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
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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):
