Business company

QUESTION #1 1. Lumyn Electronics is a family owned business. The company sold 128 TV remote controls in July and incurred a total cost of $1,700. In November they sold 248 TV remote controls and incurred a total cost of $3,500. Based on this information, find the following: a) The marginal cost and monthly fixed cost for this company. b) A linear function that expresses the company's cost. c) The revenue and profit (or loss) for this company for the months of July and November, if the average price for each TV remote control sold was $20. QUESTION #2 1. After starting to turn significant profit, Lumyn Electronics decided that an investment account for their future expansion plans is now necessary. The company's goal is to expand to a major mall location for which $100,000 would be needed. If the investment account pays 12% interest compounded monthly, what would their initial investment have to be in order to reach their $100,000 goal in 5 years?