California's current population is 36.5 million people and its population is expected to grow by 2% annually. How long will it take for the population to double?
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How long will it take for the population to double on these financial accounting question?
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- Suppose California’s population is 30 million people, and its population is expected to grow by 2% per year. How long would it take for the population to double? Show the Excel Wizard FormulaInputs: PV = -30 FV = 60 I/YR = growth rate 2% N = ? Wizard (NPER): = _____ Years to double.3) The population of Springfield is about 375,000 people and is currently increasing at a rate of 7% per year. Using this data, approximate to the nearest whole number the expected population in 10 years. How many years from now before the population first exceeds one million people?The table here,, gives a detailed forecast of the size of the market by production volume. Assume that KMS expects to capture 10.20% of the market share in 2022 and expects that percentage will increase by 0.23% per year. KMS currently has the capacity to produce a maximum of 1,100,000 units. What production capacity will KMS require each year? When will an expansion become necessary (that is, when will production volume exceed 1,100,000 units)? The Tax Cuts and Jobs Act of 2017 temporarily allowed 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems. KMS's market share for 2022 is Data table units. (Round to the nearest integer.) (Click on the following icon in order to copy its contents into a spreadsheet.) Year Production Volume (000 units) Market Size Market Share 2022 2023 2024 2025 2026 2027 10,000 10.20% 10,350 11,036 11,593 12,130 12,762 10.43% 10.66% 10.89% 11.12%…
- a. In 2000, the population of a country was approximately 5.76 million and by 2050 it is projected to grow to 10 million. Use the exponential growth model A=A0ekt, in which t is the number of years after 2000 and A0 is in millions, to find an exponential growth function that models the data. b. By which year will the population be 11 million?MEINE ON The table below gives a detailed forecast of the size of the market by production volume. Assume that KMS expects to capture 10.20% of the market share in 2019 and expects that percentage will increase by 0.27% per year. KMS currently has the capacity to produce a maximum of 1,100,000 units. What production capacity will KMS require each year? When will an expansion become necessary (that is, when will production volume exceed 1,100,000 units)? Year Production Volume (000 units) Market Size KMS's market share for 2019 is KMS's market share for 2021 is KMS's market share for 2022 is 2019 KMS's market share for 2023 is 10,412 11,570 The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. KMS's market share for 2024 is 2020 10,000 units.…Assume that the average price of a new home is $158,500. If the cost of a new home is increasing at a rate of 10% per year, how much will a new home cost in eight years?
- Towson Industries is considering an investment of $256,950 that is expected to generate returns of $90,000 per year for each of the next four years. What is the investment’s internal rate of return?The table below gives a detailed forecast of the size of the market by production volume. Assume that KXS expects to capture 10.20% of the market share in 2018 and expects that percentage will increase by 0.24% per year. KXS currently has the capacity to produce a maximum of 1100 thousand units. What production capacity will KXS require each year? When will an expansion become necessary (that is, when will production volume exceed 1100 thousand units)? Year 2018 2019 2020 2021 2022 2023 Production Volume (000 units) Market Size 10,000 10,453 11,048 11,591 12,151 12,728The Steel Factory is considering a project that will produce annual cash flows of $43,800, $40,200, $45,700, and $41,800 over the next four years, respectively. What is the internal rate of return if the initial cost of the project is $127,900?
- Towson Industries is considering an investment of $256,950 that is expected to generate returns of $90,000 per year for each of the next four years. What Is the Investments internal rate of return?Suppose the average growth rate for a small town with a population of 35,180 in the northeast United States was approximately 0.65% per year. (a) Assuming that growth rate continues, write an equation that will give the population A in t years. A= ? (b) In how many years will the population be 40,000? Round to the nearest tenth of a year. ? yr11) What is the rate of return (IRR) of a project that will generate revenues of $40,000 at the end of every year for 8 years, given the project will require an initial cash outlay today of $90,000 and another cash outlay of $80,000 in 6 years from today?
