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A factory increases the production of cars annually by 4%. If presently it manufactures 370,000 cars per year, how many cars will it manufacture per year after 3 years?
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(370,000) + (370,000)(.4)(t) would that be the formula?
i guess i have no clue
(370,000) + (370,000)(.4)(3) = yur answer
4%= .04?
A=370,000(1+0.04)^3
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and for the answer i got 416250
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