Question

Directions: write an exponential function for each situation then give the value of the function for the specified period of time.
1. during the first year operating new Taco Bell the annual sales were $165,000 and are increasing 4% annually.
f(x)=
what were the sales 6 years later?

Answer 1

F(x)=165,000(1+.04)ⁿ
f(x)=165,000(1.04)⁶
or $208,777.64~