Choose the One Alternative That Best Completes the Statement or Answers

question 300

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-The size P of a small herbivore population at time t (in years) obeys the function if they have $$\mathrm { P } ( \mathrm { t } ) = 800 \mathrm { e } ^ { 0.24 \mathrm { t } }$$ enough food and the predator population stays constant. After how many years will the population reach 1,600?

• A) 8.66 yrs
• B) 27.85 yrs
• C) 7.05 yrs
• D) 2.89 yrs

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Definitions:

Percent of Sales Method

A forecasting technique that estimates future financial statements based on a predicted sales growth rate and historical financial ratios.

Analysis of Receivables

The process of examining the accounts receivable of a business to assess their collectability and manage credit risk.

Accrued Interest

Interest that has been incurred but not yet paid in cash during a specific time period.

Note

A financial instrument that represents a debt or obligation between two parties, wherein the issuer promises to pay the holder a certain amount of money at a future date.