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Author Question: In 1990, a company's profit was 44.0 million dollars. In 2000, the company's profit was 119.6 ... (Read 70 times)

james0929

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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


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Marked as best answer by james0929 on Jun 16, 2021

coyin

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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.
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james0929

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Reply 2 on: Jun 16, 2021
Great answer, keep it coming :)


nothere

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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