A certain company reported selling 5,000 toys during the month of January and expects sales to grow at a rate of 7.5% per month until the end of that year. How many toys should the company expect to sell by the end of June of that year? 30,158 36,220 43,937 64,500

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20 March, 21:51

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Gabriela Park · Answer 1

The formula is

Fv=p [ (1+r) ^ (t) - 1) : r)

Fv?

P 5000

R 0.075

T 6. June

Fv=5000 [ (1+0.075) ^ (6) - 1) : 0.075]

Fv=36220 ... answer