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alright im in 12th grade in a 10th grade class but i need help with this problem, its a long one but I really need your help.
Thanks in advance.
US Olympic swimmer Michael Phelps was paid 2.5 million dollars by speedo to endorse men’s swim trunks. Since Phelps is so popular, people are lining up at the doors of sporting goods stores all around the world to buy themselves a pair of Michael Phelps Speedos. But before you run out and get a pair, remember that while you can buy high-end Speedos(which range from $180 to $400), duplicating Phelps’ physique is a whole different story.
The Speedos hit the stores at 8:00 AM on Monday morning, Speedo estimates people will rush in to purchase the swim trunks and that Phelps Speedo swim trunks will sell at $66,500 per hour.
Assume Speedo stores are open from 8:00 AM until 9:00 PM each day.
After how many hours of sales will Speedo begin to profit after paying for Michael Phelps his endorsement money?
On what day and at what time will this occur?
include:
The linear equations of both lines (Michael Phelps endorsement and Speedo’s sales of Phelps swim trunks vs time).
round your answer to the nearest 5 minutes.
Hours:____ Day:_____ Time:______:_________AM or PM
thanks a lot whoever can help me with this.
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