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In the month of January, a certain restaurant claimed it sold 9,000 burgers and expects sales to grow at a rate of 4.8% per month over the next year. Which formula will determine the number of burgers the restaurant expects to sell this year?

In the month of January a certain restaurant claimed it sold 9000 burgers and expects sales to grow at a rate of 48 per month over the next year Which formula w class=

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Brain741

Answer:

11∑N=1 9000 (1.048)^n

Step-by-step explanation:

First month = a = 9000

Common ratio = r = 1 + 0.48 = 1.048

Number of months = n = 11 (Feb to Dec)

Formula to find the number of burgers sold in this year:

11∑N=1 9000 (1.048)^n Choice A

abidemiokin

The formula that will determine the number of burgers the restaurant expects to sell this year is 9000(1.048)^t  {limit from n = 1 to n = 12}

Exponential functions

The standard exponential function is expressed as;

A = P(1 + r)^t

P is the inital amount of burger

r is the rate

t is the time

Given the following parameters

P = 9000

r = 4.8% = 0.048

Substitute

A = 9000(1 + 0.048)^t

A = 9000(1.048)^t {limit from n = 1 to n = 12}

Hence the formula that will determine the number of burgers the restaurant expects to sell this year is 9000(1.048)^t  {limit from n = 1 to n = 12}

learn more on exponential equation here: https://brainly.com/question/12940982

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