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More and more people are purchasing food from farmers' markets. As a consequence, a market researcher
predicts that the number of farmers' markets will increase by 15% each year. If there are 6,200 farmers' markets
this year, how many will there be in 10 years? (Round to the nearest whole number if necessary).

Respuesta :

raphealnwobi

The exponential function is given by:

y = 6200(1.15)ˣ

Exponential function

Exponential function is in the form:

y = abˣ

where y, x are variables, a is the initial value of y and b is the multiplier

Let y represent the number of farmers after x years.

From the question:

a = 6200, b = 100% + 15% = 115% = 1.15

The exponential function is given by:

y = 6200(1.15)ˣ

Find out more on exponential functions at: https://brainly.com/question/12940982

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