1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrei [34K]
3 years ago
15

A house purchased 5 years ago for 100,000 was sold for 161,051. Assuming exponential growth , approximate the annual growth rate

, to the nearest percent .
Mathematics
2 answers:
charle [14.2K]3 years ago
7 0

Answer:

     ln A - ln P

r = ----------------

             t

Step-by-step explanation:

The exponential growth function is A = Pe^(rt), where r is the annual growth rate as a decimal fraction and t is the number of years.

Taking the natural log of both sides, we get

ln A = ln P + rt, or

ln A - ln P = rt

Since t = 5 yr,

     ln A - ln P

r = ----------------

             t

and in this case,

     ln A - ln P         11.989-9.21034

r = ----------------  =  ------------------------ = 0.56

             t                           5

The annual growth rate, to the nearest percent, is 56%

Pepsi [2]3 years ago
3 0

Answer:

?

Step-by-step explanation:

You might be interested in
Name and describe the methods for determining a marketing budget.
Mekhanik [1.2K]

Answer: There are several ways in which we can determine our marketing budget. Some of these are given below:

<u><em>1. Percentage of revenues:</em></u>

Under this method we usually  take a fixed percentage of our revenues and further allocating this amount for marketing. We will choose the percentage that works best for us.

<u><em>2. Percentage of net sales:</em></u>

This method determines our marketing budget as a fraction of our net sales. This method will take a lot of trial and error to find the percentage that works well for our company.

<u><em>3. Industry specific:</em></u>

Nowadays, industries have specific projections as to the amount they will need to spend on marketing . The best way to get these numbers is to find a firm that represents our industry and ask them to provide us with averages. We can then refine the actual costs.

<em><u>4. Objective/task oriented </u></em>

This is model that works by setting out goals, planning out the tasks and then estimating the cost for all of these tasks. It works greatly for firms who have a immense knowledge about measurements and information of their business processes.

4 0
3 years ago
PLEASE HELP ON TIMER!
worty [1.4K]

Answer: 98 degrees

Step-by-step explanation:

6 0
2 years ago
Read 2 more answers
PLEASE HELP ASAP! :(<br><br> Please help me find a, b, c, d!
s2008m [1.1K]

Answer:6 3 7 8 abcd and that order

Step-by-step explanation:

7 0
2 years ago
Solve F(x) for the given domain. Include all of your work in your final answer. Submit your solution. F(x) = x2 + 2 F(x + h) =
ira [324]

Answer:

F(x-h) = x² + 2xh +h² +2

Step-by-step explanation:

F(x) = x² + 2, x∈R

F(x + h) = (x + h )² + 2 = x² + 2xh + h² + 2

3 0
3 years ago
Brian compared the decimals 66.10, 21.10, and 66.11.
kogti [31]
Your answer is C hope this helps
3 0
3 years ago
Other questions:
  • Ḧ̤ë̤l̤̈p̤̈ p̤̈l̤̈ë̤ä̤s̤̈ë̤
    5·1 answer
  • An amusement park wants to install a zipline that is 500 feet long and slopes
    15·1 answer
  • Is 2,-5,-12,-19,-26 an arithmetic sequence
    12·2 answers
  • What is the list of multiples for 12?
    9·2 answers
  • two airplane leave an airport at the same time. after one hour airplane a is 315 kilometers away from the airport airplane b is
    8·1 answer
  • curved surface area of a cylinder is 1320 CM square and circumference its base is 56 .cm find the total surface area and volume
    13·1 answer
  • A hot air balloon is at 14 feet above sea level, if you remove 7 sandbags, where
    11·2 answers
  • 3 1/2 covert to ounces
    7·1 answer
  • Calculate the volume of each solid.<br> 14 cm<br> 18 cm<br> 22 cm<br> 19 cm
    14·1 answer
  • step right up for a new brainiest fair answer the question you get right you win the glorious brainiest
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!