Answer: in five years time, the sales would be $100367
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total sales at the end of t years
r represents the growth rate.
n represents the periodic interval at which it was compounded.
P represents the current sales.
t represents the time in years
From the information given,
P = 75000
r = 6% = 6/100 = 0.06
n = 11 because it was compounded once in a year.
t = 5 years
Therefore,
A = 75000(1+0.06/1)^1 × 5
A = 75000(1+0.06)^5
A = 75000(1.06)^5
A = $100367
Answer:
B.
Step-by-step explanation:
process of elimination. the red dot is not a 1/4 of the number of lines, so it cant be 12.25, 13.625 is impossible because it has a value less than 13, and 12.625 is impossible as well because it has a value less than 12.5 therefore 12.375 is the best answer, and the only correct answer
Eight seven thousand and six hundred and fifty two
Answer:
306 km
Step-by-step explanation:
put both of them to equal in ratio form so now
85 / (7/6) = x / (21/5)
85 * (21/5) = 7/6x
357 = 7/6x
x = 306 km