Question: A software development company is evaluating the costs of developing a new mobile application. The company estimates that it will require 20,000 hours of development

A software development company is evaluating the costs of developing a new mobile application. The company estimates that it will require 20,000 hours of development time. The fixed costs for the project are $500,000, and the variable costs per hour of development are $25. If the company plans to sell the application for $5 per download, how many downloads must be sold to achieve a target profit of $200,000?

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