1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Basile [38]
3 years ago
14

In 2003, the annual sales at a company are $372,000. If sales are increasing at a rate

Mathematics
1 answer:
Otrada [13]3 years ago
3 0

Answer:

20 years

Step-by-step explanation:

We start by writing an exponential equation;

FV = PV( 1 + r)^t

FV is the future value = 1,000,000

PV is present value = 372,000

r is rate = 5% = 5/100 = 0.05

t is time which we are looking for

1,000,000 = 372,000(1 + 0.05)^t

1.05^t = 1,000,000/372,000

1.05^t = 2.688

t ln 1.05 = ln 2.688

t = ln 2.688/ln 1.05

t = 20 years

You might be interested in
Graph the line represented by the equation.
harina [27]

Answer:

Step-by-step explanation:

first you need to put the equation in y=mx+b form

y-3=(-1/2)(x+4)

y-3= (-1/2x)+4

y=-1/2x+1

then you just graph

the y intercept is 1 and the slope is -1/2 so it’s going to be a negative graph and it starts from 1 on the y axis

5 0
3 years ago
Which of the following is the equation of g(x) if the parent function is f(x) = x2 and a = 3, h = -5, and k = 6?
rjkz [21]
I think it would be A.
6 0
3 years ago
A bag contains 19 red marbles, 27 green marbles, and 20 blue marbles. You choose a marble at random from the bag. What color mar
Andrej [43]

Answer:

Green

Step-by-step explanation:

As the majority of marbles are green, It will be most likely that you will get a green marble from the bag.

6 0
2 years ago
Read 2 more answers
The sum of the speeds of two trains is
luda_lava [24]

Answer:

Train 1: 368 mph

Train 2: 358.1 mph

Step-by-step explanation:

We can write 2 equations to represent this problem.

x+y=726.1

x=9.9+y

The x represents the first train and the y represents the second train.

We can plug in x into the first equation.

(9.9+y)+y=726.1

9.9+2y=726.1

2y=716.2

y=358.1

Now that we know our y, we can find our x.

x=9.9+y

x=9.9+358.1

x=368

3 0
3 years ago
What is the exponent of the exponential expression?
mars1129 [50]
The answer is going to be 4. Hope that helped.
5 0
3 years ago
Other questions:
  • Determine if the following sample is random or not. Mr. Newman chooses the first four students to be center leaders.
    5·1 answer
  • HELP! What is the value of X in the following parallelogram? WILL GIVE BRAINLIEST!
    7·2 answers
  • Im bored please talk to me
    10·2 answers
  • A simple random sample of months of sales data provided the following information: Month Units Sold a. Develop a point estimate
    7·1 answer
  • The equation that represents the canned goods order is 24x + 64y = 384, where x = number of minutes spent producing fruit cans,
    5·2 answers
  • 1769.9 in hours and secs<br><br> i need help
    7·1 answer
  • Hey guys I really need help
    11·2 answers
  • A 90% confidence interval for the average weight (in pounds) of Americans was found to be (185, 210). The point estimate for thi
    10·1 answer
  • I NEED HELP ASAP!!! I'LL GIVE BRAINLIEST FOR THE CORRECT ANSWER!!!
    5·2 answers
  • translate the unit 3 units right and 7 units down what will the new coordinate for C be if A(-4,-5) and B(0,1)
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!