Matt made a 75% on his test. There were 20 questions on the test. How many
2 answers:
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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
The equation is put in slope intercept form which is y=mx+b
The slope is m and in this case it is -1/2.
To find the y intercept substitute in 0
for x then solve.
The slope is m and in this case it is -1/2.
To find the y intercept substitute in 0
for x then solve.