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Mathematics, 09.10.2019 17:30 krishimotam

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sales of a popular toy were about 20 million in 2000 and growing by about 5% each year. at this growth rate, the function f(x) = 20(1.05)x gives the annual number of toys sold in millions in the xth year after 2000. using this model, in about what year will the annual sales surpass 37 million?

a 2010
b 2020
c 2015
d 2013

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Answers: 2

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