A lease provides that the tenant pays $760 minimum rent per month plus 4% of the gross sales in excess of $150,000 per year. If the tenant paid a total rent of $20,520 last year, what was the gross sales volume?

$435,000

Step-by-step explanation:

$760 per month * 12 months = $9,120

The minimum rent requires an annual rental cost of $9,120.

The annual rent was $20,520.

The excess was $20,520 - $9,120 = $11,400.

The amount of $11,400 of the rent was due to the gross sales in excess of $150,000.

$11,400 is 4% of the amount in excess of $150,000.

Let the amount in excess of $150,000 = x.

$11,400 = 4% of x

0.04x = 11,400

x = 285,000

$285,000 is the amount in excess of $150,000.

Total gross sales volume = $285,000 + $150,000 = $435,000

arithmetic sequence

step-by-step explanation:

given that a sequence has terms as

19, 15, 11,

this is represented on a graph

the pattern indicates that the sequence is an arithmetic sequence with i term

a=19 and common difference d =-4

any general term

thus the sequence is reduced by 4 for each successive term starting from 1 and nth term is

24-5n.

first negative term would start after 5th term

5th term =24-25< 0

from 5th term onwards the sequence would be negative.

the least value out of the data shown is 5, maybe if you post a picture with it i could a little more.

step-by-step explanation: