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katen-ka-za [31]
3 years ago
10

In 1923, koalas were introduced on kangaroo island off the coast of australia. In 1996, the population was 5000. By 2005, the po

pulation had grown to 27 number , 000, prompting a debate on how to control their growth and avoid koalas dying of starvation.1 assuming exponential growth, find the (continuous) rate of growth of the koala population between 1996 and 2005. Round your answer to one decimal place.
Business
1 answer:
zzz [600]3 years ago
6 0

Answer: The continuous growth rate of koalas is 18.7%.

We use the formula for continuous growth to find the rate of growth. The formula is:

Population_{2007} = Population_{1996}*e^{rt}

Substituting the values we get,

26000 = 5000*2.71828^{9r}

\frac{26000}{5000} = 2.71828^{9r}

5.4 = 2.71828^{9r}

We can solve this equation further by taking the normal log of both sides of the equation.

ln5.4 = 9r * ln2.71828

1.686398954=9r*0.999999327

1.686398954=8.999993946r

\frac{1.686398954}{8.999993946} =r

0.187377788 = r

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Currently, Bruner Inc.'s bonds sell for $1,250. They pay a $120 annual coupon, have a 15-year maturity, and a $1,000 par value,
elena-14-01-66 [18.8K]

Answer:

2.11%

YTM 0.089142162

YTC 0.068070103

Difference: 0.021072059 = 0.0211 = 2.11%

Explanation:

To calculate each rate we must solve for a rate at which the future coupon payment and maturity (or call value) equals the market price:

This is solve for excel and goal seek tool

It could also be solve with a financial calculator

YTC:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

Coupon payment: $ 120

time 5 yeaars

rate 0.068070103 (solved with excel)

120 \times \frac{1-(1+0.0680701028057608)^{-5} }{0.0680701028057608} = PV\\

PV $494.5766

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity: $ 1,050 (call price)

time   5.00

rate  0.068070103

\frac{1050}{(1 + 0.0680701028057608)^{5} } = PV  

PV   755.42

PV c $494.5766

PV m  $755.4235

Total $1,250.0002

YTM:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

Cuopon payment: $ 120

time 15 years

rate 0.089142162 (solved with excel)

120 \times \frac{1-(1+0.0891421622982136)^{-15} }{0.0891421622982136} = PV\\

PV $972.2006

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity $ 1,000.00

time   15 years

rate  0.089142162 (solved with excel)

\frac{1000}{(1 + 0.0891421622982136)^{15} } = PV  

PV   277.80

PV c $972.2006

PV m  $277.7995

Total $1,250.0001

6 0
3 years ago
Potential GDP refers to the level of ___________ Select one: a. Nominal GDP in the long run. b. Nominal GDP in the short run. c.
Aloiza [94]

Answer:

c. Real GDP in long run

Explanation:

Potential GDP refers to the level of real GDP in long run.

8 0
3 years ago
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The drawee is the
IRINA_888 [86]

Answer:

C

Explanation:

The drawee is the bank with which the drawer has an account.

8 0
3 years ago
Total revenue:
pishuonlain [190]

Answer:

remains unchanged as price increases when demand is unit elastic.

Explanation:

Total revenue = price × quantity

Demand is elastic when a small change in price has a greater effect on the quantity demanded.

If price is increased and demand is elastic, quantity demanded would fall more than the increase in price and total revenue falls.

Demand is inelastic if a small change in price has little or no effect on quantity demanded.

If price is increased and demand is inelastic, change in quantity demanded would be less than changes in price. As a result, total revenue would increase.

Demand is unit elastic if a change in price has an equal proportional effect on quantity demanded. The elasticity of demand always sums up to one.

If price is increased and demand is unit elastic, there would be no change in total revenue.

I hope my answer helps you

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4 years ago
If the payment is not made on the credit card by the end of the grace period, which of the following will occur?
Phoenix [80]

C. Interest will be charged - Apex

3 0
3 years ago
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