Suppose a company reported revenues for a four-year time span as follows:
$300,000; $324...
Mathematics, 21.05.2020 22:57 sandrafina2004
Suppose a company reported revenues for a four-year time span as follows:
$300,000; $324,000; $349,920; $377,913.60
Model this sequence recursively.
Q1 = 300,000;Ä…, = 1.08(Qy-)
a, = 300,000(1.08)-1
ay = 300,000+24,000(»–1)
4.
Qy = 300,000, a, = ,-1+24,000
Answers: 3
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