Solve the following problem Geometric progression Q1. A company has developed an online application for smart mobile phones, the users who installed the app. in 2015 were 1640 users, and they increase by 20% each succeeding year. If the company gains on average annual revenue of OMR 12 per user. a) What is the total revenue gained until the end of the year 2020? b) After how many years from the beginning, the annual revenue of the company will reach about OMR 121853.4?
Solve the following problem Geometric progression Q1. A company has developed an online application for smart mobile phones, the users who installed the app. in 2015 were 1640 users, and they increase by 20% each succeeding year. If the company gains on average annual revenue of OMR 12 per user. a) What is the total revenue gained until the end of the year 2020? b) After how many years from the beginning, the annual revenue of the company will reach about OMR 121853.4?
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Question
Solve the following problem Geometric progression
Q1.
A company has developed an online application for smart mobile phones, the users who installed the app. in 2015 were 1640 users, and they increase by 20% each succeeding year. If
the company gains on average annual revenue of OMR 12 per user.
a) What is the total revenue gained until the end of the year 2020?
b) After how many years from the beginning, the annual revenue of the company will reach
about OMR 121853.4?
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