Problem 16-05 to generate leads for new business, gustin investment services offers free financial planning seminars at major hotels in southwest florida. gustin conducts seminars for groups of 25 individuals. each seminar costs gustin $3300, and the average first-year commission for each new account opened is $5100. gustin estimates that for each individual attending the seminar, there is a 0.01 probability that he/she will open a new account. determine the equation for computing gustin’s profit per seminar, given values of the relevant parameters. round your answers to the nearest dollar. profit = (new accounts opened × $ 5100 ) – $ 3300 what type of random variable is the number of new accounts opened

You got a job selling magazines door-to-door. you are paid $100 per day plus $1.50 for each magazine you sell. which recursive formula models this situation?

Someone answer asap for ! a discount store’s prices are 25% lower than department store prices. the function c(x) = 0.75x can be used to determine the cost c, in dollars, of an item, where x is the department store price, in dollars. if the item has not sold in one month, the discount store takes an additional 20% off the discounted price and an additional $5 off the total purchase. the function d(y) = 0.80y - 5 can be used to find d, the cost, in dollars, of an item that has not been sold for a month, where y is the discount store price, in dollars. create a function d(c(x)) that represents the final price of an item when a costumer buys an item that has been in the discount store for a month. d(c(x)) =

(05.03 mc) part a: explain why the x-coordinates of the points where the graphs of the equations y = 4x and y = 2x−2 intersect are the solutions of the equation 4x = 2x−2. (4 points) part b: make tables to find the solution to 4x = 2x−2. take the integer values of x between −3 and 3. (4 points) part c: how can you solve the equation 4x = 2x−2 graphically? (2 points)