A city's population stood at 120,000 after five years of 3% annual growth. What was the population

Question:

A city's population stood at 120,000 after five years of 3% annual growth. What was the population five years previously?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

See More Books

Question Posted: Oct 21, 2020 05:43 AM

See More Questions

After five years of operations, Svenson's Tutoring Clinic showed the following post-closing balances at December 31, 2013. Required Analysis Component: a. Explain why Leda Svenson, Withdrawals,...
The auditor needs to assess management integrity as a potential indicator of risk. Although the assessment of management integrity takes place on every audit engagement, it is difficult to do and is...
What will your portfolio be worth in 10 years? In 20 years? When can you stop working? The Human Resources Department at Four Corners Corporation was asked to develop a financial planning model that...
Stenback Exercise Equipment, Inc. reported the following financial statements for 2016: Requirements 1. Compute the amount of Stenback Exercises acquisition of plant assets. Assume the acquisition...
An unknown mass of iron at 80oC is dropped into an insulated tank that contains 0.1 m3 of liquid water at 20oC. Meanwhile, a paddle wheel driven by a 200 W motor is used to stir the water. When...
Consider the following balance sheet and income statement for Metro Eagle Outfitters, in condensed form, including some information from the cash flow statement: Required Calculate the following...
Listed below are selected financial data from the accounting records of Retro Furniture Pty Ltd for the year ended 30 June 2022. Required Prepare an income statement for the year ended 30 June 2025....
On December 1, Discount Electronics Ltd. has three DVD players left in stock. All are identical all are priced to sell at $150. One of the three DVD players left in stock, with serial #1012, was...
What is the role of technology in today's recruitment and selection processes? What are the practical implications of this decision for public employer? Should they impose residency requirements at...
On March 31, 20Y4, the balances of the accounts appearing in the ledger of Danns Fumishings Company, a furniture wholesaler, are as follows: Accumulated Depreciation-Building $774,550 Merchandise...
How much more interest would Aman earn on an investment of $150,000 for ten years if he is able to negotiate a rate of 6% compounded monthly instead of the advertised rate of 5.4% compounded monthly?
A $1000-face-value compound-interest Series S126 Canada Savings Bond was redeemed on March 14, 2016. What amount did the bond's owner receive? (Obtain the issue date and the interest rates paid on...
A black hole appears black because a. It is too cool to radiate b. It is surrounded by an absorbing layer of gas c. Its gravitational field is too strong to permit light to escape d. Its magnetic...
You have two job offers. Job 1 has an annual starting salary of $60,000 with the expectation of a $1000 raise each year. Job 2 has an annual starting salary of $45,000 and expectation of a 7.5%...
2. (2 points) Calculate the difference between the present value of $300 per year cash payments for the next 40 years and the present value of $300 per year cash payments in perpetuity. Assume in...
Three objects are connected on a table by massless cords as shown in the figure. The coefficient of kinetic friction between the block of mass and the table is 0.25. The objects have masses of m1 = 2...
A major airline company, which we'll call Deltacorp, closed trading yesterday at $20 per share. This morning, Deltacorp announced a significant decrease in flight capacity for the upcoming fiscal...
A SWOT analysis can be considered an abbreviated version of the internal audit and external assessment. Discuss whether the SWOT approach could be an acceptable way of gathering the background...
The adjusted trial balance of Feagler Company for the year ended December 31, 2019, is as follows. Instructions Prepare a multiple-step income statement and retained earnings statement for 2019, and...
Akramin just graduated with a Master of Engineering in Manufacturing Engineering and landed a new job in Melaka with a starting salary of RM 4,000 per month. There are a number of things that he...
Gallup asked in a recent survey conducted around the world, In this country, are you satisfied or dissatisfied with your freedom to choose what you do with your life? The responses are 1 = Satisfied,...
Refer to Exercise 15.94. Each respondent was also asked whether they are currently depressed (1 = Yes, 2 = No). Is there sufficient evidence to infer that alcohol and current depression are related?...
Clinical depression is a serious disorder that affects millions of people. Depression often leads to alcohol as a means of easing the pain. A Gallup survey attempted to study the relationship between...
A company is faced with the decision of whether to lease or purchase new equipment. The equipment can be leased at an annual cost of $210,000 or purchased for $560,000. The equipment has an expected...
Braverman Company has two manufacturing departments-Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $28.00 per direct labor-hour and 120% of direct...
A stock had returns of 28%, 1%, and 13% over the previous 3 years. The average return on this stock over the 3-year period was 14%. What was the variance of this stock's returns over the previous 3...

A city's population stood at 120,000 after five years of 3% annual growth. What was the population

Question:

Step by Step Answer:

After five years the population of city 120000 Growth rate 3 ...View the full answer

Fundamentals Of Business Mathematics In Canada

Students also viewed these Mathematics questions