Sales for a new car is expected to grow according to the equation: S = 150000(1-e -0.06t
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Question:
Sales for a new car is expected to grow according to the equation: S = 150000(1-e-0.06t), where t = months i) Calculate the number of cars sold after one year. ii) Calculate the number of cars sold after 6, 12, 24, 36, 48, 72 months. iii) Plot the graph and comment on the general trends
Andile bought a new home in 2005. The value of the home increases by 4% per year. If the price of the house is R225 000 in 2018 how much did he pay for the house in 2005?
Suppose United States has a population growth rate of 05%. If there were approximately 320 million people in the year 2015, when will there be 500 million people in the United States?
Related Book For
Entrepreneurial Finance
ISBN: 978-0538478151
4th edition
Authors: J . chris leach, Ronald w. melicher
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