Answer: $499.00
<u>Step-by-step explanation:</u>
Wholesale cost + (20% of Wholesale cost) = Selling price
--> 1.20 × Wholesale cost = Selling price
Let x represent the Wholesale cost
1.2x = 598.80
<u>÷1.2 </u> <u>÷ 1.2 </u>
x = 499.00
Y = a (b^x)
1) x = 0, y = 3500
=> 3500 = a (b^0)
=> 3500 = a (1)
=> a = 3500
2) growth percent = 3.5% => growth rate = 1.035 = b
=> y = 3500 (1.035)^ x
3) year 2020 => x = 2020 - 2000 = 20
4) y = 3500 (1.035)^ 20 = 6964
Answer: 6964.
-12 and 18
hope this helps :)
