Answer:
here is my working out to find answer, if u feel that the answer is wrong then do the reverse calculation by putting n value to the equation. hope u understood and stay safe!
Mickey buys a shirt for $12 and a pair of shoes for $25. The sales tax rate is 9.25% how much sales tax must he pay? what is the
1 answer:
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Answer:
$39,851.25
Step-by-step explanation:
If the sales increase at a rate of 9% per year, this means it will be 109% of the previous year's value since 100% + 9% = 109%
109% in decimal form = 109/100 = 1.09
Therefore, the exponential function is:
, where
is the number of years
So when ,
After 8 years, annual sales = $39,851.25
Answer:
y = 14
Step-by-step explanation:
For an exponential function of the form y = a
Use the given points to find a and b
Using (0, 14 ), then
14 = a (
= 1 ) , thus
a = 14
y = 14
Using (3, 3024 ) , then
3024 = 14 b³ ( divide both sides by 14 )
216 = b³ ( take the cube root of both sides )
b = = 6 , thus
y = 14 × ← exponential function