SOLUTION: The requirement for computer server capacity at Acme Industries is expected to increase at a rate of 15% per year for the next 5 years. If the server capacity is expected to be 1,4
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: The requirement for computer server capacity at Acme Industries is expected to increase at a rate of 15% per year for the next 5 years. If the server capacity is expected to be 1,4
Log On
Question 977770: The requirement for computer server capacity at Acme Industries is expected to increase at a rate of 15% per year for the next 5 years. If the server capacity is expected to be 1,400 gigabytes in 5 years, how many gigabytes of capacity are there today? Round to the nearest whole gigabyte.
Do not enter units in your answer.
_______________ gigabytes
You can put this solution on YOUR website! 1400=P{1+0.15}^5
1400=2.011 P
696.04 Gigabytes.
800.45 year 1
920 year 2
1059 year 3
1217 year 4
1400 year 5
