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annual sales for a company are $149,999 and are increasing at a rate of 5% per year. write an exponential growth function to model this situation. then, find the annual sales after 7 years.
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annual sales for a company are $149,999 and are increasing at a rate of 5% per year. write an exponential growth function to model this situation. then, find the annual sales after 7 years.

User Edgars Jekabsons
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Answer: In 7 years the annual sales will be $202,498.65
User Andreyco
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