A convenience shop currently sells 1000 bottles of cold drink per month at R12 a bottle. For every R1 increase in price, 10 fewer bottles will be sold. At what price must the shop
sell the cool drink to make a total revenue of R14 550 per month?

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

if the probability is 1/12, 75 people will receive a $25 gift card

step-by-step explanation:

the answer is 8.64

step-by-step explanation: