y = 4x + 3 y = 4(1) + 3 = 7 y = 4(2) + 3 = 11 y = 4(5) + 3 = 23 y = 4(10) + 3 = 43 y = 4(20) + 3 = 83
m = k m = = 99 m = = 98 m = = 95 m = = 90 m = = 80
d = 3.5t d = 3.5(1) = 3.5 d = 3.5(2) = 7.0 d = 3.5(5) = 17.5 d = 3.5(10) = 35 d = 3.5(20) = 70
a. $315 - $25 = $290 $290 - $25 = $265 $265 - $25 = $240
Make sure your notebook cover sheet looks like this. #. DATE Book/ Brief Description V&P:Problem 2.3, ACE 8, V&P:Unit 2 Summary, ACE 1, 2, 15, 17-21, V&P:Problem 3.1, ACE V&P:Problem 3.2, ACE V&P: Problem 3.3, ACE 9-19 You Need: Notebook Assignment Sheet Problem 3.3 Handout Calculator BIG IDEA: Using Tables and Graphs Open your books to page 54
1)What is Revenue? Revenue is the money a company takes in. For Ocean Bike Tours, it is the money a customers pay. 2) Does the revenue depend on the number of customers? YES, the more people who go on the tour the more money they make! 3) How much revenue does the company make per customer? $350 4) Expenses are the things the company has to spend money on. What expenses are shown in the table? Bike rental, Food and Camp cost
5) What is the total expenses per person? $125 6) The profit is the money a company makes after all the expenses are paid. How would you calculate the profit of our tour? Revenue – Expenses = Profit 7) Based on the table will Ocean Bike Tour’s make a profit? YES 350 – 125 = 225That is a $225 profit
CustomersIncome/ Revenue Bike Rental Food/ Camp Cost Total Expenses Profit
revenue/income = $350 times the number of customers expenses = $155 times the number of customers r = 350n profit = $195 times the number of customers p = 195n e = 155n
20 Customers revenue = expenses = profit = 31 Customers revenue = expenses = profit = r = 350n e = 155n p = 195n 350×31= ×31= ×31= x 20 = x 20 = x 20 = 3900
e = 155n p = 195n e = 155n It is an added expense. p=195n-700 It reduces your profit.
Make sure your notebook cover sheet looks like this. #. DATE Book/ Brief Description V&P:Problem 2.3, ACE 8, V&P:Unit 2 Summary, ACE 1, 2, 15, 17-21, V&P:Problem 3.1, ACE V&P:Problem 3.2, ACE V&P: Problem 3.3, ACE 9-19