Annual sales for a company are $149,000 and are increasing at a rate of 6% per year; 7 years
2 answers:
$149<span> compounded on a </span>Yearly<span> basis over the course of </span>7<span> years at a </span>6% interest rate would be worth:
<span>$224</span>
This is exponential growth of the form:
F=Ir^t, F=final amount, I=initial amount, r=rate, t=time...in this case:
F=149000(1.06^t) so
F(7)=149000(1.06^7)
F(7)=$224040.91 (to the nearest cent)
You might be interested in
Answer:
4 Kids 13 Adults
Step-by-step explanation:
13 x 4 = 52 < Adults
4 x 2 = 8 <Kids
52
+ 8
----------
= $60
13 + 4 = 17 Tickets
I honestly don’t know what the answer is but I’m sorry
4:1 means for every four soccer player there is 1 volleyball player
that means there are four times the number of soccer players than volleyball players
Answer:
.....................................
Step-by-step explanation:
First one is 6/15 then .004 then .4%
