In a company's first year in operation, it made an annual profit of $277,000. The
profit of the company increased at a constant 18% per year each year. How much
total profit would the company make over the course of its first 5 years of operation,
to the nearest whole number?

Answers

Answer 1
633,708 is the answer I got
Answer 2

Over the course of its first 5 years of operation, total profit the company would make is $633,709 .

What is a compound interest?

"Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest."

Given, the annual profit of the company at first year = P =$277,000.

The rate of increase of profit = r% = 18% =0.18.

Total duration = n = 5.

Therefore, after first 5 years of operation, total profit the company would make = P[(1 + r)/100]ⁿ

= $277,000(1 + 0.18)⁵

=$633,708.9

≈$633,709

After 5 years , the total profit would have $633,709.

Learn more about compound interest here: https://brainly.com/question/17088238

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Related Questions

A shoe store uses a ​50% markup for all of the shoes it sells. What would be the selling price of a pair of shoes that has a wholesale cost of ​$​59?

Answers

Answer:

ummm

Step-by-step explanation:

Answer:

29.50

Step-by-step explanation:

Please help! I mark brainlist.

Answers

Answer: A. -3/4x - 3

Triangle TAG is graphed as shown


Which of the following transformations will move triangleTAG so that point G is at the origin?

Answers

Answer:

The transformation is (x,y) to (x-2,y-6)

Step-by-step explanation:

First of all, we note the coordinates of the point G

The coordinates of the point G is (2,6)

To bring this to the origin, we are looking at bringing it to the point (0,0)

To do this, we subtract 2 from the x-value and 6 from the y value

So what we have is that;

(x-2) and (y-6)

(x-2, y-6)

Find the area of the trapezoid. Please help!

Answers

Answer:

Area = 1/2 (a + b )h

area = 1/2 ( 22.2 + 8.52 ) 9.86

area = 1/2 ( 30.72) 9.86

area = 1 x 30.72 x 9.86 ÷ 2

area = 151. 4496cm²

Answer:

The area of the trapezoid is 151.45cm sq

Skittles come in many different colors in my bag of 40 Skittles I had 12 green ones what percent of the bag was Green?​

Answers

Answer:

4.8

Step-by-step explanation:

A plumber charges a one-time fee of $75 plus a fixed hourly rate, h, in dollars. The plumber works at a customer's house for 2 hours and charges a total of $205.



What is the fixed hourly rate, in dollars, that the plumber charges?

Answers

Answer:

$65

Step-by-step explanation:

$205 - $75 = $130

$130 / 2 hours = $65

The hourly rate, in dollars, is $65 per hour.

read the directions answer correctly please ​

Answers

Answer:

Here x=10° ,2x=20° ,5x=50°

Answer:

x = 10.

5x =50.

2x = 20.

hope it helps

What is the value of |7| + |-3|

Answers

It would be 10. Sorry if I’m wrong

Answer:

10

Step-by-step explanation:

7 + (-3) = -10

But it's |7| + |-3| which means it is the absolute value

So 10

Hope this helps :)

Please consider Brainliest :)

Use the substitution method to solve the system of equations.
3x + 4y = 10
y = x-1
A. (2,3)
B. (2,1)
C. (3,2)
D. (1,2)

Answers

Answer:

B

Step-by-step explanation:

3x + 4(x-1) = 10

3x+4x-4=10

7x-4=10

+4     +4

7x=14

/7   /7

x=2

y=(2)-1

y=1

I need the top 2 pls

Answers

Answer:

Step-by-step explanation:

7:8 is 7/8

9:5

Anna is trying to figure out how much her 10-mile taxi ride is going to cost. It costs $5 to be picked up by the taxi, and each mile costs an extra $2. Which equation should Anna use to calculate her cost?

y= 2x+5
y= 5x+2
y= x^2+5x+10
y=(2)^x

Answers

Answer:

y=2x+5

because y is the final cost, x is the amount of miles times 2 since each mile costs $2, and an addition $5 for the taxi-pickup

Simplify 81 to the negative 3 fourths power. (1 point)

Question 8 options:

1)

−27

2)

negative 1 over 27

3)

27

4)

1 over 27

Answers

Answer:

negative 1 over 27

Step-by-step explanation:

81 * negative 1 over 27 = -3

Answer:

[tex] \dfrac{1}{27} [/tex]

Step-by-step explanation:

[tex] 81^{-\frac{3}{4}} = [/tex]

[tex] = \dfrac{1}{81^{\frac{3}{4}}} [/tex]

[tex] = \dfrac{1}{(\sqrt[4]{81})^3} [/tex]

[tex] = \dfrac{1}{(3)^3} [/tex]

[tex] = \dfrac{1}{27} [/tex]

Given the polynomial 5x3−2x2+12, what is the leading coefficient?
******( I"LL GIVE YOU BRAINIEST)!!!******
A. -2


B. 3


C. 5


D. 12

Answers

Answer:

a.2

Step-by-step explanation:

could somebody help please

Answers

if you have zero dollars you can’t buy anything

There is 1/3 of a pie shared equally between 5 children. How much of the pie does each child receive?

1/9 pie
1/15 pie
1/18 pie
1/20 pie

Answers

Answer:

1/15 pie

Step-by-step explanation:

An easy way to do this is instead of dividing, multiply the denominator by 5. You get 15. You can say Im just making a coincidence, but try it yourself!

(1/3)/5 is basically multiplication. You may have heard the saying, "division with fractions is multiplication". Thats true. Turn 5 into 5/1 and multiply. 5/1x1/3.

you get 1/15. Hope it helps

Also you have to flip 5/1 to 1/5 and then multiply hehe. thats how you get 1/15

Answer:

Its B, 1/15 hope this helps

Step-by-step explanation:

Find the next item in the pattern.
1, 10, 18, 25,...
30
28
38
31

PLS ANSWRR

Answers

Answer: 31

Step-by-step explanation: It is gradually going up in numbers going down.

From 1 to 10 is 9

From 10 to 18 is 8

From 18 to 25 is 7

So from 25 to 31 is 6.

Hope this helps you! ;)

Answer:

31

Step-by-step explanation:

You add 9, then 8, and so on

iris has 120 songs on her playlist each week she downloads 4 new songs. write an expression to show the total number of songs on iris's playlist after W weeks.

Answers

The answer is 4w+120.

Answer:

S(w)=120+4w

Step-by-step explanation:

The function has a base constant of 120 songs. Then for each week, 4 songs are added. On week 1, w=1, and thus it is 120+1(4). On week 2, w=2, and thus it is 120+2(4).

The length of each side of an equilateral triangle is 74 mm, correct to the nearest millimetre.

Calculate the smallest possible perimeter of the triangle.

Answers

Answer:

222mm

Step-by-step explanation:

The perimeter of a triangle is the sum of all of the sides. This triangle is equilateral, which means that all sides are equal and in this case, each side is 74mm. So to find the perimeter of this triangle add each, 74+74+74, which equals 222. Therefore, the answer must be 222mm.

Answer:

the answer is 222 mm.

hope it works

Abigail drew a scale drawing of the oldest house in her town. The actual house is 64 feet long. Abigail's scale drawing is 8 inches long. What scale did Abigail use to draw the house? 8 inches equal 1 foot 8 inches equal 18 foot 1 inch equals 18 foot 1 inch equals 8 feet

Answers

Answer:

1 inch equals 8 feet

Step-by-step explanation:

Given that;

Abigail drew a scale drawing of the oldest house in her town.

The actual  length of the house = 64 feet long

Abigail scale drawing =  8 inches long

The scale he used in drawing the house is determined by choosing a perfect scale:

i.e

If 8 inches is used to draw an actual length of a house which is 64 feet long,

Then 1 inch should be able to draw (64 feet * 1 inch)/ 8 inches

So, 1 inch should be able to draw 8 feet long

The scale used to draw the given house is required.

The scale used to draw the diagram is 1 inch equals 8 feet.

Scale diagrams

Actual length of the house = 64 feet

Scale drawing length = 8 inches

So,

[tex]64\ \text{feet}=8\ \text{inches}[/tex]

Now, the inches to feet is required.

So, we divide both sides with 8.

[tex]\dfrac{64}{8}\ \text{feet}=\dfrac{8}{8}\ \text{inches}\\\Rightarrow 8\ \text{feet}=1\ \text{inch}[/tex]

So, 1 inch in the diagram is 8 feet of actual length.

Learn more about scale diagrams:

https://brainly.com/question/3489790

What number should be included in the data set 9, 12, 8, 3, 11, 19, 23, 30, 21 if the range is 45?
a.46
b.-15
c.-3
d.39​

Answers

Answer:

b:-15

Step-by-step explanation:

There are 9 num in the set sowe add all the num and the we divide the answer we got

Answer:

The answer is:

b) - 15

Hope it helps:D

Given f of x equals 6 1 minus x , what is the value of f of negative 6 ?

Answers

Answer:

answer will be 67

Step-by-step explanation:

f(x) = 61 - x

x = -6

hence we substitute the value of x in f(x)

f(-6) = 61 - (-6)

= 61 + 6

= 67

The value of the function f(x) = 6(1 - x) at x = -6 will be given 42.

What is a function?

A function is an assertion, concept, or principle that establishes an association between two variables. Functions may be found throughout mathematics and are essential for the development of significant links.

The definition of simplicity is making something simpler to achieve or grasp while also making it a little less difficult.

The function is given below.

f(x) = 6(1 - x)

The value of the function at x = -6 will be given as,

f(-6) = 6[1 - (-6)]

Simplify the equation, then we have

f(-6) = 6[1 - (-6)]

f(-6) = 6(1 + 6)

f(-6) = 6 × 7

f(-6) = 42

The value of the function f(x) = 6(1 - x) at x = -6 will be given 42.

More about the function link is given below.

https://brainly.com/question/5245372

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Which of the table in the image below represents a function?
Table 1
Input: 4, 3, 2
Output: 3, 2, 1
Table 2
Input: 1, 2, 3
Output: 3, 5, 7
Table 3
Input: 0, 1, 1
Output: 0, 4, 5
Table 4
Input: 4, 4, 4
Output: 1, 2, 3

Answers

Answer:

A

Step-by-step explanation:

Which equations are correct?

Select each correct answer.




[tex]4c^4(3c^2)=12c^8[/tex]

[tex]3b^3(−2b^4)=−6b^12[/tex]

[tex]5y^4(2y^5)=10y^9[/tex]

[tex]5x^3(6x^4)=30x^7[/tex]

Answers

9514 1404 393

Answer:

  C, D

Step-by-step explanation:

The applicable rules of exponents are ...

  (a^b)(a^c) = a^(b+c)

__

The correct equations are the last two.

For the first two, the appropriate products are ...

  [tex]4c^4(3c^2)=4\cdot3c^{4+2}=12c^6\\\\3b^3(a^2b^4)=3a^2b^{3+4}=3a^2b^7[/tex]

determine whether g(x)=x2-5x+2 has a minimum of maximum

Answers

Answer:

g(x) has a minimum

Step-by-step explanation:

Given a quadratic in standard form

g(x) = ax² + bx + c ( a ≠ 0 )

• If a > 0 then vertex is a minimum

• If a < 0 then vertex is a maximum

Given

g(x) = x² - 5x + 2 ← in standard form

with a > 0 , thus

g(x) has a minimum

What is the y intercept?


What is the slope?

Write the equation of the line to represent situation.

Answers

Answer:

y int is 20

slope = 2

equation: y = 2x + 20

Approximate the value of (square root)17 to the nearest tenth.​

Answers

Answer:

4.1

Step-by-step explanation:

√17= 4.12310562561

the nearest tenth is 4.1

Answer:

4.1

Step-by-step explanation:

√17

4.1 (to nearest tenth)

Which is the greater fraction
3/4 or 11/16​

Answers

Answer:

3/4

Step-by-step explanation:

3/4 = 75%

11/16 = about 68%

Therefore, 3/4 is greater

Joseph buys carrots for his horse every weekend. He paid $4.69 for 7 carrots at a farm stand last weekend. This weekend, Joseph paid $5.76 for 12 carrots at the supermarket. Which location offers the better deal?

Answers

Answer:

The super market offers the best deal

Step-by-step explanation:

Answer:

Its the super market  ~your friendy neighborhood austrailain~

Step-by-step explanation:

Please Help!!!
(screenshot provided)
I have to find the value of X and Y in both questions. This is due today so please help ASAP!

Answers

Answer:

2. x=5

y=10

3. x=21

y=4

Step-by-step explanation:

2. 13y=20x+3y    10y=20x

8x+y=180-13y      14y=180-8x

y=2x    plugging that into 14y=180-8x   28x=180-8x     36x=180   x=5

plug x into 10y=20x    10y=100    y=10

3. 3(x+y)=(4x-9)    3x+3y=4x-9   x=3y+9

5x=180-4x+9        9x=189          x=21

plug 21 into x=3y+9     21=3y+9    12=3y    4=y

All employees of the Crafton Company are paid $0.375 for each wrench set they pack. How much would Kenny Pace earn if he packed 1,740 wrench sets in one week of work

Answers

Answer:

$652.50

Step-by-step explanation:

1740*0.375=652.5

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