Answer:
Step-by-step explanation:
Given: The sales of 10000 increased by 65% each year .
Let x be the number of years.
The rate of growth=65%= 0.65
The exponential growth function is given by
, where A is initial amount and r is the rate of growth in decimal.
Then the increase in the sales id given by :-
Answer:
She deposits $350 into the account at the beginning of the year.
Step-by-step explanation:
Let us assume that Keegan deposits $P into her savings account at the beginning of the year.
The account earns 3% simple interest each year and she has $360.50 in her account at the end of the year.
If Keegan did not make any additional deposits or withdrawals during the year.
So, we can write that
⇒ P = $350 (Answer)