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tshepi5348
29.08.2019 •
Business
Acompany has revenue of $1000 in 2009. our current estimate is that revenues will grow 25% per year. our profit each year will equal 20% of revenue. what is the total value (rounded to the nearest dollar) of all revenues earned during the years 2009-2015?
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Ответ:
Revenue = $1000
Profit = 1000(20%) = $200
Year 2010:
Revenue = 1000(1.25)^1 = $1250
Profit = 1250(20%) = $250
Year 2011:
Revenue = 1000(1.25)^2 = $1562.5
Profit = 1562.5(20%) = $312.5
Year 2013:
Revenue = 1000(1.25)^3 = $1953.125
Profit = 1953.125(20%) = $390.625
Year 2014:
Revenue = 1000(1.25)^4 = $2441.41
Profit = 2441.41(20%) = $488.28
Year 2015:
Revenue = 1000(1.25)^5 = $3051.76
Profit = 3051.76(20%) = $610.35
The total revenue would be $11,259
Ответ:
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