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26 November, 08:11

The yearly attendance at a local restaurant is 42,400 Grows continuously at a rate of 4.1% each year what is the approximate attendance at the restaurant in 21 years

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Answers (2)
  1. 26 November, 09:03
    0
    the answer is mathematically the product of 36,506.4
  2. 26 November, 10:01
    0
    Approximate attendance in 21 years = 98,600

    Step-by-step explanation:

    yearly Attendance = 42,400

    Growth rate = g = 4.1%

    No. of years = n = 21

    Approximate attendance in 21 years = attemdance (1+g) ^n

    = 42400 * (1+0.041) ^21

    = 42400 * 2.325

    =98580

    =98600 (Rounded off to the nearest hundreds)
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