It will take 7 years.
Given GDP is $20 trillion and increased GDP is $40 trillion.
Gross domestic product (GDP) is the standard measure of value added generated by the country's production of goods and services over a certain time period. GDP is the total monetary or market worth of all completed products and services produced within a country's boundaries in a certain time period.
As such, it also accounts for the money generated by such output, as well as the overall amount spent on final products and services (less imports).
Time take to reach $40 trillion is to be found.
Formula to find the time taken to reach $40 trillion is given below:
F = P *(1+i) ^t
Here,
F = 40,
P = 20,
I = 10%
Now put the values in the formula given above.
F = 0.1040 = 20 × (1+0.10) ^t(1.10)^t
= 40 / 20
= 2
Taking log both sides t = log 2 / log 1.10
= 7.27 yrs or 7 yrs
Therefore, it will take 7 years.
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Answer:
Creating a data warehouse
Explanation:
Customer relationship management or CRM aims at creating and maintaining good customer relationships, providing better customer satisfaction so as to increase sales.
CRM focuses upon providing good customer support and customer feedback.
The primary step, in Customer Relationship management is creating a data warehouse. Data warehouse refers to a database from where extraction of customer details gets convenient.
Such database can be used for data analysis and reveals customer habits and past purchase trends.
Answer:
b. did not know of the reward when he returned the dog.
Explanation:
Laredo advertises for getting his dog back. This does not infer that the dog will only be returned when the reward will be paid.
Miguel did not know about the reward, so the reward in this case is not mandatory to be paid, but if Laredo initiates the reward himself, that can be accepted.
This is a clear demonstration of being kind and get what you know.
So if you do not know the facts, you are on fault.
Watch where you post, because this is not business!
Tendinitis leads to the inflammation of tendons, it's painful and not exactly fun!
Answer:
Answer= 9 years
Explanation:
Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate
14,963.72=2200[1-(1.06)^-n]0.06
14,963.72=36,666.67[1-(1.06)^-n]
1-(1.06)^-n=(14,963.72/36,666.67)
(1.06)^-n=1-(14,963.72/36,666.67)
(1/1.06)^n=0.591898545
Taking log on both sides;
n*log (1/1.06)=log 0.591898545
Hence n=log0.591898545/log (1/1.06)
=9 years.
