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.

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)
Find the sum of the first 20 positive even integers using the sum formula.
+
What is the measure of an angle in radians if it forms a central angle of π/6 radians?
+
What is the equation of a parabola whose graph opens downward, has a vertex at (2, -5), and passes through the point (4, -9)?
+
New questions in Mathematics
CASE 6-1: PREPARE A PRODUCTION PLAN: WHAT PROBLEMS ARRIVE? Midwest Plastics Company has conducted profit planning for several years. The president stated (with justification) that inventory control and planning had not been satisfactory, which was mainly due to poor planning of production and inventory budgets. Please analyze and provide recommendations, in detail, on the issue regarding the 20B profit plan, which is now being prepared. Their analysis and recommendations will be presented to the executive committee. Despite the seasonality factor, the sales department has been successful in developing a sales plan, on a monthly basis, for each year. The following sales data is available for 20B. 1. Sales plan summary for 20B: 2. Finished goods inventory, as of January 1, 20B, is 96,000 units. 3. Work-in-process inventory will remain constant. 4. Actual annual sales in 20A, including the estimate for December, were 350,000 units. 5. The average finished goods inventory during 20A was 70,000 units. IT IS REQUESTED. 1. Prepare the annual production budget, assuming that management policy is to budget ending finished goods inventory at a standard quantity, based on the ratio of historical sales of 20A to inventory turnover. 2. Prepare a schedule showing sales, production, and inventory levels for each month, assuming: 1) stable inventory, 2) stable production, and 3) recommended inventory-production levels. In developing your recommendations, assume that the following policies have been established: a) The president has set the policy that a maximum inventory of 85,000 units and a minimum inventory of 75,000 units should be used, except in abnormal circumstances. b) A stable level of production is definitely preferred, except that during the holiday season in July and August, production may be reduced by 25 percent. Likewise, a variation in production of 7.5 percent above and below the average level is acceptable. 3. What are the main problems faced by the company in production planning? Make your general recommendations.
Calculate the 6th term of PA whose 1st term is 6.5 and the ratio 5
a bank finds that the balances in its savings accounts are normally distributed with a mean of $500 and a standard deviation off of $40. What is the probability that a randomly selected account has a balance of more than $400?
Let I ⊂ R be a bounded and nonempty interval. Show that there are numbers a, b ∈ R with a ≤ b and I =[a,b] or I =[a,b) or I =(a,b] or I =(a,b)
7273736363-8
4X^2 25
If 0101, what is the binary representation of the 4x16 decoder output?
using the math and science known about the jefferson river bridge Find a truss in use and develop a load diagram. Use a load of 50 lb on each joint along the bottom of the truss for a truss that actrs as a bridge and along the top joints for a truss that acts as a roof
If X1 and X2 are independent standard normal variables, find P(X1^2 + X2^2 > 2.41)
How much does the average college student spend on food per month? A random sample of 50 college students showed a sample mean $670 with a standard deviation $80. Obtain the 95% confidence interval for the amount college students spend on food per month.
Jasminder has made 55% of the recipes in a particular cookbook. If there are 9 recipes that he has never made, how many recipes does the cookbook contain?
Your grandfather has run a small high street pharmacy for 40 years. After much persuasion, he has agreed to open a digital store online. List 5 potential ways to improve sales and/or margins by having a digital pharmacy through the utilisation of historic or new sales data.
A contractor gives a bank note for $10250 at a rate of 1% for one month. How much interest is charged for 4 months?
To get to a hotel on the hill you have to travel 6 km of uphill road and every kilometer there are 6 sharp curves. Each of the sharp curves is marked by three traffic signs. How many traffic signs are there on the stretch of road that leads to the arbergi?
A salesperson earns a base salary of $600 per month plus a commission of 10% of the sales she makes. You discover that on average, it takes you an hour and a half to make $100 worth of sales. How many hours will you have to work on average each month for your income to be $2000?
Evaluate ab+dc if a=56 , b=−34 , c=0.4 , and d=12 . Write in simplest form.
2 - 6x = -16x + 28
2.3 X 0.8
16-(x²+x+2)²
The supply of a good registers periodic increases. With each increase in the offer, the total receipts of the bidders increase. Indicate the correct statement: a) demand is elastic b) demand is inelastic c) supply is inelastic d) supply has unit elasticity.