Suppose that a firm's sales were $3,750,000 five years ago and are $5,250,000 today. What was the geometric mean growth rate in sales over the past five years?

Q: If the price of the product is increased from 3.50 to 4.20 (a 20% increase): (i) Will the revenue…

A: Find your answer below

Q: 3. It is expected that the home values in San Diego will rise, on average, 3 percent each year. How…

A:

Q: When the rate of inflation is 4(1/2)% per year and the average price of a car is currently $25,000,…

A: Given that the average price after n years is Pn = $25,000(1.045)n . So the average price after 1…

Q: Assume the revenue in the year 2000 was $ 800,000, and in the year 2002 it was $ 600,000. Assuming…

A: We will use exponential growth/decay formula to find expected revenue

Q: 5. The Smiths bought a new house 4 years ago for $200,000. The house is now worth $275,000. Assuming…

A:

Q: If the price of an item doubles in four years, the yearly average growth rate of its price is Select…

A: It is an important part of statistics . It is widely used .

Q: 2) If the monthly logarithmic return of a financial asset is 10%, what is the monthly simple return?

A: Monthly simple return=10.52%

Q: If the bank advertises its rate as 6.2% compounded monthly, and another bank advertises its rate as…

A: Given:  Bank A gives the rate of interest at 6.2% compounded monthly. Bank B gives the rate of…

Q: In a table of “Sales as a % of Moving Average” over a 5-year period the average of the four entries…

A: Given Solution:

Q: Assume that an investment is made at 7.1% per year, compounded continuously. What is the tripling…

A: The compound interest formula is defined as, A=P1+rnnt where: A: is final amountP: is principal…

Q: Find the effective yield of an investment that earns 3.8% compounded quarterly

A: The effective yield is calculated as follows:

Q: If sales are 43,453, 44,251 and 38,501 for 2018, 2019 and 2020, what would you forecast for 2021…

A: It is known that 2018 sale 43 ,453 2019 sale 44,251 and 2020 sale 38,501 weight=0.82

Q: 2. A person invests $2,125 in an account earning 9% per year compounded continuously. How much will…

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Q: Find the accumulated present value of a 11-year $70,000 continuous income stream that has been…

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Q: If

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Q: a1.1.4 How much will an ihifialinvestment Of 5,000 be worth in 35 years if it earns interest…

A:

Q: If an asset declines in value from $5,000 to $2,600 over nine years, what is the mean annual growth…

A: Initial value = 5000 Final Value = 2600 Number of years = n = 9

Q: How much does the risk increase for each year of age advance?

A: The estimated regression equation is  ŷ = -91.8 + 1.077x1 + 0.252x2 + 8.739x3. where x1 represents…

Q: A principal amount of $2,000 is placed in a savings account with an 8% annual interest rate,…

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Q: The next table lists the winners and their prize monies in actual dollars from the Masters Golf…

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Q: If sales are 32,897, 50,457 and 45,293 for 2018, 2019 and 2020, what would you forecast for 2021…

A: Given that sales are 32,897, 50,457 and 45,293 for 2018, 2019 and 2020. And weight is 0.5. We have…

Q: Find the present value of a continuous income stream of ​$18​,000 per year for 20 years at 2.8​%…

A:

Q: calculate what $700 would grow to at 61/2% per compouned daily for 7 years

A: Given Principal amount=$700

Q: 5. A certain country's national income grows by 4.5% per year. a. Find the growth percentage per…

A: Given: Rate of increase in income is 4.5% per year

Q: In Problems 1-4, use Euler's method to approximate the solution to the given initial value problem…

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Q: 2. When buying a new car, one consideration is how fast the car loses value, known as the…

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Q: Find the effective yield of an investment that earns 4.1% compounded quarterly.

A:

Sequence and Series

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence.  It was invented by German mathematician Carl Friedrich Gauss.