Mathematics, 01.02.2022 03:40 tariqobrien6241
Calculate had a net income of 8 million dollars in 2010, while a small competing company, Computate, had a net income of 3 millions dollars. The management of Calculate develops a business plan for future growth that projects an increase in net income of 0.5 million per year, while the management of Computate develops a plan aimed at increasing its net income by 20% each year.
a. Create standard mathematical model (table, graph, or equations) for the projected net income over time for both companies. Make sure that each model is accurate and labeled properly so that it represents the situation.
b. Compare the two companies. How are the representations of for the net income of the two companies similar? How do they differ? What relationships are highlighted in each representation?
c. If both companies were able to meet their net income growth goals, which company would you choose to invest in? Why?
d. When, if ever, would your projections suggest that the two companies have the same net income? How did you find this? Will they ever have the same net income again?
Can someone help me solve this problem?
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Calculate had a net income of 8 million dollars in 2010, while a small competing company, Computate,...
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