Paub4baDoubl Paub4baDoubl

09-03-2017
Business

contestada

If a company sales are growing at a rate of 20% annually, how long it will take sales to double?

Respuesta :

kylepillow13 kylepillow13

09-03-2017

Use this equation: FVN= $2 = $1(1 + I)N= $1(1.20)N (With any dollar amount)

The exact answer is 3.8 years, but some calculators will round this value up to the next highest whole number, so maybe 4 years.

Answer Link

Otras preguntas

Which of these is the foundation for relative dating? a. Earth is very old. b. Deeper rock strata are older. c. Radioisotopes decay at a constant rate. d. Organ

The Second Industrial Revolution in the United States lasted from the a. end of the American Revolution to 1800. b. end of the Civil War to 1800. c. end of the

Es considerado el mejor ejemplo de barroco cubano. a. la catedral c. el museo b. la plaza d. las calles

What is an end product when sodium bicarbonate is used as an antacid? a. NaCl b. CaCl2 c. HCl d. CO

water dissovles a wide variety of substance. therefore, it's a

Which of the following was not true of Serfs? a. Serfs were valuable sources of labor to their landlords. b. Some serfs had their own small farms, where they

What type of shelters were found in the Hohokam village in the Southwest Desert region

In the following sentence, what is the antecedent of the pronoun "it"? "the class members chose Chicago to visit because it provides the best opportunity

The end of dynastic rule in China was ultimately due to a. greed. b. opium. c. imperialism. d. isolationism.

The topic for a personal narrative should always. a. contain important facts and statistics. b. have a main idea and supporting details. c. be based a broad top