Abdul M.

asked • 04/22/20

Since 2006​, the amount of money spent at restaurants increased at a rate of 5​% each year. In 2006​, about ​$490 billion was spent at restaurants. About how much will be spent in 2015​?

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David W. answered • 04/22/20

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490(1.05)9 = $492 billion

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Abdul M.

Thank you so much!
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04/23/20

Miracle B.

what about this one. Since 2005​, the amount of money spent at restaurants in a certain country has increased at a rate of 5​% each year. In 2005​, about ​$490 billion was spent at restaurants. If the trend​ continues, about how much will be spent at restaurants in 2019​?
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01/26/24

David W.

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Surely you can't be serious. Set it up juuuuust like above but with the information given.
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01/26/24

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