SOLUTION: The theater company is putting on a play. They have taken out a loan in the amount of $6,500 to cover the cost of making the costumes and printing the tickets and flyers. The theat

Question 804744: The theater company is putting on a play. They have taken out a loan in the amount of $6,500 to cover the cost of making the costumes and printing the tickets and flyers. The theater company has to pay 7% interest for the loan. If the auditorium holds 150 seats and each ticket sells for $9.00, how many sold out shows will the company have to put on to cover the cost of the loan?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
1.07(6500)=150*(9)x
x = 5.15185
5 sold out plus a partial
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