In the year 2007, a company made $6.6 million in profit. For each consecutive year after that, their profit increased by 13%. How much would the company's profit be in the year 2010, to the nearest tenth of a million dollars?

Answers

Answer 1

Answer:

$9.5 million

Step-by-step explanation:

Profits = $6.6 million

Each year increase = 13% = 0.13

2007 - 2010 = 3 years

Profits = 6.6(1 + .13)^3

= 6.6(1.13)^3

= 6.6 × 1.442896

= $9.5231202 million

Approximately $9.5 million to the tenths of a million dollars


Related Questions

Evaluate each value expression for the given valueof x: 20-3x, x=5

Answers

Answer:

= 5

Step-by-step explanation:

20 - 3(5)

20 - 15

= 5

EASY QUICK POINTS

Read the list of properties below.
Two sets of parallel sides
Opposite angles that are congruent
Opposite sides that are congruent
Angles that do not measure 90°


Which polygon would have all of these properties?
rectangle
rhombus
square
trapezoid

Answers

the answer is rhombus...

Answer:

rhombus

Step-by-step explanation:

I need help on this quesion. (Easy)

Answers

Answer:

the answer is C

Step-by-step explanation:

just divide 42.75 by 9

PLEASE HELP! THANK YOU!!!

Answers

♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️

[tex]3(x - 2) = 12[/tex]

[tex]x = 6[/tex]

_________________________________

[tex]6(x + 5) = 54[/tex]

[tex]x = 4[/tex]

_________________________________

[tex]3x + 5 = 32[/tex]

[tex]x = 9[/tex]

_________________________________

[tex]5(x + 7) = 45[/tex]

[tex]x = 2[/tex]

_________________________________

[tex]7x + 6 = 41[/tex]

[tex]x = 5[/tex]

_________________________________

[tex]2(x + 7) = 29[/tex]

[tex]x = 7.5[/tex]

_________________________________

[tex]4(x + 3) = 30[/tex]

[tex]x = 4.5[/tex]

_________________________________

[tex]5(x - 4) = 20[/tex]

[tex]x = 8[/tex]

_________________________________

[tex]3x - 10 = 23[/tex]

[tex]x = 11[/tex]

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Card A: x = 6

Card B: x = 4

Card C: x = 9

Card D: x = 2

Card E: x = 5

Card F: x = [tex]\frac{15}{2}[/tex]

Card G: x = [tex]\frac{9}{2}[/tex]

Card H: x = 8

Card I: x = 11

There you go bud. :')

You owe me for this lol.

The yield of corn in bushels per acre and the amount of rain in the growing season.

Identify the explanatory variable and the response variable, if possible.

1. Amount of rain is the explanatory variable and yield of corn is the response variable.

2. Bushels per acre is the explanatory variable and amount of rain is the response variable.

3. Yield of corn is the explanatory variable and amount of rain is the response variable.

4. Amount of rain is the explanatory variable and bushels per acre is the response variable.

5. Rain is the explanatory variable and corn is the response variable.

Answers

Answer:

1. Amount of rain is the explanatory variable and yield of corn is the response variable.

Step-by-step explanation:

Explanatory Variable is the causal variable, which effects the other variable.

Response Variable is the resultant variable, which is effected by the other variable.

In this case, amount of rain effects the yield of corn (bushels per acre).

So, Amount of rain being causal effecting variable - is Explanatory Variable. Corn yield, being resultantly effected variable - is Response Variable.

Maya will deposit $1,650 in an account that earns 5% simple interest every year. Her brother, James, will deposit $1,600 in an account that earns 8% interest compounded annually. The deposits will be made on the same day, and no additional money will be deposited or withdrawn from the accounts. Compare and contrast the two siblings' accounts after four years.

Answers

Answer:

6930 for Maya and James is 6912

Step-by-step explanation

                             1600x8%=128+1600=1728x4=6912     1650x5%=82.5 82.5+1650=1732.50 1732.5x4=6930

6930-6912=18

Maya has $18 more dollars then James

Answer:

Step-by-step explanation:

each year james gets 3% more interest than maya. over 4 years james gets 34% interest and maya gets 20%. over 4 years james gets 16% more than maya.

not trying to do my work right help

Answers

Answer: you are correct. The answer is the first option and if you don't believe me look at my explanation.

Step-by-step explanation: Since a ratio can also be written as a fraction, 3:12 = 3/12. So what you do is simplify 3/12 to get 1/4 which equals 1:4.

In ARST, mZR = (5x – 11)", mZS = (3x – 3)°, and m_T = (3x + 18)º.
Find mZR.

Answers

Answer:

m∠R = 69

Step-by-step explanation:

m∠R + m∠S + m∠T = 180       {Angle sum property of triangle}

5x - 11 + 3x - 3 +  3x + 18 = 180

5x + 3x + 3x - 11 - 3 + 18 = 180     {Combine like terms}

                     11x  +4      = 180

                                 11x = 180 - 4

                                 11x = 176

                                    x = 176/11

x = 16

m∠R = 5x - 11

        = 5*16 - 11

        = 80 - 11

m∠R = 69

 

Please help this is due in 30 mins

Answers

This is a Rotation !

Answer:

im pretty sure its c or rotation

Step-by-step explanation:

plz help :(
1.Your brother and some of his friends, all under 12 years old, went to the movies. They paid $60 for their tickets. What equation could describe the situation?

2.Another family went to the movies. They bought some child tickets and some adult tickets and spent $96 altogether.
What equation could describe the situation?
How would the equation change if a child’s ticket cost $10?
How would the original equation change if the total price spent on the tickets were $156?

Answers

Answer:

1. 60=12y

60=5*12    y=5

2. a) 96=16x+12y

b) the 12y would be changed to 10y so, 96=16x+10y  

c)  156=16x+12y the number of tickets will change if the total price goes up

Step-by-step explanation:

x= adult tickets

y=child tickets

im not sure but i think is bAnswer:

Step-by-step explanation:

b

b

b

b

bbb

b

b

b

b

b

b

b

b

b

b

b

b

b

b

b

b

b

b

b

Pleassssseeee help. I neeed help

Answers

Answer:

B.

Step-by-step explanation:

Took the test :}

how to solve 2x^2-11x+12=0

Answers

Answer:

x= 3/2   and  4

Step-by-step explanation:

Use this method to solve;

First get the multiples of   12:    -1, -12   -2, -6    -3, -4 (we use negatives, because we need a positive 12, and a negative 11).

Next, set it up like this:  (2x - )   (x-  ).

Then plug in (2x-3)  and (x -4), and use rainbow to double check.

Then take 2x-3=0    and   x -4 =0 to get x.

2x-3=0, add 3 to both sides, leaving you with 2x=3, then divide by 2 to get x alone which leaves x= 3/2, could use 1.5 or 1 (1/2) too.

Then do the same with x-4=0, add 4 to both sides leaving x= 4.

Answers are x= 3/2   and 4.

Divide. Simplify so the quotient is in lowest terms.
1: 1/2 divided by 4
2: 1 3/4 divided by 1/8
please help me lol

Answers

1. 1/2 divided by 4 = 1/8 or 8.

2. 1 3/4 divided by 1/8 = 7/32.

PT2 To my last question!!!! please answer quickly

Answers

Answer:

3rd one

Step-by-step explanation:

Brainliest?

PLSS HELPPPPPPPP HELPP ASP

Answers

Answer:

B

Step-by-step explanation:

has a ratio of 6 to 1

Answer:

B is the correct answer

Una persona ahora en el banco 1000 pesos, el cual le ofrece un interés fijo de 3%. La función que relaciona el dinero ahorrado que recibirá después de x meses de ahorro

Answers

Answer:

Interes= [Principal*(1+tasa de interes)^x] - Principal

Step-by-step explanation:

Dada la siguiente información:

Principal= $1,000

Tasa de interes= 3% anual = (0.03/12)= 0.0025 mensual

Número de periodos= x

Para calcular el interés ganado, hay que usa la formula siguiente:

Interes= [Principal*(1+tasa de interes)^x] - Principal

Por ejemplo, para 6 meses:

Interes= [1,000*(1.0025^6)] - 1,000

Interes= $15.09

Layla has a toy car collection of 400 toy cars. She keeps 85% of the toy cars on her wall. How many toy cars does she keep on her wall?

Answers

Answer:

340 cars

Step-by-step explanation:

400*0.85

which is 340

340 cars.

Hope this helps plz hit the crown :D

6. A farmer sows a certain crop. It costs $240,000 to buy the seed, prepare the ground, and sow the crop. In one year's time it will cost $93,200 to harvest the crop. If the crop will be worth $350,000, and the interest rate is 7%, what is the net present value (NPV) of this investment?

Answers

Answer:

$0

Step-by-step explanation:

Given that:

Preparation and sowing cost = $240,000

Cost of harvest after a year = $93,200

Worth of crop = $350,000

Interest rate (r) = 7% = 0.07

Net present value of Investment :

[(worth - Cost after 1 year) / (1 + r)] - initial investment cost

[(350,000 - 93,200) ÷ (1 + 0.07)] - 240,000

[256,800 / 1.07] - 240,000

$240,000 - $240,000

= $0

What is the value of a?

Answers

I think the answer is 23

Please help I'll give brainliest to right answer
20m + 6m − 17m = 9
What does "M" equal?

Answers

Answer:

m is 1

Step-by-step explanation:

ez mathzzzzzzzzzzz


Pls help i can’t figure this out

Answers

Step-by-step explanation:

1°.2°.3°.4°.5°.6°.7°.8°.9°.10°.11°.12°.13°.14°.15°.16°.17°.18°.19°.20°.

SHOW YOUR WORK
43.01-2.75

Answers

Answer:

the answer is 40.26, you first subtract 2 to get 41.01 then subtract .75 to get 40.26, not exactly sure what work you want to be shown

Step-by-step explanation:

What is the slope of the line through (-7,-8)(−7,−8)

Answers

Answer:

the slope would be 0

Step-by-step explanation:

this is because those are the same 2 points

For what values of m are there 2 different distinct real solutions? Give your answer as an inequality. X^2-2x+m.

I'm not sure, but I think the formula is b^2-4ac>0​

Answers

Answer:

m<1

Step-by-step explanation:

If the expression is in the form of [tex]ax^2+bx+c[/tex], then the condition for having 2 different real roots is

[tex]b^2-4ac>0\cdots(i)[/tex].

The given expression is [tex]x^2-2x+m[/tex].

Here, a=1, b=-2 and c=m.

So, by using equation (i),

[tex](-2)^2-4(1)(m)>0[/tex]

[tex]\Rightarrow 4-4m>0[/tex]

[tex]\Rightarrow 4m<4[/tex]

[tex]\Rightarrow m<4/4[/tex]

[tex]\Rightarrow m<1[/tex].

Hence, the condition for the expression [tex]x^2-2x+m[/tex] to have two different real roots is m<1.

Find an equation for the perpendicular bisector of the line segment whose endpoints are (-1,5) and (7,9).​

Answers

Answer is x-2y+11=0 or 2y-x-11=0

Answer:

say where we meet ❤️

How many zeros does the function have?
f(x) = x^3 – 5x^2 – 8x + 48

Answers

Answer:

x^(3)+5x^(2)-8x-48=0

Need help asap please!

Answers

Answer:

Step-by-step explanation:

-2/3x ≥ -x -2

-2/3x ≥ -x -2 +x

Simplify

1/3x ≥ -2

3 · 1/3x ≥ 3(-2)

x ≥ -6

I hope this is correct

The equation y = 13x represents the rate, in gallons per minute, that Tank A at an aquarium fills with water. The table represents the rate that Tank B fills with water. Determine which tank fills faster.

Answers

Answer:

Tank A fills up faster.

Step-by-step explanation:

Tank A is y = 13x

Tank B is y = 11x

Plz mark as Brainliest!

Albie's total income is $695.25 in a week
where his sales are $2870. If he earns a
commission of 7.5% of his sales, what is
his retainer? can you tell me how to work it out aswell please​

Answers

Answer:

Step-by-step explanation:

7.5/100= .075

$580000 x .075 = $43,500 commission

Please help with the question below. I will give brainiest.

Answers

Answer:

a. y= -1221x+19820

b. For every year the car value decreases $1,221.

c. $11,273

Step-by-step explanation:

a. (y2-y1)/ (x2-x1)

(16157-17378)/(3-2)= -1221

For the y-intercept you would just add 1221 twice to the value of the 2 year old car, get the value of 0 years.

c. -1221(7) +19820 =$11,273

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