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  • 03-04-2018
  • Mathematics
contestada

Annual sales for a fast food restaurant are $650,000 and are increasing at a rate of 4% per year. How much is the annual sales for 5 years?

Respuesta :

Gemster2017 Gemster2017
  • 03-04-2018
Use the equation y=a(1+r)^t
So in this case: 650,000(1+0.04)^5
Giving you...

$790,824.83
Answer Link

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