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The pront for a company this year was $100,000. Each year the profit increases at a rate of 1.2% per year. Which function shows the company's profit as a function of time i…

The pront for a company this year was $100,000. Each year the profit increases at a rate of 1.2% per year. Which function shows the company's profit as a function of time i…
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1 vote
The pront for a company this year was $100,000. Each year the profit increases at a rate

of 1.2% per year. Which function shows the company's profit as a function of time in
years?

asked
User Vicky Vicent
by
8.6k points

1 Answer

7 votes

Answer:

f(t) = 100,000 ⋅ 0.012 t

Explanation:

answered
User Robert Almgren
by
8.6k points
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