Exercise

Understanding royalties

Imagine you are the instructor of course creation at DataCamp. It hard launched three months ago (which incredibly coincided with the beginning of the quarter). At that time, you received $2,500 USD in prepaid royalties.

$$\text{Royalties}= \text{Royalty Rate} \times \text{Scaling Factor} \times \text{Number of Completions}$$

Variable Value
course_starts(n) 1000
course_completions(n) 915
average_royalty_rate($) 6
scaling_factor 1
prepayment ($) 2500

Use the console and the assumption variables listed above, which have been initialized for you to answer the following question:

How much would you earn at the end of the quarter since your course went live?

Instructions

50 XP

Possible answers