QUESTION 4 of 10: Your restaurant purchases 1,625 bottles of Chablis per year. The annual increase of purchases has been 6%. If this
increase continues for 5 years, what will be your average increase in bottles purchased per year over that time?
a) 110 bottles
b) 190 bottles
c) 260 bottles
d) 400 bottles

A - 110

Step-by-step explanation:

So if it is 6% increase you would times the number by 1.06. So you would do this like 5 times:

1,625 x 1.06 = 1722.5

1722.5 x 1.06 = 1825.85

1825.85 x 1.06 = 1935,401

1935.401 x 1.06 = 2051,52506

2051.52506 x 1.06 = 2174,6165636

Now you have the total number of bottles after 5 years, you would find the increase which is 2174.6165636 - 1,625 ≈ 550. 550 / 5 = 110

A

⭐ Answered by Foxzy0⭐

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