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? a 511 stores b 526 stores c 535 stores d 502 stores
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? a 511 stores b 526 stores c 535 stores d 502 stores
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.3: Arithmetic Sequences And Series
Problem 39E
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Question
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?
a |
511 stores
|
b |
526 stores
|
c |
535 stores
|
d |
502 stores
|
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