330/3= 110
550/110=5
Answer is 5 books
Answer:
the stock will sell for $59.16
Step-by-step explanation:
P0 = 2 * (1+0.2) / (1+0.105) + 2 * (1+0.2) * (1+0.12) / (1+0.105)^2 +
2*(1+0.2)*(1+0.12)^2 / (1+0.105)^3 +
[(2 * (1+0.2) * (1+0.12)^2 * (1+0.06) / (0.105-0.06)) / (1+0.105)^3 ]
P0 = $59.16
Yes, It is reasonable. I think this because you are dealing with 60 blocks, and out of every 5 blocks there are 3 red. 5 goes into 60 12 times. 3 multiplied by 12 is 36. 36 is more than 32. So, I think that it is reasonable. If this explanation didn't make sense, then feel free to ask for more. I hope this helped!
Answer:
$9.3 million
Step-by-step explanation:
Given that the company profit increases by 9% yearly from 2005.
Using the exponential growth formula;
A = P(1+r)^(t) .....1
Where;
A = final amount/value of profit
P = initial amount/value = $6.6 million
r = growth rate yearly = 9% = 0.09
t = time of growth in years = 2009 - 2005 = 4 years
Substituting the values;
A = 6.6(1+0.09)^(4)
A = 6.6(1.09)^(4)
A = 9.3164386 million
A = $9.3 million
The companies profit in the year 2009 to the nearest 10th of $1 million is $9.3 million
I believe the answer is graph A.
As x increases (moving to the right), y decreases (moving down).
