1. Annual sales for a fast food restaurant are $650.000 and are increasing at a rate of 4% per year.
Use an exponential function to find the annual sales after 7 years.
Help pls

The annual sales after 7 years is $ 855.3556

Solution:

The growth function is given as:

Where,

y is the future value

a is the initial value

r is the growth rate

t is the number of years

From given,

a = 650

t = 7

Therefore,

Thus the annual sales after 7 years is $ 855.3556

answer: correct

step-by-step explanation:

0

step-by-step explanation:

equals the constant of proportionality.

solve for