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April 25, 2015

Homework Help: Algebra

Posted by Junior on Friday, July 11, 2014 at 10:52pm.

A business owner opens one store in town A. The equation p(x)=10,000(1.075)^t represents the anticipated profit after t years. The business owner opens a store in town B six months later and predicts the profit from that store to increase at the same rate. Assume that the initial profit from the store in town B is the same as the initial profit from the store in town A. At any time after both stores have opened, how does the profit from the store in town B compare with the profit from the store in town A?

65%
96%
104%
or 154%

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