Answer:
1,946,075.95 AED
Step-by-step explanation:
Firstly, we write the general formula for an exponential increase as follows;
V(t) = A( 1 + r)^t
where V(t) is the value after some number of years t
A is the investment amount which is 100,000 AED
r is the rate of increase which is 16% = 16/100 = 0.16
t is the number of years which is 20
substituting these values;
V(20) = 100,000( 1 + 0.16)^20
V(20) = 100,000(1.16)^20
V(20) = 1,946,075.95 AED
Answer:
Hello I'lll solve this problem.
Step-by-step explanation:
So the answer is actually C. I did the work.
10^8=100000000
100000000x6.71=671,000,000
The awnser is 671,000,000
The answer is A.) 500 Year books.
The profit they would gain from each year book would be $28 since each year book costs $7 to make and sells for $35. You would simply divide 14,000 by 28 to find how many books they would need to sell in order to get their investment back which would be 500 books.
Hope this helps.
