In a company's first year in operation, it made an annual profit of \$333,500$333,500. The profit of the company increased at a constant 8% per year each year. How much profit would the company make over the course of its first 24 years of operation, ?

Answers

Answer 1

P × R × T ÷ 100

333,500 × 8% ×24 ÷ 100

64,032,000÷100

640,320

Answer 2

The amount of profit would the company make over the course of its first 24 years of operation should be $2,114,784.

Calculation of the amount of profit:

Since annual profit is $333,500

The profit percentage should be likely 8%

And, the number of years should be 24

So, the amount of profit should be

[tex]= $333,500 * (1 + 0.08)^{24[/tex]

= $2,114,784

hence, The amount of profit would the company make over the course of its first 24 years of operation should be $2,114,784.

Learn more about profits here: https://brainly.com/question/10176219


Related Questions

how many different teams of 11 players can be chosen from a soccer team of 15?

Answers

Answer:

1,365

Step-by-step explanation:

Answer:

There can be 1365 different ways of choosing 11 players from a squad of 15. This means there can be 1365 eleven-member teams formed with 15 players.

James has dimes and quarters saved up in his change jar. He has a total of 162 coins totaling $31.20. James has dimes

Answers

The question is incomplete:

James has dimes and quarters saved up in his change jar. He has a total of 162 coins totaling $31.20 what is the total amount james has in quarters?

a. $10.00

b. $6.20

c.$15.50

d.$25.00

Answer:

d.$25.00

Step-by-step explanation:

With the information provided, you can write the following equations given that dimes are equal to 0.10 and quarters to 0.25 to determine the number of dimes and quarters that James has:

x+y=162 (1)

0.10x+0.25y=31.20 (2), where:

x is the number of dimes

y is the number of quarters

First, you can solve for x in (1):

x=162-y (3)

Then, you have to replace (3) in (2) and solve for y:

0.10(162-y)+0.25y=31.20

16.2-0.10y+0.25y=31.20

0.15y=31.20-16.2

0.15y=15

y=15/0.15

y=100

Finally, you have to replace the value of y in (3) to find x:

x=162-100

x=62

Now, you know that James has 100 quarters and you can multiply this number for the value of a quarter to find the amount James has in quarters:

100*0.25=25

According to this, the answer is that James has $25 in quarters.

Fourteen percent of the town's population is over the age of 65. If there are 320
residents over the age of 65, approximately what is the town's population?

Answers

Answer:

2,285.7143

Step-by-step explanation:

There are two ways of doing this.

#1: Take 320, and divide it by the 14%. This should get you how many people are eqivlelent to 1 percent. When I did it out, 320/14 is equal 22.857143...

Remember this is 1%, and we need to find 100%. So we need to multiply the 1%, which was 22.857143, by 100.

This should get you 2,285.7143.

#2 Take your 100%, and divide it by the 14% that make up the 65+ population. This should get you 7.1428571.

Now you just have to multiply this number by the amount of 65+ residents, which is 320. So you should multiply 320x7.1428571.

This should get you the same exact answer, 2,285.7143

Answer:

2,285.7143

am i doing this correctly?

Answers

Yes that is how you do it

Q. You do lawn work for $13 an hour, but charge a $7.5 transportation cost. What rule
represents your business model?
answer choices
Cy=13x + 7.5
f y=13x - 7.5
By=20.5%
Dy=7.5x + 13

Answers

Answer:

Cy

Step-by-step explanation:

x is the number of hours

The answer to your question is Cy

The price of a scooter was Rs. 34000 last year. It has increased by 25% this year. Then the increase price is? Please in step by step answer method. I will mark you branliest.

Answers

Answer:

Rs. 42500

Step-by-step explanation:

100% + 25% = 125% ÷100 = 1.25

34000 x 1.25 = 42500

What is the measure, in degrees, of the missing interior angle?

O 70
O 40
O 10
O 170

(pls help)

Answers

Answer:

A) 70

Step-by-step explanation:

180 - 120 = 60

? = x

x + 50 + 60 = 180

x + 110 = 180

x = 70

So we need it to equal 120
120-50 is 70
So your answer is 70
Goodluck and have a good night or morning

You spin the spinner shown below once
The spinner has 4 equal sectors colored pink, purple, blue, and green
What is the probability of landing on Blue?

Answers

Answer:

1/4

Step-by-step explanation:

there are 4 colors meaning each one has a 1/4 chance

Find the slope of the line passing through the points D(10,8) and E(-4, 4)

Answers

Answer: 2/7

Step-by-step explanation:

Slope form: y2-y1/x2-x1

4-8/-4-10 ==> -4/-14 ==> 2/7

(I'll mark brainliest)Sam is planning a birthday celebration for his coworker. He drew the map below to show the places he needs to drive to get party supplies. The 'nap has a scale 1 inch to 25 miles.


Sam is currently at the bakery and his next stop is the florist. What is the actual distance, in miles, between the two places?

A. 10.0

B. 27.5

C 62.5

D.75 0

Answers

The correct answer is letter C

The gene that causes brown fur in a rabbit develops a
mutation that results in white fur.
How would this mutation most likely affect a rabbit that lives in a snowy
climate?

Answers

Answer:

It would help the rabbit by blending in with the environment and avoiding predators.

Step-by-step explanation:

I got the question right ap3x

Answer:

Step-by-step explanation:

It would help the rabbit by blending in with the environment and avoiding predators.

If Sally has 8 apples and she cuts them up and put them in the blender and drinks it
an throws it up and gives it to her friend what is the simplified
proportional divided by 3 if its blue?
___________________________________________________________JK XD
I'm tryna learn 7 Languages would anybody be willing to teach me?
1.Korean
2.Japanese
3.Spanish
4.Portuguese
5. Haitian Kreole
6. French
7. Cantonese ( If possible that's more harder than the math question I gave you)
____________________________________________________
Grades are coming soon i'm stressed what 65 x 89 - 9 + 7?

Answers

Answer:

What a question

Step-by-step explanation:

I speak Thai but doubt I can teach you

Answer:

5783 and 8/3

Step-by-step explanation:

65 x 89 - 9 + 7 then simplify and came up with 5783. and for the main question the answer is 8/3.and I only know little bit about Spanish only sorry here is all that I know about Spanish Uno is one in Spanish Dos is two on Spanish Tres is three in Spanish Cuatro is four in Spanish Cinco is five in Spanish Seis is six in Spanish Siete is seven in Spanish Ocho is eight in Spanish Nueve is nine in Spanish Diez is ten in Spanish and also Hola is hi and hello in Spanish and last but not least Amigos is friends in Spanish. oh in Thai hello is Sawadee.

You have a triangle with one 70 degree angle and one 40 degree angle. What is the measure of the other angle? A) 40 degrees B) 70 degrees C) 60 degrees D) 180 degrees

Answers

Answer:

B) 70 degrees

Step-by-step explanation:

The sum of angles in a triangle = 180 degrees

We are given 2 angles in the triangle = 70° and 40°

The measure of the third angle is

180° = 70° + 40° + 3rd Angle

3rd Angle = 180° - ( 70° + 40°)

= 180° - 110°

= 70°

The measure of the other angle is 70°

Option B is the correct option.

1. a line that is parallel to y=3/4x-9 has slope m=___________

Answers

parallel means same slope so it’s also 3/4

Answer:

Hi! The answer to your question is [tex]\frac{3}{4}[/tex]

Step-by-step explanation:

This equation is in y=mx+b or -b which is Slope Intercept form for Graphing basically y is the y intercept and b means slope, you don't have to do anything extra to find the slope when its in Slope Intercept Form all you have to do is look for usually its a fraction but it can also be a number but all you have to look for is the number that comes before b in the equation! If this has helped you please say that this has helped, if it hasn't please tell me what confuses you and i can quickly clear up that confusion! Have a nice day!

Can someone plz help me with this Math problem and plz explain how you got your answers

Answers

21 cause of x and y on its axis to atoms and protons and electrons

Help 6.5.AP-23 There were 675 people in line for a rock concert. Only 486 people got into the concert. Select the percent of people in line that did NOT get into the concert. Select the percent of people in line that did NOT get into the concert. O A. 75% OB. 30% OC. 72% OD. 28%​

Answers

Answer:

D. 28%

Step-by-step explanation:

675 people - 486 people that got in = 189 people left out

189 people out of 675 people = 189 / 675 = 0.28 or 28%

a baseball team played 32 games and lost 8 . Katy was the catcher in 5/8 of the winning games and 1/4 of the losing games. what fraction of the games did the team win? and how many games did Katy play catcher

Answers

Answer:

17

Step-by-step explanation:

what you have to is simple, first do 32-8 which get you 24, thats how many they won. Then do 8x1/4 to get 2, she played 2 games as catcher and lost, then do the same thing with the winning games. 24x5/8 should get you 15. she played 15 games as catcher and won. then do 15+2 to get 17.

hope that helps!

Answer:

1/4 - won

7/8 - katy played catcher

hope this helps you :)

Find the perimeter of the figure to the nearest hundredth.​

Answers

Perimeter: 36.84 feet

Let’s start with the easy part...all the rectangle pieces 6 x 3 = 18 feet

We know from subtracting the rectangle length (6ft) from the total length (12 ft) that the diameter of the circle is 6ft.

Circumference = diameter x pi
= 6 x 3.14 = 18.84

We have the circle split into 2 halves, but the circumference remains the same

18 + 18.84 = 36.84

I really need help ASAP and I only have 2 left of missing assignments on math and I am really bad at math and I am going to fail help me plzzzzz T^T continue

It's Homework #1: Odds

Answers

6 ) White
5 ) Not sure but my guess would be “B” don’t take my word on this one tho

Answer:

1/5 ; 7/10

Step-by-step explanation:

1) We have 10 letters, G and B are two letters, so the answer is 2/10, that can be simplify in 1/5

2) we have 7 parts black or white. The total parts are 10, so the answer is 7/10

For every 1 litre of water used to make a medicine, 300 ml of sucrose and 750ml of saline solution are used. Express the amount of water, sucrose and saline solution needed as a ratio in its simplest form.​

Answers

Answer:

20ml : 6ml: 15ml

Step-by-step explanation:

1000 milliters is 1 liter, so we would have to convert it to the ml so that it will all be in proportion. To simplify a ratio, divide by a number they can all be divided by. In this case, it was 10 first, so it made it 100: 30: 75. Then, to simplify it more, they can all be divided by 5, which is the lowest it can be since 20: 6: 15 have no numbers in common to be divided by.

Which graph represents the function y = 4?

Answers

Answer:

answer is ABCD

Step-by-step explanation:

I took the quiz

please check answer!

Answers

what answer do we need to check?

Plz help ASAP I’ll give brainliest!

Answers

Answer:

It's 35 months old and weighs 82 kilograms

The data is given in x, y, so the answer will also go in the order x, y.

Hope this helps! :)

please help me and i need the solving to
thank you

Answers

Answer:

<2 would also be 55°

Step-by-step explanation:

this is because the angles are congruent. but im not 100% sure

When the function ƒ(x) = 4x−2 is evaluated for x = 3, the output is:
-4
-6
-16
-none

Answers

Answer:

None

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Terms/Coefficients

Step-by-step explanation:

Step 1: Define

f(x) = 4x - 2

x = 3

Step 2: Evaluate

Substitute in x [Function]:                                                                                f(3) = 4(3) - 2Multiply:                                                                                                             f(3) = 12 - 2Subtract:                                                                                                            f(3) = 10

Can someone please help!!! i really need it

Answers

Answer:

Step-by-step explanation:

6. 8

7. 21

8. 18

Plzz I asked this three times! The Functions r and s are defined as follows.
r(x)=-2x+2
s(x)=x^2+2
Find the value of s(r(2)).

Answers

Answer:

s(r(2)) = 6

Step-by-step explanation:

You would first solve for r(2). You then input r(2) which equals -2 into s(r(2)).

r(x)= -2x + 2

r(2)= -2(2) + 2

r(2)= -4 +2

r(2)= -2

s(x)=x² + 2

s(r(2)) = (-2)² +2

s(r(2)) = 6

PLEASE HELP! NO LINKS!!

Answers

Answer:

69 slices

Step-by-step explanation:

3 5/6 = 3 15/18 = 69/18

if each slice is 1/18, then 69 slices

Can anyone help me with this math equation?

Answers

Answer:

yes I can help you. the answer to the problem is 4/35.

Step-by-step explanation:

1. convert any mixed number into fractions.

your equation becomes 4/7÷5/1. this equals 4×1 over 7×5. multiply normally and your result is 4/35

A diver found a school of fish 85 feet below the surface of the ocean. He found coral 95 feet deeper than the fish. How many feet deep from the surface was the coral?

Answers

Answer:

180 feet

Step-by-step explanation:

85+95=180 because depth + depth.

The total deep 180 feet from the surface was the coral.

What is the unitary method?

The unitary method is a method for solving a problem by the first value of a single unit and then finding the value by multiplying the single value. If an event can occur in m different ways and if following it, a second event can occur in n different ways, then the two events in succession can occur in m × n different ways.

Given that diver found the school of fish 85 feet below the surface of the ocean. Which he found coral 95 feet deeper than the fish.

The total deep from the surface was the coral.

Therefore, it could be;

depth + depth.

85 + 95 = 180

Hence, the total deep 180 feet from the surface was the coral.

Learn more about the unitary method, please visit the link given below;

https://brainly.com/question/23423168

#SPJ2

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