While-You-Train is a not-for-profit organization that aids the unemployed by supplementing their incomes by $7,000 annually, while they seek new employment skills. The organization has fixed costs of $200,000 and the budgeted appropriation for the year totals $750,000. How many individuals can receive financial assistance this year?
A) 29 people
B) 108 people
C) 79 people
D) 136 people

Question

Quizplus · Accepted Answer

$750,000 - $7,000N - $200,000 = 0; $550,000 = $7,000N; N = 79 people

While-You-Train Is a Not-For-Profit Organization That Aids the Unemployed by Supplementing