Sales of 10000 increased by 65% each year write a function that represents the situation

Mathematics

1 answer:

erastovalidia [21]2 years ago

6 0

Answer: $y=10000(1.65)^x$

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

$y=A(1+r)^x$

, where A is initial amount and r is the rate of growth in decimal.

Then the increase in the sales id given by :-

$y=10000(1+0.65)^x\\\Rightarrow\ y=10000(1.65)^x$

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Step-by-step explanation:

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