nicolette makes and sells jewelry as a part - time job during her summer vacation. at the beginning of her…

nicolette makes and sells jewelry as a part - time job during her summer vacation. at the beginning of her summer break she had $260 in her savings account. the table shows her earnings and expenses from the jewelry business each week.\n| | sales | supplies |\n|--|--|--| \n| revenue | $132 | |\n| expense | | $26 |\nweekly revenue and expenses\nnicolette makes and sells jewelry for 10 weeks and deposits all of her profits into her savings account. when she starts back at school she budgets $55 for each week. for how many weeks can she withdraw $55 from her savings account until the balance reaches $0?

nicolette makes and sells jewelry as a part - time job during her summer vacation. at the beginning of her summer break she had $260 in her savings account. the table shows her earnings and expenses from the jewelry business each week.\n| | sales | supplies |\n|--|--|--| \n| revenue | $132 | |\n| expense | | $26 |\nweekly revenue and expenses\nnicolette makes and sells jewelry for 10 weeks and deposits all of her profits into her savings account. when she starts back at school she budgets $55 for each week. for how many weeks can she withdraw $55 from her savings account until the balance reaches $0?

Answer

Explanation:

Step1: Calculate weekly profit

First, find the weekly profit. Profit = Revenue - Expense. Given revenue is $132 and expense is $26. So, the weekly profit $P = 132 - 26=106$.

Step2: Calculate total money after 10 - week business

She did business for 10 weeks. The total profit from 10 - week business is $10\times P=10\times106 = 1060$. She started with $260 in savings. So the total money in her account $T=1060 + 260=1320$.

Step3: Calculate number of withdrawals

She withdraws $55 per week. Let the number of weeks of withdrawal be $n$. We set up the equation $T-55n = 0$. Substitute $T = 1320$ into the equation: $n=\frac{1320}{55}$. $n = 24$.

Answer:

24