

Answer:

[tex]Second = \$213876[/tex]

Step-by-step explanation:

Given

Highest Winning = $262,743

Second Highest Winning = 81.4012% of the first

Required

Determine the value of the second highest winning

Recall that

[tex]Second\ Highest\ Winning = 81.4012\%\ of\ the\ first[/tex]

Substitute $262,743 for the first highest winning

[tex]Second = 81.4012\%\ of\ \$262,743[/tex]

[tex]Second = 81.4012\%\ * \$262,743[/tex]

[tex]Second = \$213875.954916[/tex]

Approximate

[tex]Second = \$213876[/tex]

Hence, the second highest winning is approximately $213876

Find the next number in the number sequence 3, 6, 10, 15.

Answers

Answer:

21

Step-by-step explanation:

3 + 3 = 6

6 + 4 = 10

10 + 5 = 15

so...

15 + 6 = 21

I think it would be 21

2x+5(3x-4)=14


Step by step please

Answers

Answer:

x=2

Step-by-step explanation:

2x+5(3x-4)=14

Distribute

2x + 15x -20 = 14

Combine like terms

17x -20 = 14

Add 20 to each side

17x-20+20 =14+20

17x = 34

Divide by 17

17x/17 = 34/17

x=2

What is 57 divided by 20

Answers

Answer:

2.85

Step-by-step explanation:

Answer: 2.85

Step-by-step explanation:

57/20 = 2.85

What is the product of 2 and q

Answers

Answer:

2q

Step-by-step explanation:

Product is the answer to a multiplication equation or expression. So you could put it like 2 x q but it would be easier and more understanding to do 2q...Or even 2(q).

You have a balance of $213 in a savings account you withdraw $68 one day and $128 the next day without making any deposit what is the new balance

Answers

Step-by-step explanation:

Here hope this helps........

8x - 7x + 6 = 6 help you guys pleases

Answers

Steps to solve:

8x - 7x + 6 = 6

~Combine like terms

x + 6 = 6

~Subtract 6 to both sides

x = 0

Best of Luck!

Answer:

0

8x0=0 7x0=0

6+0=6

Step-by-step explanation:

Solve the following equation, answer as a reduced, mixed number. Then place the correct number in the box provided.

4(2x-3) + 8(x-4) = 2(2x+6)

Answers

Answer: 4 2/3

Step-by-step explanation:

Because I said so

a missile is fired with 96% accuracy. Each firing is independent of the other. If four missiles are fired what is the probability only the second one misses

Answers

Answer: 0.03538944

Step-by-step explanation:

Given, The accuracy of missile = 96%

i.e. The probability that it will hit the shot = 0.96

Probability of missing the shot = 1-0.96= 0.04

Now, each missile is independent of other.

Therefore, the probability only the second one misses = (probability that first will hit the shot) x (probability that second one misses ) x (probability that third will hit the shot)x (probability that fourth will hit the shot)

Thus, the probability only the second one misses is [tex](0.96)(0.04)(0.96)(0.96)=0.03538944[/tex]

Hence, the required probability = 0.03538944


[tex] \sqrt{2 + \sqrt{2 + \sqrt{2} } } [/tex]

Answers

The answer is 1.961571


The Black Panther climbed a height of 15 ft and dropped 20 ft. Write each number as an integer and solve.

Answers

Answer:

-5

Step-by-step explanation:

15-20

Answer:

-5

Step-by-step explanation:

15-20=-5

integer means whole number

Suppose a set of data about the spread (in hundreds of acres) of a food-borne bacteria (after t weeks) in lettuce has the following percentage rates of change: 0.9%, 1.3%, 1.1%, 1.0%, 1.3%, 1.0%; and the following average rates of change: 2.9, 2.4, 3.7, 3.1, 3.6, 3.2. Based only on the information given, and without doing any calculations, what type of model would you use? Why? (NOTE THAT the information given is not the actual data set. I have calculated the two types of rate of change for you. You should NOT BE CALCULATING ANYTHING!) Comment:What tells you that the relation is best fit by a linear model? Use principles about what kinds of functions have consistency in which types of rates of change?

Answers

Answer:

A sinusoidal model would be used

The kind of function that have consistency in the periodic rate of change is the Average rate of changes

Step-by-step explanation:

The type of model that would be used is sinusoidal model and this is because there is periodic change in the values given ( i.e the rate of changes given )

For percentage rate of changes :

starting from 0.9% there is an increase to 1.3% then a decrease to 1.1% and a further decrease to 1% before an increase to 1.3% and another decrease to 1%

For Average rate of changes:

starting from 2.9 there is a decrease to 2.4, then an increase to 3.7 and another decrease to 3.1 followed by an increase to 3.6 and a decrease back to 3.2

This relation ( sinusoidal model ) is best suited for a linear model because there is a periodic rate of change in the functions

The kind of function that have consistency in the period rate of change is the Average rate of changes

what is the factor of
[tex] {x}^{2} - 6x - 27[/tex]

Answers

Answer:

9 is correct answer

Step-by-step explanation:

[tex] {x}^{2} - 6x - 27 \\ = {x}^{2} - 9x + 3x - 27 \\ = x(x - 9) + 3(x - 9) \\ = (x + 3)(x - 9)[/tex]

x=9

Answer:

(x - 9)(x + 3)

Step-by-step explanation:

Given

x² - 6x - 27

Consider the factors of the constant term (- 27) which sum to give the coefficient of the x- term (- 6)

The factors are - 9 and + 3, since

- 9 × 3 = - 27 and - 9 + 3 = - 6, thus

x² - 6x - 27 = (x - 9)(x + 3)

Midpoint (10,4) Endpoint (9,-4), find the coordinates of the other endpoint.​

Answers

Answer:

(11, 12)

Step-by-step explanation:

Mid point coordinates:

x = (x₁ + x₂)/2y = (y₁ + y₂)/2

Since midpoint and one endpoint given (10, 4) and (9, -4), the other endpoint:

x₂ = 2x - x₁ = 2*10 - 9 = 11y₂ = 2y - y₁ = 2*4 - (-4) = 12

So the other endpoint is: (11, 12)

A car enters a highway driving 60 mph. A truck enters the highway 6 minutes later and drives 65 mph. The vehicles travel a total of 56 miles and arrive at the same time. How far did the car travel?

Answers

Answer:

65 or 60

Step-by-step explanation:

I am not really positive about my answers so please take this into consideration.

brody is working two summer jobs, making $10 per hour babysitting and making $15 per hour cleaning tables. In a given week, he can work a maximum of 13 total hours and must earn at least $150. If x represents the number of hours babysitting and y represents the number of hours cleaning tables, write and solve a system of inequalities graphically and determine on possible solution.

Answers

Answer:

10x+15y≥150

Step-by-step explanation:

Graph y≤13−x (shading down)

graph y≥10− 3/2x (shading up)

what is the slope of y=-3

Answers

Answer:The slope-intercept form is y=mx+b y = m x + b , where m is the slope and b is the y-intercept. Using the slope-intercept form, the slope is 0 .

Step-by-step explanation:

Answer:

The slope of y=-3 is 0.

y=-3 is a horizontal line.

Let me know if this helps :)

Which shows how to find the value of this expression when X=-2 and Y = 5?
(3x®y-2)2
32 (-2)
54
3(-2)6
54
32(5) 6
(-2)
3
(2) 854

Answers

Answer:

i think it's b

Step-by-step explanation:

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Write each fraction in simplest form if the fraction is already in simplest, form write simplifyed 4 over 14

Answers

Answer:

2/7 or 2 over 7

Step-by-step explanation:

4/14 can be simplified. We know this because both 4 and 14 can be divided by 2. 4 divided by 2 = 2 and 1 divided by 2 = 7, thus the answer is 2 over 7.

PLEASE HELP - Determine the slopes of the lines passing through each pair of points. - (-6,-3) and (4,1)

Answers

Answer: -4/10

Step-by-step explanation:

Since we are finding the slope, we have to do the rise over run strategy. In this case, rise (y) are the numbers  -3 and 1 and the run (x) is the numbers -6 and 4. After that, we subtract them. So, -3 - 1 and -6 - 4. We get -4 over -10 (or - 4/10) which is your slope.

Complete the equation describing how x and y are related.

Answers

Answer:

5

Step-by-step explanation:

o+5=y=5

1+5=y=6

2+5=y=7

.:y=x+5

If you averaged 400 miles per day, about how many days would a trip of 1990 miles take?
A. about 6 days
B. about 5 days
c. about 3 days
D. about 4 days
E. about 3 dayS

Answers

Answer:

B. about 5 days.

Step-by-step explanation:

If you average;

400 miles per day

1990 miles trip would take?

Cross multiplying gives;

[tex]\frac{1990 * 1}{400}[/tex] = 4.975 days

Rounding off the answer to nearest day gives 5 days.

Hence the 1990 miles journey should take about 5 days.

A trip of 1990 miles would take around 5 days if you averaged 400 miles each day. Option B is correct.

What is average?

It is described as the single number that embodies the mean value for the specified collection of data or the closed value for each item in the specified set of data.


It is given that, you averaged 400 miles per day,

We have to find the days would a trip of 1990 miles takes.

The number of days is obtained by taking the ratio of the total distance we have to travel to the distance traveled by the person in one day.

Suppose the number of days needed to complete the trip will be x,

x=Total distance/distance in one day


x=1990 / 400

x= 4.975 days

x≈5 days

If you averaged 400 miles each day, a trip of 1990 miles would take around 5 days.

Thus, option B is correct.

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Please help!!!! This question is on my plato

Answers

Answer:

Its D

Step-by-step explanation:

29/1000= 0.029

Answer:

C.

Step-by-step explanation:

29/999 is 0.02929292929292929

Solve each system of equations by using a table.
y= 3x - 4
y = -2x + 11

Answers

Answer:

Step-by-step explanation:

3x - 4 = -2x + 11

5x - 4 = 11

5x = 15

x = 3

3(3) - 4 = 9 - 4 = 5 = y

(3, 5)

Answer:

1.)y=3x-4=5

2.)y=4x-1=7

ILL GIVE YOU BRAINLIST !!! HAVE TO GET IT RIGHT

Evaluate the expression given the replacement values

Answers

Moving the slider to 9 inches shows that 9 inches is equivalent to 22.86 centimeters. 1 inch is 2.54 times bigger than a centimeter.

Help i dont understand Pls Help :( Given h(x)=-3x-4h(x)=−3x−4, find h(0)h(0).

Answers

Answer:

-4

Step-by-step explanation:

So we have the function:

[tex]h(x)=-3x-4[/tex]

To find h(0), substitute 0 for x. Thus:

[tex]h(0)=-3(0)-4[/tex]

Multiply:

[tex]h(0)=0-4[/tex]

Subtract:

[tex]h(0)=-4[/tex]

And we're done!

The graph models projected populations, in thousand, of two towns after x years. Both towns experience a 1.9% annual growth rate. Which equation represents g(x) as a translation of f(x)?​

Answers

The image of the graph is missing, so i have attached it.

Answer:

g(x) = 5/3 * f(x)

Step-by-step explanation:

We want to find the equation represents g(x) as a translation of f(x).

From the graph, the y = f(x) function curve has the following observations,

- At x = 0, y = f(0) = 30

- At x = 10, y = f(10) = 36

Similarly, from the graph, the y = g(x) function curve has the following observations,

- At x = 0, y = g(0) = 50

- At x = 10, y = g(10) = 60

From those coordinates on the graph, we can see that;

f(0) = 30 and g(0) = 50

It means that for us to make g(x) as a translation of f(x), g(0) = fraction * f(0)

Fraction = g(0)/f(0) = 50/30 = 5/3

Thus;

g(x) = 5/3 * f(x)

Let's confirm with the second coordinate;

Thus;

g(10) = 5/3 * f(10)

g(10) = 5/3 * 36

g(10) = 60

This value is same as what is on graph, thus we can conclude that;

The equation represents g(x) as a translation of f(x) is; g(x) = 5/3 * f(x)

If two lines intersect, then they intersect in exactly one _____ point. line. postulate. plane.

Answers

Answer: the answer is A. point

The surface area S of a single-celled organism may be found by multiplying 4π times the square of the radius r of the cell. Express S as a function of r.

Answers

Answer:

[tex]S(r)=4\pi r^2[/tex].

Step-by-step explanation:

It is given that, the surface area S of a single-celled organism may be found by multiplying 4π times the square of the radius r of the cell.  

We need to express S as a function of r.

Let r be the radius of the cell and S(r) be the surface area of single-celled organism when radius is r.

According to the question,

[tex]S(r)=4\pi \times r^2[/tex]

[tex]S(r)=4\pi r^2[/tex]

Therefore, the required function is [tex]S(r)=4\pi r^2[/tex].

At a country concert, the ratio of the number of boys to the number of
girls is 2:5. If there are 250 girls, how many boys are at the concert?

Answers

Answer: There are 100 boys at the concert

Step-by-step explanation:

If the the ratio of  boys to girls is 2:5 and and there are 250 girls  then a number was multiplied by 5 to get 250  and that number needs to be multiply by 2  to find the number of boys.

So to find that number we will divide 250 by 5.

250/ 5 = 50  

50 * 2 = 100

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