Precalculus (6th Edition)

Published by Pearson
ISBN 10: 013421742X
ISBN 13: 978-0-13421-742-0

Chapter R - Review of Basic Concepts - R.5 Rational Expressions - R.5 Exercises - Page 55: 92

Answer

$127,300

Work Step by Step

To solve this problem, use the given equation, where x represents the percent: y = \frac{6.7x}{100 - x} Since x = 95, or 95 percent, substitute 95 for x in the equation, and solve. y = \frac{6.7(95)}{100 - 95} =\frac{636.5}{5} = 127.3 Next, convert 127.3 into thousands of dollars by multiplying it by 1000. 127.3(1000) = 127300. Therefore, the answer is $127,300.
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