subject
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?

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:40, dubouuu
Which data set has a greater spread? why? set a: {38, 12, 23, 48, 55, 16, 18} set b: {44, 13, 24, 12, 56} has a greater spread because .
Answers: 2
image
Mathematics, 21.06.2019 19:40, nsg0686
What is the slope of the line that contains the points (-2,1) and (0,-3)
Answers: 2
image
Mathematics, 21.06.2019 20:30, hanjonez
What is 1/3x5 on anuber line what does it look like on a number line
Answers: 3
image
Mathematics, 21.06.2019 21:00, marcy4644
Select the two pairs of figures that are similar.
Answers: 1
You know the right 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
Chemistry, 27.08.2019 13:00
Konu
Mathematics, 27.08.2019 13:00