Ali has launched business App. For smart mobile phones, the users who installed the app. in 2014 were 12000 users, and they increase by 10% each succeeding year. a) Determine the number of users in the year 2019. b) If Ali gains on average annual revenue of OMR 10 per user, what is the total revenue gained until the end of the year 2020?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 11EB: Gear Up Co. pays 65% of its purchases in the month of purchase, 30% in the month after the purchase,...
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Ali has launched business App. For
smart mobile phones, the users
who installed the app. in 2014
12000
users,
and they
were
increase by 10% each succeeding
year.
a) Determine the number of users
in the year 2019.
b) If Ali gains on average annual
revenue of OMR 10 per user, what
is the total revenue gained until
the end of the year 2020?
Transcribed Image Text:Ali has launched business App. For smart mobile phones, the users who installed the app. in 2014 12000 users, and they were increase by 10% each succeeding year. a) Determine the number of users in the year 2019. b) If Ali gains on average annual revenue of OMR 10 per user, what is the total revenue gained until the end of the year 2020?
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