Mathematics
Mathematics, 03.12.2021 09:30, ashelygarcia4321

You are running a small business. At the beginning of the month you have $1000. At the end of the first week you have revenues of $2200 and expenses of $1000 for that week. In the second week your revenues are $2000 and your expenses are $700. In the third week your revenues are $2100 and your expenses are $1100. In the fourth week, your revenues are $2200 and your expenses are $3000 (they are higher as you need to pay the rent). You have a checking account earning 1% annually compounded weekly. a) How much money do you have at the end of the four weeks? b) What is the minimum balance of the account over those four weeks? Does it ever drop below $1000?

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:10, Andrewecolt1993
Which is a graph of a proportional relationship?
Answers: 1
image
Mathematics, 21.06.2019 23:00, teriateria
How can writing phrases as algebraic expressions you solve problems?
Answers: 2
image
Mathematics, 22.06.2019 00:00, vvaallww
Solve 17= -13 - 8x and show your work.
Answers: 1
image
Mathematics, 22.06.2019 00:00, HSiddiqui5
Ineed on this question me get the answer
Answers: 1
Do you know the correct answer?
You are running a small business. At the beginning of the month you have $1000. At the end of the fi...

Questions in other subjects:

Konu
Mathematics, 12.02.2021 05:20
Konu
Mathematics, 12.02.2021 05:20