Brockman Corporation's earnings per share were $3.50 last year, and its growth rate during the prior 5 years was 9.2% per year. If that growth rate were maintained, how many years would it take for Brockman's EPS to triple?

Select the correct answer.

a. 4.98
b. 14.98
c. 12.48
d. 7.48
e. 9.98

c. 12.48

Step-by-step explanation:

The earnings per share after t years can be modeled by the following equation:

In which E(0) is the earnings last year and r is the growth rate, as a decimal.

Brockman Corporation's earnings per share were $3.50 last year, and its growth rate during the prior 5 years was 9.2% per year. Growth rate maintained.

This means that

So

If that growth rate were maintained, how many years would it take for Brockman's EPS to triple?

This is t for which E(t) = 3*E(0) = 3*3.50 = 10.50.

So

So the correct answer is:

c. 12.48

if x decreases by 4 then y increases by 10

step-by-step explanation:

fahrenheit

step-by-step explanation:

fahrenheit is more precise than celsius. the ambient temperature on most of the inhabited world ranges from -20 degrees fahrenheit to 110 degrees fahrenheit—a 130-degree range. on the celsius scale, that range is from -28.8 degrees to 43.3 degrees—a 72.1-degree range. this means that you can get a more exact measurement of the air temperature using fahrenheit because it uses almost twice the scale.