PROBLEM OF THE WEEK Someone is opening their own funeral home business. They know that money will be tight, but they want to try to earn and income of $40,000 a year (for themselves) for the first year. The business owner takes out a loan to buy a building and equipment. The loan is expected to cost $900 a month The payments on a used hearse are estimated to be $200 per month. The lead car is estimated to be $150 per month. After some research, the insurance for the business is estimated to cost $1,500 per year Licensing/certification cost for the year: $250 Total estimated income from funerals: $110,000 The business owner will have three employees. They estimate that each employee will work 20 hours a week for each week of the year Income - expenses - 40,000 = x*employee hours

PROBLEM OF THE WEEK Someone is opening their own funeral home business. They know that money will be tight, but they want to try to earn and income of $40,000 a year (for themselves) for the first year. The business owner takes out a loan to buy a building and equipment. The loan is expected to cost $900 a month The payments on a used hearse are estimated to be $200 per month. The lead car is estimated to be $150 per month. After some research, the insurance for the business is estimated to cost $1,500 per year Licensing/certification cost for the year: $250 Total estimated income from funerals: $110,000 The business owner will have three employees. They estimate that each employee will work 20 hours a week for each week of the year Income - expenses - 40,000 = x*employee hours

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter8: Functions

Section8.7: Direct And Inverse Variation

Problem 36PS

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