In 2003, the annual sales at a company are $372,000. If sales are increasing at a rate
of 5% per year, in what year will the company's sales reach $1,000,000?

Answers

Answer 1

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


Related Questions

Please help! The question and answer choices are attached.

Answers

A is the correct answer

What would be the simple interest on an amount of $1000 at 4% interest?

A. $30

B. $60

C $50

D$40

Answers

Answer:

$40.

Step-by-step explanation:

This is the way I found the answer:

1.  4 ÷ 100 = 0.04

2.  0.04 x $1,000 = $40

Therefore, $40 is our answer.

Gasoline costs $3.37 per gallon. Mary's father puts 9i gallons in the tank of his car. How much will the gasoline cost?

Answers

9 gallons of gasoline would cost 30.33

9 x 3.37=30.33 you just have to multiply the gas by the gallons and then that will give you your answer

PLEASE HELP ME WITH NUMBER 11, WORTH 15 POINTS!!! AAAAA

Answers

Answer: 43.4

Step-by-step explanation: if it was dilated by a bigger number than 1 then it’s goin to have a bigger area and in this case it was dilated by

4 2/3 so you multiply the area by 4 2/3 to round your answer to the nearest tenth and u get 43.4

What is 1/6 more that 6/6?

Answers

Answer:

7/6 or 1 1/6

Step-by-step explanation:

can SOMEONE plz HELP!?!?!

Answers

Answer:

a. 100 m

b. 900 m

c. 5,100 m

d. 8,800 m

e. -650 m

Step-by-step explanation:

HELPPPPP PLZZZZZZZZZ​

Answers

Answer: 14

Step-by-step explanation:

10.5 / 3 = 3.5

4 x 3.5 = 14

Mackenzie ran the olympic marathon of 26 1/5 miles in a time of 5 4/5 hours. How far did she run in a 1 hour?​

Answers

Answer:

Step-by-step explanation:

v=d/t (average velocity equals distance divided by time)

26.2mi/5.8h=4.5mi/h

So Mackenzie runs approximately 4.5 miles in an hour (rounded to nearest tenth of a mile)

Find the median of the following numbers 1,-1,-5,3 and -4.​

Answers

-5
-4
-1
1
3

The answer is -1
Answer is -1 after you order them correctly

look below giving brainliest plz dont answer it incorrect

Answers

1 is   D 10,8

2 is B 10, 3

1) (10,8)

2) (10,3)

Do you want me to explain how I got it?

I need help I don’t understand. I will give brainliest.

Answers

Answer:

i think it is A

Step-by-step explanation:

width x base x height

<3

Rita makes strawberry jam every year. The number of quarts of jam she makes this year can be represented by the expression 3q - 8, where q is the number of quarts of jam she made last year. Rita made 10 quarts last year. How many quarts does she make this year? Help pleaseeee it’s urgent

Answers

Answer:

22 quarts

Step-by-step explanation:

3(10)-8

= 22

We will subsitute the q for 10, since in the expression it says she made 10 quarts last year.

Our new expression is 3(10)-8=

22 quarts

:) I know it is late, but I hope you understand

Omar sells potato salad in his sandwich shop. Omar used the equation y= 2.89x to determine the total cost for different amounts of potato salad. What is the cost of the potato salad at Omar’s Sandwich Shop (Like ___ Math input per pound)

Answers

Answer:

$2.98

Step-by-step explanation:

x is how many units of potato salad were sold and y represents the total earnings

Solve for x. 2.6, 10.4

Answers

Answer:

x=13

Step-by-step explanation:

2.6+10.4=13

Answer:

x=13

Step-by-step explanation:

2.6+10.4=13

hope this helped! UwU

how's everyone's day going? I want an actual sentence not just "good"

Answers

Answer:

My day has been trash so far.

Step-by-step explanation:

I was supposed to go to a meeting with my counselor and principal because of my terrible lack of motivation but no one showed up. I was also supposed to sign up for therapy because I'm depressed but no, it did not work. I woke up to my parents fighting and wanted to get something to eat until I remembered that I'm fat. The whole time I'm thinking about the boy I love, he left me. I seriously don't wanna be here or deal with any of this. Earth and humans are full of c.rap and I'm sick of it.

Thanks for asking tho

I hope your day has been great

The product of 0.014 and 100,000 is 1,400 because the decimal point in 0.014 moves Choose... places to the right.

Answers

Answer:

5

Step-by-step explanation:

The value 0.014 was multiplied by has 5 zeros. So the decimal point would move 5 places to the right

can someone pls help with this or drop a link w the answers? ty sm

Answers

Answer:

try using the app "photomath" or the website "wolframalpha. c0m"

i feel bad that im not answering any but have a good dayyy! i really hope this helped


A rectangular pyramid has a volume of 32 cubic feet. Find one possible set of measurements
for the base area and height of the pyramid.

Answers

Answer:

Ghe possible set of measurements for the base area and height are;

(96, 1)

(48, 2)

(32, 3)

(24, 4)

(16, 6)

(12, 8)

Step-by-step explanation:

Formula for volume of a rectangular pyramid is;

V = ⅓Bh

Where;

B is area of base

h is height of pyramid

Thus, if volume is 32, then;

32 = ⅓Bh

Multiply both sides by 3 to get;

Bh = 96

Factors of 96 are; 1, 2, 3, 4, 6, 8, 12, 16, 24, 32, 48, and 96

Thus, the possible set of measurements for the base area and height are;

(96, 1)

(48, 2)

(32, 3)

(24, 4)

(16, 6)

(12, 8)

Kind hearts, help me out with this one please? I'm talking about number 3...​

Answers

Answer:

91

Step-by-step explanation:

suppose there are x number of residents.

x²=8281

so, x=√8281=91

7. What is the value of y in the diagram shown to the right?
A 22.36068
B. 64
C. 84
D. 104

Answers

i think the answer would be C
Yes the answer should be C

NEED HELP ASAP PLZ PLZ ​

Answers

Answer:

EVERYONE THAT HAS WATCHED GINNY AND GEORGIA PLEASE GO REVEIW THE SHOW AND GIVE IT 5 STARS. WE NEED A SEASON 2 ..

Hugo is buying DVDs that cost $15 each. He has a coupon for $5 off his
total purchase. Write an equation to find c the total amount he will spend on
any number of DVDs d. Then use the equation to find the amount he will
spend if he buys 6 DVDs.

Answers

Answer: 85

Step-by-step explanation: 15 × 6= 90 - 5=  85

Question 3 out of 8
PLZ HELP ASAP!!!!!

Answers

The Five equal part equal 5 weeks. He gives $2 to the food banks. He will save a total of $40.
His neighbor pays $10 each week.
10 - x = 8
X=2
8x5=40

hey guys, i want to ask, is it different between (x-6) and ( 6-x ). pls ASAP​

Answers

Answer:

Yes.

Step-by-step explanation:

Let's use 5 for example as "x". 5-6 is -1 and 6-5 is 1. So yes, it does change. It is different.

A straight road to the top of a hill is 2500 feet long and makes an angle of 12° with the horizontal. Find the height of the hill. Round to the nearest foot.

Answers

The height of the hill is 520 ft

The height of the hill, h the length of the road, L and the ground form a right angled triangle with length of the road as the hypotenuse side and the height of the hill as the opposite side to the angle the road makes with the horizontal, Ф.

Now, from trigonometric ratios,

sinФ = h/L

The height of the hill

Making h subject of the formula, we have

h = LsinФ

Since L = 2500 ft and Ф = 12°, thus

h = LsinФ

h = 2500 ft × sin12°

h = 2500 ft × 0.2079

h = 519.78 ft

h ≅ 520 ft to the nearest foot

So, the height of the hill is 520 ft

Learn more about height of hill here:

https://brainly.com/question/24219606

There is a bag with only red marbles and blue marbles.
The probability of randomly choosing a blue marble is
5/12
.
There are 72 marbles in total in the bag and each is equally likely to be chosen.
Work out how many red marbles there must be.

Answers

Answer:

42 reds.

Step-by-step explanation:

There are 72 marbles in the bag.

P(Red) = 1 - Blue = 1 - 5/12 = 7/12

P(red) = 7/12 * 72 = 42

If 1 - 5/12 confuses you, then find the blue first

5/12 * 72 = 5 * 72/12 = 5 * 6 = 30

The rest must be red.

72 - 30 = 42

what is the factor of 360​

Answers

Answer:

The factors of 360 are 1, 2, 3, 4, 5, 6, 8, 9, 10, 12, 15, 18, 20, 24, 30, 36, 40, 45, 60, 72, 90, 120, 180, and 360.

Answer:

1, 2, 3, 4, 5, 6, 8, 9, 10, 12, 15, 18, 20, 24, 30, 36, 40, 45, 60, 72, 90, 120, 180 and 360, making a total of 24 divisors. 360 is a highly composite number.

Step-by-step explanation:

23 × 32 × 5

La suma de los ángulos internos de un heptágono es:
A. 720°
B. 900°
C. 360°
D. 1260°

Answers

Answer:  The sum of the interior angles of a heptagon is 900 degrees.

Use the Rational Root theorem to determine the factors of x^3 - 2x^2 - 13x - 10 given that one factor is (x + 1)

Answers

Answer:

The correct option is;

D. (x - 5)·(x + 2)·(x + 1)

Step-by-step explanation:

The Rational Root theorem is expressed mathematically as follows;

[tex]Possible \ rational \ roots = \dfrac{Factors \ of \ the \ constant \ term}{Factors \ of \ the \ leading \ coefficient}[/tex]

The given polynomial is presented as follows;

x³ - 2·x² - 13·x - 10

A factor of the polynomial = (x + 1)

The factors of the constant term, -10 = -10, -5, -2, -1, 10, 5, 2, and 1

The factors of the leading coefficient, (the coefficient of the variable having the highest degree or power, x³) = 1

Given that (x + 1) is a known factor, the other two factors are either (x + 5) and (x - 2) or (x - 5) and (x + 2)

The option, that combines (x + 1) and the other two factor combination is (x - 5)·(x + 2)·(x + 1)

∴ The solution which meets the condition is (x - 5)·(x + 2)·(x + 1)

We check;

(x - 5)·(x + 2)·(x + 1)  = x³ - 2·x² - 13·x - 10

George has opened a new store and he is monitoring its success closely.

He has found that this store’s revenue each month can be modeled by r(x)=x^2+5x+14 where x represents the number of months since the store opens the doors and r(x) is measured in hundreds of dollars.

He has also found that his expenses each month can be modeled by c(x)=x^2−3x+4 where x represents the number of months the store has been open and c(x) is measured in hundreds of dollars.



What does (r−c)(3) mean about George's new store?




The new store will have a profit of $3400 after its third month in business.

The new store will sell 3400 items in its third month in business.

​The new store will sell 2400 items in its third month in business.

​​The new store will have a profit of $2400 after its third month in business.

Answers

Answer:

The new store will have a profit of $3400 after its third month in business.  

Step-by-step explanation:

I took the test :)

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