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I am confused on this question

I am confused on this question-example-1
User Amquack
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19800. Because 3300 x 6 = 19800.
User Matthew Haugen
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Answer: Around 4681 grills

============================================

Step-by-step explanation:

x = number of years

y = number of grills sold

The equation we'll use is the exponential equation
y = 3300(1.06)^x

The 3300 of course is the initial amount sold. The 1.06 as the base indicates that the sales increase by 6% each year. Think of it the 1.06 as 1+0.06 = 100% + 6%

If we plugged x = 0 into that equation, then we get


y = 3300(1.06)^x = 3300(1.06)^0 = 3300

which helps confirm the correct equation.

----------------

Now plug in x = 6 to find the sales for year 6.


y = 3300(1.06)^x = 3300(1.06)^6 \approx 4681.11 \approx 4681

The projected sales for year 6 are about 4681 grills. This is an estimate based on the assumption that the sales will increase by 6% each year. Of course, the reality is that things aren't always so simple like this (but it should give a fairly good idea of what's going on).

User Olivier De Meulder
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