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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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