Mr,Contreras owns an events place and invested P6,075 000 to have it constructed. He plans to charge P45, 000 for each booking rentals.
1.What are the independent and dependent variables in the given situation?
2.Assuming that P(r) represents his net income from booking rentals and r represents the number of booking rentals, what linear function best models the given situation?
3.How many booking rentals should Mr Contreras close to reach a break-even point?
4.How many booking rentals should Mr Contreras close to gain a net income equal to the amount he invested?
Answers & Comments
Answer:
Mr,Contreras owns an events place and invested P6,075 000 to have it constructed. He plans to charge P45, 000 for each booking rentals.
1.What are the independent and dependent variables in the given situation?
2.Assuming that P(r) represents his net income from booking rentals and r represents the number of booking rentals, what linear function best models the given situation?
3.How many booking rentals should Mr Contreras close to reach a break-even point?
4.How many booking rentals should Mr Contreras close to gain a net income equal to the amount he invested?
Answer:
1A
2B
3C
4C
5D
6C
7A
8B
9D
Step-by-step explanation:
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