Question 1
Refer to Scenario 7.5 below to answer the question(s) that follow.
SCENARIO 7.5: You own and are the only employee of a company that customizes bicycles. Last year your total revenue was $60,000. Your costs for rent and supplies were $25,000. To start this business you invested an amount of your own capital that could pay you a $45,000 a year return.
Refer to Scenario 7.5. A yearly normal return for your company is
◦ $25,000.
◦ $35,000.
◦ $45,000.
◦ $70,000.
Question 2
Refer to Scenario 7.5 below to answer the question(s) that follow.
SCENARIO 7.5: You own and are the only employee of a company that customizes bicycles. Last year your total revenue was $60,000. Your costs for rent and supplies were $25,000. To start this business you invested an amount of your own capital that could pay you a $45,000 a year return.
Refer to Scenario 7.5. A yearly normal return for your company is
◦ $25,000.
◦ $35,000.
◦ $45,000.
◦ $70,000.
How to set up and solve linear models (Question 4)
How to calculate regular payments or deposits using the annuity formula (Question 2)
How to solve word problems with two unknowns (Question 1)
Another question for grade 11 math
Economics question
economic question