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Learn Revenue Calculation | Basic Syntax and Operations
R Introduction: Part I

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Revenue Calculation

As we have previously mentioned, using variables can streamline the process of working with data by allowing for clear, concise, and efficient calculations. Now, let's apply our variables to a practical example.

Task

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Continuing with the exercise from the previous chapter, we can calculate the projected revenue over a 4-year period using variables. Here's how:

  1. To determine the anticipated revenue after 4 years, use the variables initial_money, interest_rate, and n_years. Store the result in the revenue variable.

  2. Display the calculated revenue in the following format:

The formula for revenue is: initial_money * (1 + interest_rate / 100) ^ n_years.

Solution

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SectionΒ 1. ChapterΒ 9
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book
Revenue Calculation

As we have previously mentioned, using variables can streamline the process of working with data by allowing for clear, concise, and efficient calculations. Now, let's apply our variables to a practical example.

Task

Swipe to start coding

Continuing with the exercise from the previous chapter, we can calculate the projected revenue over a 4-year period using variables. Here's how:

  1. To determine the anticipated revenue after 4 years, use the variables initial_money, interest_rate, and n_years. Store the result in the revenue variable.

  2. Display the calculated revenue in the following format:

The formula for revenue is: initial_money * (1 + interest_rate / 100) ^ n_years.

Solution

Switch to desktopSwitch to desktop for real-world practiceContinue from where you are using one of the options below
Everything was clear?

How can we improve it?

Thanks for your feedback!

close

Awesome!

Completion rate improved to 3.85

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