1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Shtirlitz [24]
3 years ago
5

Annual sales for a fast food restaurant are 650000 and are increasing at a rate of 4% per year. Use an exponential function to f

ind the annual sales after 7 years.
Mathematics
1 answer:
d1i1m1o1n [39]3 years ago
5 0

The value after 7 years is $ 855355.65

<em><u>Solution:</u></em>

Given that, Annual sales for a fast food restaurant are 650000 and are increasing at a rate of 4% per year

To find:  exponential function to find the annual sales after 7 years

<em><u>The exponential growth function is given as:</u></em>

y = a(1+r)^t

Where,

"a" is the initial amount

"y" is the future value

"r" is the rate of interest in decimal

"t" is the number of years

Here in this given question,

a = 650000

t = 7 years

r = 4 \% = \frac{4}{100} = 0.04

<em><u>Substituting the values in given formula,</u></em>

y = 650000(1+0.04)^7\\\\y = 650000(1.04)^7\\\\y = 650000 \times 1.31593\\\\y = 855355.65

Thus the value after 7 years is $ 855355.65

You might be interested in
How many times bigger is the 45,776 than 45.776
sweet [91]

Answer:

54

Step-by-step explanation:

7 0
3 years ago
A parallelogram is cut out of a 12-inch by 8-inch sheet of paper. There are four right triangle remnants. Two have the dimension
snow_tiger [21]

Answer:

96

36

60

6.51

Step-by-step explanation:


8 0
3 years ago
Read 2 more answers
Which is bigger 0.17 or 0.165
Bogdan [553]
0.17 is bigger because you compare the values of the number in each place. There is no whole number, the tenths place is equal. Then in the hundredths place you have a 6 and a 7. 6<7 so therefore 0.17> 0.165. To help yourself out u can add a 0 at the end to then more easily compare .170 to .165
5 0
3 years ago
Marcos is doing a card trick using a standard 52-card deck with four suits: hearts, diamonds, spades, and clubs. He shows his fr
qaws [65]

Answer:

3/16 apex

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
HELP HELP HELP Find X for the log function!<br><br> Please include the steps
Keith_Richards [23]

Answer: yield x

Step-by-step explanation: Definition. The logarithm is denoted "logb x" (pronounced as "the logarithm of x to base b" or "the base-b logarithm of x" or (most commonly) "the log, base b, of x"). In the equation y = logb x, the value y is the answer to the question "To what power must b be raised, in order to yield x?".

7 0
2 years ago
Other questions:
  • What Is 1,270 rounded to the nearest hundred?
    12·1 answer
  • What is 100,000,000 written as a power of ten? A.10 8 B.10 9 C.10 10 10 D.10 11
    5·2 answers
  • 11/12 divide by 2 5/8
    5·1 answer
  • Greta is trying to determine the portion of green candies in various bags of green and yellow candies. Using the information bel
    12·1 answer
  • For a school play, 739 tickets valued at $857 were sold. Some cost $1 and others cost a $1.50. How many $1 tickets were sold?
    11·1 answer
  • Use the tabular method to multiply and combine like terms. *<br> 11-15x-7x^2+25-16x^2
    6·1 answer
  • Can someone help me? Thanks! :)
    11·2 answers
  • During an experiment, Aika measured the time it took for a ball to roll down a ramp set at an angle. She measured that it took 1
    11·2 answers
  • Solve for X and Y in the figure below. Thank you!
    8·1 answer
  • Solve k-73 0.Graph the solution<br> The solution is
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!