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2 years ago

A business owner opens one store in town A. The equation p(x) = 10,000(1.075)' represents the anticipated profit aft-

Mathematics

1 answer:

sammy [17]2 years ago

4 0

Answer:

96%

Step-by-step explanation:

he rigth equation to anticipate the profit after t years is p(t) = 10,000 (1.075)^t

So, given that both

store A and store B follow the same equations but t is different for them, you can right: Store A: pA (t) 10,000 (1.075)^t

Store B: pB(t'): 10,000 (1.075)^t'

=> pA(t) / pB(t') = 1.075^t / 1.075^t'

=> pA(t) / pB(t') = 1.075 ^ (t - t')

And t - t' = 0.5 years

=> pA(t) / pB(t') = 1.075 ^ (0.5) = 1.0368

or pB(t') / pA(t) = 1.075^(-0.5) = 0.964

=> pB(t') ≈ 0.96 * pA(t)

This means that the profit of store B is about 96%of the profit of store A at any time after both stores have opened.

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