If Glacier Construction Company can pay off its loan in 20 months at 11% rather than 32 months at 10%, how much money will the company save on a loan of $30,000?

180

step-by-step explanation:

step-by-step explanation:

i found the koficent of the linear function and i foun c acordind to the strict formula y=kx+c and then i took 2 as an x and replacet it on the formula i found and then foun the y

step-by-step explanation:

let's assume

number of candles set =x

price of of x candles =p(x)

we are given

a candle maker prices one set of scented candles at $10 and sells an average of 200 sets each week

so, we get point as (200,10)

he finds that when he reduces the price by $1, he then sells 50 more candle sets each week

so, we can find slope

now, we can use point slope form of line

now, we can plug values

we can use point

and find b

now, we can plug it back

and we get

now, we can find revenue

we know that

revenue = price*quantity

so, we get