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Aleksandr [31]
3 years ago
7

A new museum had 7500 vistiors this year.the number of visitors is expected to grow by 5% each year. How many vistiors will be i

n 5 years?
Mathematics
1 answer:
Bumek [7]3 years ago
8 0

Answer:

9572 visitors

Step-by-step explanation:

This is exponential: y=aby=ab^x

a = initial value

b = growth rate

It will grow by 5% each year but also keep the same amount as last year (100% of last year's visitors)

a = 7500

b = 1.05

y = 7500(1.05)^x

Plug in x=5

9572.111719 = 9572 visitors

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