Answer: [tex]y=10000(1.65)^x[/tex]
Step-by-step explanation:
Given: The sales of 10000 increased by 65% each year .
Let x be the number of years.
The rate of growth=65%= 0.65
The exponential growth function is given by
[tex]y=A(1+r)^x[/tex]
, where A is initial amount and r is the rate of growth in decimal.
Then the increase in the sales id given by :-
[tex]y=10000(1+0.65)^x\\\Rightarrow\ y=10000(1.65)^x[/tex]
