Question

from 2001 to 2012 the sales for a local doughnut store increased by about the same percent each year. The sales, S, for year t can be modeled by, S=372,300(6/5)^t. Where t=0 corresponds to 2001. What were the sales in 2001​

Answer 1

Using the given exponential function, it is found that the number of sales in 2001 was of 327,300.

What is the exponential function in this question?

It models the number of sales S in t years after 2001, given by:

$S(t) = 372300\left(\frac{6}{5}\right)^t$

2001 is year 0, hence the amount is given by S(0), that is:

$S(0) = 372300\left(\frac{6}{5}\right)^0 = 372300$

The number of sales in 2001 was of 327,300.

More can be learned about exponential functions at https://brainly.com/question/25537936

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