Question Help Since 2005, the amount money spent at restaurants in a certain country has increased at a rate of 7% each year. In 2005, about $500 billion was spent restaurants. If the trend continues, about how much will be spent at restaurants in 2013? About $ billion will be spent (Round to the nearest whole number as needed.) restaurants in 2013 if the trend continues.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
ChapterP: Prologue: Calculator Arithmetic
Section: Chapter Questions
Problem 10E: Heart Disease In a certain country, the number of deaths due to heart disease decreased from 235 in...
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Since 2005, the amount of money spent
restaurants in a certain country has increased at a rate of 7% each year. In 2005, about $500 billion was spent at restaurants. If the trend continues, about how much will be spent at restaurants in 2013?
About $ billion will be spent at restaurants in 2013 if the trend continues.
(Round to the nearest whole number as needed.)
Transcribed Image Text:Question Help v Since 2005, the amount of money spent restaurants in a certain country has increased at a rate of 7% each year. In 2005, about $500 billion was spent at restaurants. If the trend continues, about how much will be spent at restaurants in 2013? About $ billion will be spent at restaurants in 2013 if the trend continues. (Round to the nearest whole number as needed.)
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