Answer
$y = 400* 1.05^x$
Work Step by Step
The initial profit is 400, and the growth rate is 5% per year.
Algebra 1
by Hall, Prentice
Published by
Prentice Hall
ISBN 10:
0133500403
ISBN 13:
978-0-13350-040-0
Chapter 7 - Exponents and Exponential Functions - 7-7 Exponential Growth and Decay - Practice and Problem-Solving Exercises - Page 460: 42
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