This topic contains a solution. Click here to go to the answer

Author Question: In 1990, a company's profit was 44.0 million dollars. In 2000, the company's profit was 119.6 ... (Read 78 times)

james0929

  • Hero Member
  • *****
  • Posts: 586

Question 1

If $4000 is invested in an account that pays interest compounded continuously, how long will it take to grow to $8000 at 7%?
◦ 4.9 years
◦ 9.9 years
◦ 12.1 years
◦ 10.0 years

Question 2

In 1990, a company's profit was 44.0 million dollars.  In 2000, the company's profit was 119.6 million dollars. Assume that the growth of the company's profit follows the exponential model and use 1990 as the base  When will the company's profit be 217.9 million dollars?
◦ 2004
◦ 2011
◦ 2006
◦ 2009


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by james0929 on Jun 16, 2021

coyin

  • Sr. Member
  • ****
  • Posts: 334
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly




james0929

  • Member
  • Posts: 586
Reply 2 on: Jun 16, 2021
Thanks for the timely response, appreciate it


cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For a complete list of videos, visit our video library