Answer:
Equation 1: (500×5)+75
Equation 2: (20×5)×7
Total Revenue: $1,875
Explanation:
For equation 1 we multiply the companys $500 an hour flat rate by the number of hours the party was (5), then add the company's $75 set up fee for a total of $2,575.
For equation 2 we multiply the company's hourly pay (20) by the number of hours worked (5), after that we multiply the number of employees (7) for a total of $700.
Finally to figure out the actual revenue from the event we subtract the amount the company paid the employees ($700) from the total paycheck for hosting the party ($2,575) for a final total of $1,875.