Answer:
25306
Step-by-step explanation:
a=starting value = 20000
r=\text{rate = }4\% = 0.04
r=rate = 4%=0.04
\text{Exponential Growth:}
Exponential Growth:
b=1+r=1+0.04=1.04
b=1+r=1+0.04=1.04
\text{Write Exponential Function:}
Write Exponential Function:
y=20000(1.04)^x
y=20000(1.04)
x
Put it all together
\text{Plug in time for x:}
Plug in time for x:
y=20000(1.04)^{6}
y=20000(1.04)
6
y= 25306.38037
y=25306.38037
29) Turns is the ratio of annual amount to average amount.
Cost turns = 57,982.85/15,545 ≈ 3.73
Sales turns = 130,935.60/35,388 ≈ 3.70
30) Consider January of the following year to be month 13.
7/16 to 13/14 is 6 months less 2 days. There are 31 days in July, August, October, and December, so 4 more days than 30 days per month. The total number of days is 6*30 -2 +4 = 182
31) I = Prt = $5380×0.118333×90/360 = $159.16
You should get a hoodie. Thx for free points lol
Good luck my G. I gotta answer 2 questions so I can post pics of my test