1/8, or 0.125 is the correct answer
Answer:
$6.76 million
Step-by-step explanation:
The computation of the profit of the year in 2011 is shown below:
Given that
In year 2007, it made $4 million profits
And it would be increased by 14% till 2011
So,
= $4 million × (1 + 0.14)^4
= $4 million × 1.68896016
= $6.76 million
Answer:
Y intercept is 2
Step-by-step explanation:
m is slope and b is y intercept
538 x 100 = 53,800
Therefore the product is 53,800.
Fv=pv(1+tr)
Fv=500×(1+0.03×2)
Fv=530