My recent marketing idea, the Miracle Algae Growing Kit, has been remarkably successful, with monthly sales growing by 5% every 6 months over the past 3 years. Assuming that I sold 450 kits the first month, what is the present rate of sales? Round your answer to the nearest whole number.   a.485 kits per month b.486 kits per month c.524 kits per month d.603 kits per month e.522 kits per month

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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My recent marketing idea, the Miracle Algae Growing Kit, has been remarkably successful, with monthly sales growing by 5% every 6 months over the past 3 years. Assuming that I sold 450 kits the first month, what is the present rate of sales? Round your answer to the nearest whole number.

 

a.485 kits per month

b.486 kits per month

c.524 kits per month

d.603 kits per month

e.522 kits per month

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