4 years ago

A business would have a positive cash flow if revenue is ___operating expenses.

Business

1 answer:

garri49 [273]4 years ago

3 0

I think the most appropriate answer would be "greater"

I hope it helped you!

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3 years ago

3. Suppose we have an investment of $10,000 that is earning 2.1% interest compounded continuously. How long would it take to tri

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It will take an approximate of 52 years to triple the initial investment.

The formula for Future value is A = Pe^(rt)

Given Information

Triple amount

Rate = 2.1%

$3 = e^(.0.021t)\\ln(3) = 0.021t\\t = ln(3)/0.021\\t = 1.09861228867 / 0.021\\t = 52.314870889\\t = 52.31$

Therefore, it will take an approximate of 52 years to triple the initial investment.

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