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Mean Growth

Forums › ACCA Forums › ACCA FM Financial Management Forums › Mean Growth

  • This topic has 4 replies, 3 voices, and was last updated 4 years ago by AvatarBella.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • January 2, 2020 at 3:02 pm #556698
    Avatartony182
    Member
    • Topics: 1
    • Replies: 2
    • ☆

    Please can help me how this question is answered. I am a newbie to scientific calculators and cant work out how to enter it

    Mean growth in earnings per share = 100 x [(35·7/30·0)1/3 – 1] = 5·97% or 6%

    how exactly do i enter this into a calculator to come up with the answer 5.97%.

    Thanks

    January 2, 2020 at 8:10 pm #556714
    Avatarjetavi
    Member
    • Topics: 10
    • Replies: 307
    • ☆☆☆

    Hi @tony182,

    Well, if you could mention the name and model of your Calculator I would be able to assist you better…
    Because the keys would be different for different calculator…

    Just follow the step below

    Do the calculation one at a time
    [(35.7/30.0)^1/3 – 1] x 100

    Solve 35.7÷30.0
    =
    Then press ANS
    Press ^ (or x with a box – depending on which calculator model you are using)
    The above key is usually below the replay arrows button and just besides x² button
    After this Insert the following (1÷3)
    Press =
    Then select ANS again and insert -1
    =
    ANS
    x 100

    I hope this solves it

    January 3, 2020 at 8:13 am #556737
    Avatartony182
    Member
    • Topics: 1
    • Replies: 2
    • ☆

    thank you

    January 3, 2020 at 10:31 pm #556802
    Avatarjetavi
    Member
    • Topics: 10
    • Replies: 307
    • ☆☆☆

    You’re welcome!

    November 14, 2021 at 9:53 am #640611
    AvatarBella
    Participant
    • Topics: 3
    • Replies: 7
    • ☆

    Hello if you have a Casio FX-991ES PLUS, what functions would you use?

  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)
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