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Suppose that the sales at Borders bookstores went from80 80 million dollars in1992 1992 to425 425 million dollars in1996 1996 . Find an exponential function
Suppose that the sales at Borders bookstores went from80
80
million dollars in1992
1992
to425
425
million dollars in1996
1996
. Find an exponential function to model the sales (in millions of dollars) as a function of years,t
t
, since1992
1992
.
sales =million dollars
What is the continuous percent growth rate, per year, of sales?
continuous growth rate =percent
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