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3 years ago

A population grows with an annual growth rate of 16.3 % per year. (a) what is the monthly growth rate?

1 answer:

6 0

Annual growth rate of population is 16.3%
monthly growth rate = ?
Months in one year = 12
let x be the monthly growth of population.
16.3% = 0.163
1+ 0.163 = 1.163
Now, (1.163)¹/¹² = 1.01266
for monthly growth percent
1.01266 - 1 = 0.01266 = 0.01266 x 100 = 1.266%≈ 1.3%

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3 years ago

When originally purchased, a vehicle costing $25,740 had an estimated useful life of 8 years and an estimated salvage value of $

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Annual depreciation= $5,660

Explanation:

Giving the following information:

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3 years ago

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Answer:

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3 years ago

The income statement for Stretch-Tape Corporation reports net sales of $540,000 and net income of $65,700. Average total assets

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3 years ago

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3 years ago