Calculate the breakeven point

Assignment Help Mathematics

Reference no: EM1320045

Question: The College of Business at Tech is planning to begin an online MBA program. The initial startup cost for computing facilities, equipment, course development, & staff recruitment and development is USD 350,000. The college plans to charge tuition of USD 18,000 per student per year. However, the university administration will charge the college USD 12,000 per student for the first hundred students enrolled each year for administrative costs and its share of the tuition payments. If the college can enroll seventy-five students the first year, how much profit will it make?

Reference no: EM1320045

Questions Cloud

Finding the percentile : Scores on a test are normally distributed with a mean of 60.9 and a standard deviation of 12. Find P81, which separates the bottom 81% from the top 19%.

What is the magnitude of the total electrostatic energy : The electric motor of a model train accelerates the train from rest to 0.580 m/s in 33.0 ms. the total mass of the train is 563 g. Find out the average power delivered to the train during its acceleration. The units need to W for the final answer.

Calculating correlation coefficient for the given data : Calculate the correlation coefficient and prediction equation.

What is the coefficient of kinetic friction acting on disk : While john is travelling along an interstate highway, he notices a 160 mile marker as he passes through town. Later John passes another mile marker, 119.

Calculate the breakeven point : Calculate the breakeven point

What is the displacement of the car from the point of origin : An airplane starting from airport A flies 304 km east, then 364 km at 35.5° west of north, and then 150 km north to arrive at last at airport B.

Value of percentile-given mean and third quartile : Scores on a test have a mean of 73 and Q3 is 81. The scores have a distribution that is approximately normal. Find P90.

What is the distance between your eye and the image : A butterfly at eye level is 26 cm in front of a plane mirror. You are behind the butterfly, 48 cm from the mirror. What is the distance between your eye and the image of butterfly in the mirror.

What is the volume discharged per unit time : An airplane maintains a speed of 567 km/h relative to the air it is flying through as it makes a trip to a city 745 km away to the north.

User Account

All Pages