A car company estimates that it will sell 5,000 cars in 2023 and over the next 10 years will increase sales by 5% compared to the previous year. Determine how many cars the company intends to sell in that 11-year period.

Name: Solved: A car company estimates that it will sell 5,000 cars in 2023 and over the next 10 years will increase sales by 5% compared to the previous year. Determine how many cars the company intends to sell in that 11-year period. - MathMaster
Brand: MathMaster
Rating: 4.9 (149 reviews)

149

likes

744 views

Answer to a math question A car company estimates that it will sell 5,000 cars in 2023 and over the next 10 years will increase sales by 5% compared to the previous year. Determine how many cars the company intends to sell in that 11-year period.

$Expert avatar$

Miles

4.9

114 Answers

A continuación se explica cómo calcular la cantidad total de automóviles que la empresa pretende vender durante el período de 11 años: **Año | Ventas | Aumentar** 2023 | 5000 | - 2024 | 5250 | 5% de 5000 = 250 2025 | 5512,5 | 5% de 5250 = 262,5 2026 | 5788.13 | 5% de 5512,5 = 275,63 (redondeado) 2027 | 6082.53 | ... 2028 | 6396.66 2029 | 6731.49 2030 | 7088.07 2031 | 7467.47 2032 | 7870.84 2033 | 8299.39 Para encontrar las ventas totales durante los 11 años, simplemente sume las ventas de cada año. La suma es aproximadamente **65,540**. **Nota importante:** Como estamos tratando con autos enteros, podemos redondear la respuesta final al número entero más cercano. **Por lo tanto, la empresa pretende vender aproximadamente 65.540 automóviles durante el período de 11 años.**

Frequently asked questions (FAQs)

What is the derivative of y = 5sin(3x) + 2cos(2x) - tan(x)^2?

What is the product of (2^3) * (2^5)?

What is the value of f(x) if f(x) = c and c is a constant?

New questions in Mathematics

The random variable Y is defined as the sum between two different integers selected at random between -4 and 2 (both included). What are the possible values of the random variable Y? What is the value of P(Y=-3)? And whether it is less than or equal to -5?

In a random sample of 600 families in the Metropolitan Region that have cable television service, it is found that 460 are subscribed to the Soccer Channel (CDF). How large a sample is required to be if we want to be 95% confident that the estimate of “p” is within 0.03?

What payment 7 months from now would be equivalent in value to a $3,300 payment due 23 months from now? The value of money is 2.7% simple interest. Round your answer to 2 decimal places. Show all work and how you arrive at the answer..

A client did not advance L 10,000 for the rental of a parking area and it corresponds to 4 months, of which 2 months were consumed

If L = (-2, -5) is reflected across y= -4 , what are the coordinates of L?

1 plus 1

Margin of error E=0.30 populations standard deviation =2.5. Population means with 95% confidence. What I the required sample size (round up to the whole number)