SOLUTION: 5) Cable: A new 1,000 mile system of Comcast cable costs an average of \$15,000/mile or \$15 million to build. Basic cable with monthly service charges is\$30 per month. How many home

Algebra ->  Algebra  -> Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: 5) Cable: A new 1,000 mile system of Comcast cable costs an average of \$15,000/mile or \$15 million to build. Basic cable with monthly service charges is\$30 per month. How many home      Log On

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 Click here to see ALL problems on Linear Equations And Systems Word Problems Question 381738: 5) Cable: A new 1,000 mile system of Comcast cable costs an average of \$15,000/mile or \$15 million to build. Basic cable with monthly service charges is\$30 per month. How many homes are needed to break even? How many homes are needed to return a 10 % profit? Answer and explain. Answer by stanbon(57203)   (Show Source): You can put this solution on YOUR website! A new 1,000 mile system of Comcast cable costs an average of \$15,000/mile or \$15 million to build. Basic cable with monthly service charges is \$30 per month. How many homes are needed to break even? 15 million/30 = (1/2) million ---- Comment: That is a meaningless number. Home fees do not a single mile of cable service, they support many miles of cable service. ------------------------------------------------------------- How many homes are needed to return a 10 % profit? Comment: Another meaningless number. 1.10*15 million = 16.5 million --- 16.5 million/30 = 0.55 million homes ================================================ Cheers, Stan H. ---------------------