Percentages
With a growth rate of 8% per annum,what will be the production of a company in 2002,if the production in 2000 was 17000?
- B
- 20 Oct
- 3192 Views
- 14 Answers
Your Answer
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NishaNY
- 20 Oct
A=17000(1+0.08)2
Now, calculate:
A=17000(1.08)2A=17000(1.08)2
A=17000(1.1664)A=17000(1.1664)
A≈19,832.8A≈19,832.8
So, the production of the company in 2002 will be approximately 19,832.8 units, which you can round to 19,833 units.
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