Raiz3am5ojoWJord Raiz3am5ojoWJord
  • 13-03-2017
  • Business
contestada

Smartshop's profits have been growing at 5% per year. this year their profits were approximately $500,000. what were their profits last year?

Respuesta :

eehore
eehore eehore
  • 13-03-2017
if 1.05x = 500 000 
where x is the previous year's profit 

x = 500 000 / 1.05 
x = $467190
Answer Link

Otras preguntas

Solve the quadratic by factoring 2X²-2X-12=0
What's the word for to talk on and on pointlessly, without clear direction
How would you call in other words to scold or punish severely
What is the highest mountain on each continent?
what do I do to figure out this problem:3x+8=26+x
The diameter of a cylinder is 6 feet 6 inches. The height of a cylinder is 12 feet 3 inches. What is the surface area?    (feet squared)What is the volume?
explain why the motion of a body which is moving with constant speed in a circular path is said to be accelerated ?
a subway train starts from rest at a station and accelerates uniformly at 1.8m/s^2 for 15 sec. then it runs at a constant speed for the next 35 sec. before dece
Solve the quadratic by factoring 2X²-2X-12=0
write in decimal form fourteen and eighty-Four hundredths