How long will it take for 100 new potential customers

Assignment Help Mathematics

Reference no: EM131071276

1. After starting to turn significant profit, Lumyn Electronics decided that an investment account for their future expansion plans is now necessary. The company's goal is to expand to a major mall location for which $100,000 would be needed. If the investment account pays 12% interest compounded monthly, what would their initial investment have to be in order to reach their $100,000 goal in 5 years?

2. Lumyn Electronics is now using social networking to expand their reputation and reach new potential customers. The company has found that the number N of new potential customers in their 12,000 people community that have heard of their company can be modeled by the equation

N = 12,000(1 - e-0.0008t)
where t is the number of days elapsed since starting using social networking. How long will it take for 100 new potential customers to have heard of the company?

Reference no: EM131071276

Questions Cloud

Suppose the original demand for labor equation : Suppose the original demand for labor equation is given by W=12-0.5L and the original labor supply equation is given by W=L. Suppose that health insurance costs $2 per worker. Please write down the new equations for the demand and supply graphs once ..

Address size and the total memory size in bits : Part a) Using a Harvard design, find the code memory address size, the data memory address size and the total memory size in bits. Part b) Using a von Neumann design, find the memory address size and the total memory size in bits. Part c) What is t..

Who has allowed spraying of ddt in africa on interior walls : At the same time there has been an increase in the resistance of the malarial parasite to the most common antimalarial drugs. Since 2001, WHO has allowed the spraying of DDT in Africa on interior walls to kill mosquitoes?

Does this mean that advertising is a barrier to entry : New entrants into an industry often find that they must advertise heavily in order to have even a chance of success. Does this mean that advertising is a barrier to entry? What advantage does advertising play? Be sure to answer this question by inclu..

How long will it take for 100 new potential customers : where t is the number of days elapsed since starting using social networking. How long will it take for 100 new potential customers to have heard of the company?

Point-of-sale cash register : A retail department store is approximately square, 35 meters (100 feet) on each side. Each wall has two entrances equally spaced apart. Located at each entrance is a point-of-sale cash register.

Creating a business plan for a small business : You will be creating a business plan for a small business. You can begin your research for the project by looking at the information on theSmall Business Administration Web site.

Find the volume of the solid formed by revolving : You must clearly sketch a graph of this region, and be sure to include a representative rectangle.

Summarise your research of the tor project : Summarise your research of the Tor Project. Explain why you might need a tool like Tor, for what purposes you might use it, and how useful it would be for those purposes.

User Account

All Pages