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oliviaschmitt0
04.05.2021 •
Mathematics
4. Profits: Retail Jobs and productivity. How do retail stores rate? One way to answer
this question is to examine annual pronts per employee. The following data give
annual profits per employee (in units of one thousand dollars per employees for
companies in retail sales. See reference in Problem 3. Companies such as Gap,
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Ответ:
Also, for continuously compounded interest, a different formula is needed. It is located here:
http://www.1728.org/rate2.htm
Years = ln (total / principal) / rate
Years = ln (5,000 / 50) / .05
Years = ln (100) / .05
Years = 4.605170186 / .05
Years = 92.10340372
Years = 92.10 (rounded)
Here's a calculator to check that:
http://www.1728.org/compint.htm