Question

The owner of a restaurant franchise pays the parent company a monthly fee of $5163 plus 12% of sales.
(b) Use the equation from part(a) to compute the amount that the owner has to pay if monthly sales are $10,700.

Answer 1

Let x be the amount the owner has to pay if monthly sales are $10,700.
The equation is x = 5163 + 0.12 *10700
The equation is x = 5163 + 1284
The equation is x = $\boxed{6447}