A company owns and operates a chain of auto parts stores. In 2002 the company owned 300 stores and had a steady growth rate of 2.7% annually. If this growth rate continues, how many stores will the company operate in 2022?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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A company owns and operates a chain of auto parts stores. In 2002 the company owned 300 stores and had a steady growth rate of 2.7% annually. If this growth rate continues, how many stores will the company operate in 2022? 
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