document.write( "Question 1181256: Annual sales for a company are $125,000 and are increasing at a rate of 8% per year. Use an exponential function to find the annual sales after 5 years. Round to the nearest cent. \n" ); document.write( "

Algebra.Com's Answer #811113 by ikleyn(52788) $\"\"$ $\"About$

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document.write( "The formula is\r\n" );
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document.write( "    annual sales on the year after n years =  = .\r\n" );
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document.write( "Using it for n= 5, you get\r\n" );
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document.write( "    annual sales on the year after 5 years (actually, on the 6-th year) =  = 183666  dollars.    ANSWER\r\n" );
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