A bike company sells 30,000 bikes in their first year of business. Their business model predicts that sales will increase at 1%

Question

A bike company sells 30,000 bikes in their
first year of business. Their business
model predicts that sales will increase at
1% each year.
How many years after they began
business will it take for the company to
have sold a total of 200, 000 bikes,
(rounding-up to a whole number)?

Kunduz · Accepted Answer

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