The monthly revenue of the business grows by 8%, monthly
<h3>What is an exponential function?</h3>
An exponential function is any function that has its constant raised to the power of an argument.
An exponential function is represented as:
Where:
- a represents the initial value
- b = 1 + r; r represents the rate
From the table we have the following ordered pair
(x,y) = {(0,72000) (3,90000)}
So, we have:
Divide both sides by 72000
Take the cube roots of both sides
![b=\sqrt[3]{1.25}](https://tex.z-dn.net/?f=b%3D%5Csqrt%5B3%5D%7B1.25%7D)
Recall that:
So, we have:
Subtract 1 from both sides
Express as percentage
Hence, the monthly revenue of the business grows by 8%, monthly
Read more about exponential functions at:
brainly.com/question/11464095
Answer:
The correct option based on the below computation of Sharpe ratio for all funds is option C,Fund C.
Step-by-step explanation:
Sharpe ratio=(Average return of the fund-risk free rate of return)/standard deviation of the fund
Risk free rate of return is 6%
Fund A:
Sharpe ratio=(24%-6%)/30%=0.6
Fund B:
Sharpe ratio=(12%-6%)/10%=0.6
Fund C:
Sharpe ratio=(22%-6%)/20%=0.8
Fund has a sharpe ratio of 0.8 ,unlike funds A& B that have a ratio of 0.6 each
In other words option C is correct
Answer: $100.70
Step-by-step explanation: 6% is equal to 0.06, so you can add multiply the price of the item by 1.06 because that is the base cost plus the tax. Then you get $100.70.
Answer:
<h3> -8(2x +x )/-2y = - 30</h3>
Step-by-step explanation:
x=-5, y=2 and z=0
-8(2x +x )/-2y =(-8•3x)/-2y = [-8•3(-5)] / (-2•2) = 120/(-4) =-30
Answer:
-2g-12
Step-by-step explanation:
