Question

PROFITS The profit p, in thousands of dollars, of a company is

modeled by the equation p = 3.7c%, where c is the number of
customers in thousands. Determine the profits of the company if they
have 32,000 customers.
A. $142,080
B. $236,800
C. $307,625.29
D. $942,717,779.90

Answer 1

to find the profits of the company if they have 32,000 customers, we can substitute c = 32 into the equation:

p = 3.7c%

p = 3.7(32)%

p = 3.7(0.32) [Note: 32% is equivalent to 0.32]

p = 1.184

Therefore, the profit is $1,184,000 (in thousands of dollars), which is closest to option B, $236,800.

So the answer is B. $236,800.