Asked by K
The number of units a factory produces is estimated to increase 15% every year geometrically. The production of first years was 5000 units. Estimate the production of the fifth year.
Answers
Answered by
Steve
That would be
5000 * 1.15^4
It's just a GP, with
a = 5000
r = 1.15
5000 * 1.15^4
It's just a GP, with
a = 5000
r = 1.15
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