A tent rental company charges a mandatory $175 setup fee and a $110 hourly rental fee. Which of the following equations can be used to find c, the cost of renting a tent from this company for 8 hours? A. c = 175 + 110(8) B. c = 175 - 110(8) C. c = 175(8) + 110 D. c = (175 + 110)8

A. c (in $) = 110(8) +175

Step-by-step explanation:

$175 is the starting price so in terms of an equation or an equation of a line it is the "b" or y-intercept.

c is the "y" or the depedent variable to solve for.

$110 is the increasing interval that is multiplied by the known variable, "x".

8 is the second variable, "x" but is known.

$ 1,965,334

Step-by-step explanation:

Annual sales of company in 1999 = $ 1,200,000

Geometric mean growth rate = 10.37 % = 0.1037

In order to forecast we have to use the concept of Geometric sequence. The annual sales of company in 1999 constitute the first term of the sequence, so:

The growth rate is 10.37% more, this means compared to previous year the growth factor will be

r =1 + 0.1037 = 1.1037

We have to forecast the sales in 2004 which will be the 6th term of the sequence with 1999 being the first term. The general formula for n-th term of the sequence is given as:

So, for 6th term or the year 2004, the forecast will be:

Thus, the forecasted sales for 2004 are $ 1,965,334