Set up the formula to find the balance after 12 years for a total of $3,000 invested at an annual interest rate of 7% compounded continuously.

he can buy 4lbs. of live bait and 1lbs of natural bait

step-by-step explanation:

the revenue of the fitness center, y, is the product of two factors: the number of members and the fee paid by each member. there are 320 members now, but number of members goes down by 10 for each $5 increase in fees, so if x is the number of $5 price increases then members is equal to (320 - 10x). since the fee is currently $45, and the fee increases by $5 for every price bump x, the fee is given by (45 + 5x). so, revenue y is given by y = (320 - 10x)(45 + 5x).