Determine what is the target production

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Question: 1. The current production target for the 5-year plan of Logo Company is to increase output by 8 percent per year. If the 2000 production is 3.81 million tons, what is the target production for 2005?

2. At a growth rate of 9 percent, how long does it take a sum to double?

3. If, at age 25, you open an IRA account paying 10 percent annual interest and you put $2000 in at the end of each year, what will be your balance at age 65?

Reference no: EM132177122

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