Write the Word or Phrase That Best Completes Each Statement $$P ( x ) = 2 x - 500$$

question 210

Short Answer

Write the word or phrase that best completes each statement or answers the question.
Solve the problem.
-The profit P for selling x items is given by the equation P(x) . Express the sales amount x as a function $$P ( x ) = 2 x - 500$$ of the profit P.

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Definitions:

Money

Money is a medium of exchange that nations have adopted to facilitate the sale, purchase, or trade of goods, services, and other transactions.

Future

A contract to buy or sell a specified asset at a predetermined price at a specified time in the future, used for hedging or speculation.

Equal Amounts

This term typically refers to financial transactions or mathematical problems where a series of payments or values are the same in each period.

Annuity Due

An annuity due is a type of annuity payment where payments are made at the beginning of each period, rather than at the end, as in an ordinary annuity.