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HELP!!!
I WILL MARK BRAINLEST!!!

Rhonda started a business. Her business made $30,000 in profits the first year. Her annual have increased by 5% each year since then.

A) write and explicit equation to model the sequence formed by the profits of Rhonda’s business each year

B) use the rule ti determine what the annual profits of Rhonda’s business can be predicted in 15 years from the start of her business. Round your answer to the nearest dollar. Do not round until the end. Show your work.

Respuesta :

Answer:

(a) $ 30000 + 1500 t

(b) $ 52500

Step-by-step explanation:

Initial profit = # 30,000

Profit increases every year by 5 %.

(a) Let the profit after t year is

P = $ 30,000 + 5% of 30,000 t  = $ 30000 + $ 1500 t

(b) t = 15 years

P = $ 30000 + $ 1500 x 15 = $ 52500  

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