A company 2
A company invests 51000. After 4 years of growth at the same rate each year, the investment is worth 68920. Find the annual growth rate as a percentage.
Correct answer:
Tips for related online calculators
Our percentage calculator will help you quickly and easily solve a variety of common percentage-related problems.
Do you want to convert time units like minutes to seconds?
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
arithmeticbasic operations and conceptsUnits of physical quantitiesthemes, topicsGrade of the word problem
Related math problems and questions:
- Profit growth
A company's profit increased by 25% during 1992, increased by 40% during 1993, decreased by 20% in 1994, and increased by 10% during 1995. Find the average growth in the profit level over the four years. - Wood in the forest
The amount of wood in the forest was estimated at 6000 m³. How much wood will be in the forest after 2 years if the annual growth of wood is 2.5% each year and logging 30 m³ each year? - Melanie
Melanie invests a total of $21,500 in two accounts. The first account earned a rate of return of 15% (after a year). However, the second account suffered a 10% loss in the same time period. At the end of one year, the total amount of money gained was $225 - Estimated 36373
The amount of wood in a specific forest area is estimated at 2,106 m3, and the annual wood growth is 2.1%. What will be the situation after 20 years?
- The machine
The annual depreciation of the machine is 10%. After eight years, the machine is worth 697 euros. What was the price of this machine at the time of purchase? - Computer
The school purchased the computer 10000. The price of a computer always depreciates the same percentage as the previous year. After four years, the value of the computer is reduced to 1300. How much percent was the declining price of the computer each yea - Investment of the year
At the beginning of the year, my father invested EUR 1,000 in the bank at an annual interest rate of 3%. How many euros will the bank credit him with the deposit after eight months? (compound interest - from financial mathematics)
