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
77julia77 [94]
3 years ago
10

The 1997 a value of an object was $5000. In 2012 , it was worth $9500. The annual percent growth has been constant. What is the

annual percent growth?
A) 1.37%
B) 2.37%
C) 3.37%
D) 4.37%
Business
2 answers:
Mamont248 [21]3 years ago
4 0
Given:
1997 - 5,000
2012 - 9,500

9,500 - 5,000 = 4,500
2012 - 1997 = 15 years

(9,500/5,000)^1/15  - 1
1.9^1/15 - 1
1.043718 - 1 = 0.043718
0.043718 * 100% = 4.3718%  

The answer is D.) 4.37%
frez [133]3 years ago
3 0

Answer:

D. 4.37 %

Explanation:

Around 1997 the value of the object was  $5000 . it later worth $9500 in the year 2012. The period in time from 1997 to 2012 is roughly 15 years. The amount increased by 9500 - 5000 = $4500.

The annual percentage growth is constant . That means the percentage growth for each year is constant. The annual percentage growth can be computed as follows:

f = final value

i = initial value

years difference = y

((f / i)∧ 1/y - 1) × 100

f = 9500

i = 5000

(9500/5000)∧ 1/15 - 1

(1.9)∧1/15 - 1

(1.9)∧ 0.06666667 - 1

1.0437189836  - 1 =  0.0437189836

convert to percentage

0.0437189836  × 100 = 4.3718983645

Annual percentage growth = 4.37 %

You might be interested in
Which figure (amount) should be larger?<br> A. Expenses<br> B. income<br> C. Extras<br> D. Needs
olganol [36]
ANSWER:

Income

WHY:

The expenses and extras and needs should all add up to the income and the income should be over these expenses


MARK ME BRAINLIEST PLEASE
3 0
3 years ago
Assume that a "leader country" has real GDP per capita of $50,000, whereas a "follower country" has real GDP per capita of $25,0
Julli [10]

Answer:

14 years

Explanation:

Given:

Leader country GDP = $50,000

Follower country GDP = $25,000

Growth rate of follower country = 5%

It is given that growth rate of leader country is "0" So real GDP will be $50,000.

Follower country GDP is half.

So, according to double match formula

Number of years to double = 70 years / rate of growth

Number of years to double = 70 years / 5%

Number of years to double = 14 year

So, In 14 years follower country will catch the GDP of Leader country.

5 0
3 years ago
Refer to the data below to answer the following questions:
IgorLugansk [536]

Answer:

What share of U.S. total income in 2013 consisted of Wages and salaries?

The share = Wages and salaries /Total income * 100

The share = $8,868 / $16,800 * 100

The share = 0.5278571 * 100

The share = 52.79%

What share of U.S. total income in 2013 consisted of Corporate profits?

The share = Corporate profits /Total income * 100

The share = $1,686/$16,800 * 100

The share = 0.100357 * 100

The share = 10.03%

4 0
2 years ago
Schnucks Supermarket promotes products like milk, eggs and other daily essentials at very low prices in order to attract consume
Veseljchak [2.6K]

Answer:

C. Build consumer traffic

Explanation:

By lowering the prices of daily essentials like milk and eggs Schnucks Supermarkets is building consumer traffic in their stores. The lower prices will tend to attracts more and more consumers because of that demand principle of the lower the prices the higher the demand. When the consumers increases what the supermarket achieves is a bigger consumer traffic in their store.

7 0
2 years ago
Drag the tiles to the correct boxes to complete the pairs.
vagabundo [1.1K]

Answer:

1. Reduced cycle time: reduced process time in different areas.

2. Increased visibility: real-time status or availability of any process or product.

3. Increased efficiency: faster execution of each process.

4. Better quality: high quality standards of products and processes.

Explanation:

In this scenario, Sheila and her team were able to successfully implement an IS in a hospitality organization; increased visibility, increased efficiency, better quality and reduced cycle time.

6 0
3 years ago
Other questions:
  • Rodriguez Corporation issues 13,000 shares of its common stock for $130,900 cash on February 20.Prepare journal entries to recor
    10·1 answer
  • A company enters Chapter 7 bankruptcy proceedings. Its balance sheet, prepared using GAAP for a company with continuing operatio
    8·1 answer
  • A marketing manager had a goal to improve market share for his paper plates by 2 percent in the coming year, and he felt he’d ne
    7·1 answer
  • tahir owns and operates a gym. In 2020, he purchased and placed the following new assets into service for his business: March 17
    15·1 answer
  • On March 2, 2015, Best Buy co. announced that it planned to repurchase up to $1 billion of its common shares. The company also a
    10·1 answer
  • The following transactions are July activities of Bill’s Extreme Bowling, Inc., which operates several bowling centers.
    7·1 answer
  • Which of the following is an example of a substitute for leadership within an organization?
    13·1 answer
  • Select the correct answer.
    11·1 answer
  • Whats Your Favorate View!<br><br><br><br> 2: whats your favorate exercize!
    12·1 answer
  • In the ocean, the greatest amount of heat from incoming solar radiation would transfer to ___
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!