<h3>The worth after 4 years is $ 680.24</h3>
<em><u>Solution:</u></em>
<em><u>The formula for compound interest, including principal sum, is:</u></em>
Where,
A = the future value of the investment
P = the principal investment amount
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per unit t
t = the time the money is invested
From given,
n = 1 ( since interest is compounded annually)
p = 500
t = 4
<em><u>Substituting the values we get,</u></em>
Thus the worth after 4 years is $ 680.24
We know that:
Profit = Revenue - Cost
Let us say x number of candies are made per week.
Finding Cost per week:
Cost of making 1 bar = 0.15
Cost of making x bars = 0.15x
Fixed rate of making candies per week = 600
Total cost of making x candies per week = 600 + 0.15x
Now let us find Revenue:
Selling price of each bar = 1.50
Selling price of x bars = 1.50x
Now we have to find profit,
Profit = Revenue - Cost
In order to have profit Revenue - Cost >0
So plugging values of revenue and cost to get number of candies,
x>444.44
Rounding off
x>444
Answer: The company must sell greater than 444 candies in order to make profit.
Answer: 5 times 5 plus 11 plus 11
Step-by-step explanation:
Creating an algebra problem that equals to 47.
5 times 5 is 25
25 plus 11 is 36
36 plus 11 is 47
