Ahandbag company had 3% of the market in 2010; in 2014, it had 21%. (a) write a linear equation expressing the percentage of the luxury handbag market y that the company had x years after 2000. (b) what was the percentage of the market that the company had in 2013. (c) if the trend continues, what will be the first full year in which the company had 20% of the market?

explanation:

previous steps have made pa≅ pb ≅ st ≅ su. setting the compass width to ab allows you to make tu the same length. then δstu ≅ δpab by the sss congruence postulate, and ∠p ≅ ∠s by the reason cpctc.

step-by-step explanation:

part a. the differences are decreasing, so we know the sequence is not arithmetic. the ratios are constant (=3/4), so we know the sequence is geometric.

part b. from part a, we know the common ratio is 3/4, so each term is 3/4 of the one before. the initial term is the number of gallons at h=1.

g[h] = (3/4)·g[h-1]

g[1] = 384 . . . . initial value required for a recursive definition

part c. the general formula for a geometric sequence is

a[n] = a[1]·r^(n-1)

we have a[1] = 384, r = 3/4, and the term number given by h. the formula that follows is

g[h] = 384·(3/4)^(h-1)

part d. filling in the value and doing the arithmetic, we have

g[12] = 384·(3/4)^11 ≈ 384·0.042235136 ≈ 16.2183 . . gallons

part e. each gallon is 4 quarts, so

16.2183 gal × 4 qt/gal = 64.8732 qt