The original price is c. Then the grocery bill will be: c - 0.05c = 0.95 c. You can also say since the beggining that 5% disscount implies 0.95 factor, which leads to c * 0.95 = 0.95c. Sorry if it’s wrong
Answer:
my bad if im wrong but i got y=35
Step-by-step explanation:
From 2000 to 2011, there are 11 years. From the given function, we can calculate the profit for a small business at the end of 2011 by substituting 11 to the x of the given equation.
y = (30,000)(1.06)(11)
y = 349,800
Thus, the profit at the end of 2011 is approximately $349,800.