Since 2006 amount of money spent at restaurants in a certain country has increased at a rate of 7% each year in 2006 about 400 billion was spent restaurant if the trend continues how much will be spent at restaurants in 2014
2 answers
In 2014, approximately $624 billion will be spent at restaurants in the country.
WRONG AGAIN!!!
amount = 400(1.07^8) = 687.27 billion
amount = 400(1.07^8) = 687.27 billion