The number of years it would take sales to reach $1,750,000 is 14.65 years.
<h3>What is the number of years?</h3>
The formula that can be used to determine the number of years it would take for the sales to reach $1,750,000 is:
Number of years : In (FV / PV) / r
Where:
- FV = future level of sales - $1,750,000
- PV = present level of sales = 850,000
- r = rate of growth - 4.931998%
Number of years : In ($1,750,000 / 850,000) / 0.04931998
Number of years : In (2.06) / 0.04931998
Number of years : 14.65 years
To learn more about how to determine the number of years, please check: brainly.com/question/21841217
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Hey there!
Firstly, we are going to divide by
on each of your sides because it paired off with a variable
Here's what I meant!
We would have to cancel out the:
because it gives us
Answer:
Good luck on your assignment and enjoy your day!
~LoveYourselfFirst:)
This situation is governed by a linear equation:
Total Pay = Base Salary + Commissions, and here that equation is:
Total Pay = $150 + 0.14(Total of sales for the week).
Here, Total Pay = $150 + 0.14($6050) = $150 + $847 = $997
<span>sometimes the</span> greater rate of change has<span> a “steeper” slope or </span>greater<span> absolute value than the other function ... </span>
Answer:
The distribution of the sample data will approach a normal distribution as the sample size increases.
Step-by-step explanation:
Central limit theorem states that the mean of all samples from the same population will be almost equal to the mean of the population, if the large sample size from a population, is given with a finite level of variance.
So, here Option C is not correct conclusion of central limit theorem -The distribution of the sample data will approach a normal distribution as the sample size increases.
We can say that the average of sample mean tends to be normal but not the sample data.
