Enterprise

The value of annual production enterprise is 7.1 million USD. The average annual growth rate is 1.5%.

What will be value of production at the end of the fifth year?

Result

x =  7.649 mil

Solution:

Try another example

Leave us a comment of example and its solution (i.e. if it is still somewhat unclear...):

Showing 0 comments:

Be the first to comment!

Next similar examples:

1. BTC bubble
   One of the world's experts in bubbles -- Prof. Robert Shiller, a Yale economist -- said Bitcoin "was an amazing example of a bubble" back in 2014. If you exchange fiat US dollar $100 to BTC in 2010, now in 2017 have value of 72.9 millions dollars. Find.
2. Combined interest
   Combined interest: Carol has deposited CZK 100,000 in the bank with an annual interest rate of 1.5%. The money was put into the account 5.5.2016 and withdraw them all before Christmas 20.12.2016. How much money did she withdraw?
3. Annual pension
   Calculate the amount of money generating an annual pension of EUR 1000, payable at the end of the year and for a period of 10 years, shall be inserted into the bank to account with an annual interest rate of 2%
4. 925 USD
   Four classmates saved an annual total 925 USD. The second save twice as the first, third 35 USD more than the second and fourth 10 USD less than the first. How USD save each of them?
5. Shuyen
   Shuyen wanted to save some money. She deposited Php.300 in a bank which pays 0.5% interest per annum. After nine months, she needed the money to buy some gifts. How much will she be able to get if he withdraws all her money from the bank?
6. Employees
   The company employs 1 440 employees (men and women). For over-average results, the premiums were 18.75% of all men and 22.5% of all women. 20% of employees were rewarded with premiums. How many men and how many women are employed in the company?
7. Borrowing
   I borrow 25,000 to 6.9% p.a.. I pay 500 per month. How much will I pay and for how long?
8. Profit gain
   If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:
9. Theorem prove
   We want to prove the sentense: If the natural number n is divisible by six, then n is divisible by three. From what assumption we started?
10. Loss
    A bookstore purchased from a publisher the biography of a well-known politician for R15 per copy, but sales have been very poor. The manager has decided to mark the copies down to R12 each to make a quick sale. Calculate the loss on each book as a percenta
11. Commission 2
    Mr gomez sells used cellphones. His commission for every cellphone sold is 20%. If his total sales is Php 33850, how much is his commission? Please, please, please show your solution.
12. Dividing money
    Thomas, Honza and Vasek are to divide 1220kč. Honza got 25% more than Thomas. Vasek 20% less than Thomas. How CZK each got?
13. Reward
    Three workers have shared a common reward 13110 CZK follows: first worker got 35% less than the second and third worker got 20% more than the second worker. How much got each worker?
14. Account operations
    My savings of php 90,000 in a bank earns 6% interest in a year. If i will deposit additional php 10,000 at the end of 6 months, how much money will be left if i withdraw php 25,000 after a year?
15. Trip to a city
    Lin wants to save $75 for a trip to the city. If she has saved $37.50 so far, what percentage of her goal has she saved? What percentage remains?
16. Socks
    One pair of socks worth CZK 27. Set of 3 pairs of these socks are sold with 10% discount. How many we will pay CZK for two offered sets of socks?
17. A candle
    A candle shop sells scented candles for $16 each and unscented candles for $10 each. The shop sells 28 candles today and makes $400. a. Write a system of linear equations that represents the situation. b. Solve the system to answer the questions: How m