Charter Revenue The owner of a luxury motor yacht that sails among the 4000 Greek islands charges $440/person/day if exactly 20 people sign up for the cruise. H more than 20 people sign up (up to the maximum capacity of 100) for the cruise, then each fare is reduced by $4 for each additional passenger. Assuming at least 20 people sign up for the cruise, determine how many passengers will result in the maximum revenue for the owner of the yacht. passengers What is the maximum revenue? What would be the fare/passenger in this case? (Round your answer to the nearest dollar.) dollars per passenger

PREALGEBRA
15th Edition
ISBN:9781938168994
Author:OpenStax
Publisher:OpenStax
Chapter9: Math Models And Geometry
Section9.2: Solve Money Applications
Problem 76E: Parent Volunteer Laurie was completing the treasurer’s report for her son’s Boy Scout troop at the...
icon
Related questions
Question
100%
Charter Revenue The owner of a luxury motor yacht that sails among the 4000 Greek islands charges $440/person/day if exactly 20 people sign up for the cruise. However, if
more than 20 people sign up (up to the maximum capacity of 100) for the cruise, then each fare is reduced by $4 for each additional passenger.
Assuming at least 20 people sign up for the cruise, determine how many passengers will result in the maximum revenue for the owner of the yacht.
passengers
What is the maximum revenue?
What would be the fare/passenger in this case? (Round your answer to the nearest dollar.)
dollars per passenger
Transcribed Image Text:Charter Revenue The owner of a luxury motor yacht that sails among the 4000 Greek islands charges $440/person/day if exactly 20 people sign up for the cruise. However, if more than 20 people sign up (up to the maximum capacity of 100) for the cruise, then each fare is reduced by $4 for each additional passenger. Assuming at least 20 people sign up for the cruise, determine how many passengers will result in the maximum revenue for the owner of the yacht. passengers What is the maximum revenue? What would be the fare/passenger in this case? (Round your answer to the nearest dollar.) dollars per passenger
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 4 images

Blurred answer
Recommended textbooks for you
PREALGEBRA
PREALGEBRA
Algebra
ISBN:
9781938168994
Author:
OpenStax
Publisher:
OpenStax
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt