should be solved like this. i'm not sure how we gonna solve it without calculator.
\(0.5*[13.8*(1.05)^{10}]\) < 3.3\((1+\frac{x}{100})^{10}\)
\([2.1]^{\frac{1}{10}}*1.05 < (1+\frac{x}{100})\)
\(1.07*1.05< 1+\frac{x}{100}\)
A. 10%
B.
...
\(0.5*[13.8*(1.05)^{10}]\) < 3.3\((1+\frac{x}{100})^{10}\)
\([2.1]^{\frac{1}{10}}*1.05 < (1+\frac{x}{100})\)
\(1.07*1.05< 1+\frac{x}{100}\)
Archit3110 wrote:
Bunuel wrote:
The GDP of a country is $13.8 billion, and the total production of one of its industries is $3.3 billion. If the GDP were to grow by 5% per year in the future, which of the following would be the MINIMUM required annual growth in this industry that would it represent more than half
ears?A. 10%
B.
...
