Answer: A)$104,454
B)$180,200
C)$51,653
D)$47,521
Explanation:
First, substitute the value of N with 28,700
C= 2.42 ($28,700) + 35,000
Then open the bracket
69,454 + 35,000
=$104,454
B) substitute the value of N with $60,000, it gives $180,200
C) the value of C is given as $160,000, slot into the equation
160,000= 2.42N + 35000
160,000-35000= 2.42N
125,000=2.42N
N=125,000/2.42
N= $51,653
D) Value of C is given as 150,000
150,000= 2.42N + 35000
150,000-35000= 2.42N
115,000=2.42N
N=115,000/2.42
N= $47,521