SOLUTION: A factory increases the production of cars annually by 4%. If presently it manufactures 370, 000 cars per year, how many cars will it manufacture per year after 3 years?

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Question 427055: A factory increases the production of cars annually by 4%. If presently it manufactures 370, 000 cars per
year, how many cars will it manufacture per year after 3 years?

Answer by jorel1380(3719) About Me  (Show Source):
You can put this solution on YOUR website!
After 3 years=370,000x1.04x1.04x1.04=370000x1.124864=416199.68..