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Mathematics, 20.10.2020 14:01 emmaschloegl21x
More people are purchasing food from farmers' markets around the country. As a consequence, a market researcher predicts that the number of farmers' markets will increase by 4.25% every six months. If there were 7290 farmers' markets in 2019, how many will there be in 5 years?
Given the exponential growth scenario above, answer the following questions:
What is the initial value,
P0 in this problem?
What is the growth factor or growth rate (as a decimal value)?
What is the n value, or number of time periods?
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