Mathematics, 20.09.2021 14:00 christopherluckey7

Question 3: A store did $31,000 in sales in 2014, and $49,000 in 2018.

(a) Assuming the store's sales are growing linearly, find the growth rate d.

(b) Write a linear model of the form
Pt=P0+dt to describe this store's sales from 2014 onward.

Pt=

(c) Predict the store's sales in 2025.

$

(d) When do you expect the store's sales to exceed $105,000? Give your answer as a calendar year (ex: 2020).

During the year

Answers: 2

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Question 3: A store did $31,000 in sales in 2014, and $49,000 in 2018.

(a) Assuming th...