Sam is planning to start a pool cleaning business. he expect to make a profit of $45,000 in his first year of business, after which he expects profits to increase by 5.5% annually for the next 5 years.

sam's business will cost $49,500 to set up and run for the first year. sam then expects an annual operational expense total of $30,500. according to sam's model, how long will it take sam to see an overall profit in his business (where total profits exceed total expenses)?
a.
sam will see an overall profit in his first year of business.
b.
sam will see an overall profit in his second year of business.
c.
sam will see an overall profit in his third year of business.
d.
sam will see an overall profit in his fourth year of business.

15 batches are the most you can make

step-by-step explanation:

answer: a. 13/44

step-by-step explanation: judging by the information given to us, we are looking for experimental probability. we can see that 13 males have chosen chocolate ice cream. there are 44 ice creams in total (remember that the total is always the denominator). so our answer is 13/44.

answer: c, the green line

step-by-step explanation:

there is no black line, eliminate b.

simple interest implies periodic payments, but the red line shows no payments, eliminate d.

simple interest has equal payments. if paid say every day, the graph is about a straight line (actually a stairstep).

the yellow line is not straight, eliminate a.

check: the green line is straight, answer is c.

simple interest with positive interest rate gives a straight line sloping up to the right. green line:

g(t) = $100 + ($200-$100) ÷ (20 years) × (t years)

= $100 + (4%/year) × ($100)(t years)

incidentally, the yellow line curving upward represents continuously compounded interest

y = $100 × 2^(t years / (14 assuming the yellow line hits $200 at 14 years. 2^0 is 1, so y(0) = $100; 2^(14/14) is 2, so y(14) = $200.

b and c

step-by-step explanation: