Suppose that an insurance company's monthly earnings can be estimated using the given formula: E = QP - AC - V. Use the formula to answer the following question: Q = 1,550, P = $148.50, A = 24, C = $2,500, and V = $215,000. What are the monthly earnings? Show a loss in parentheses as ($23100) and break even at $0, for example.

A. ($44825)

B. ($32568)

C. $32568

D. $44825

Question

Mathematics

Camilla Wagner

23 April, 10:48

Suppose that an insurance company's monthly earnings can be estimated using the given formula: E = QP - AC - V. Use the formula to answer the following question: Q = 1,550, P = $148.50, A = 24, C = $2,500, and V = $215,000. What are the monthly earnings? Show a loss in parentheses as ($23100) and break even at $0, for example.

A. ($44825)

B. ($32568)

C. $32568

D. $44825

+4

Answers (1)

Know the Answer?

Reese Mitchell · Answer 1

E = QP - AC - V

Q = 1550

P = 148.50

A = 24

C = 2500

V = 215,000

time to sub and solve ...

E = (1550) (148.50) - 24 (2500) - 215,000 ... get the calculator out

E = 230175 - 60,000 - 215,000

E = - 44825 < = = = u have a loss, so ur answer is (44825) ... its A