document.write( "Question 578260: A business has a $20,000 profit in 1990. The profit increased by 20% per year for the next 10 years. Write an exponential growth model. \n" ); document.write( "
Algebra.Com's Answer #370595 by dfrazzetto(283)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "E = Profit ( 1 + 20%)^n(years)\r \n" ); document.write( "\n" ); document.write( "E = 20,000(1 + 1/5)^10\r \n" ); document.write( "\n" ); document.write( "E = 20,000(6.19173642) = $123,834.73\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |