Final answer:
To find P for x=500 in the equation P=0.48x-94, multiply 0.48 by 500 to get 240 and then subtract 94, resulting in P=146, which needs no further rounding.
Step-by-step explanation:
To calculate P when x=500 using the given formula P=0.48x-94, you would follow these steps:
- First, substitute the value of x into the formula: P = 0.48 * 500 - 94.
- Next, multiply 0.48 by 500 to get 240.
- Then, subtract 94 from 240 to get P which equals 146.
- No rounding to the nearest hundredth is necessary in this case since 146 is already an integer.
So, the result rounded to the nearest hundredth is P=146.