In a company's first year in operation, it made an annual profit of \$122,000$122,000. The profit of the company increased at a constant 9% per year each year. How much total profit would the company make over the course of its first 15 years of operation, to the nearest whole number?

$444,383.

Step-by-step explanation:

Let x represent number of years.

We have been given that in a company's first year in operation, it made an annual profit of $122,000. The profit of the company increased at a constant 9% per year each year.

We will use exponential growth function to solve our given problem.

, where

a = Initial value,

b = For growth b is in form .

Therefore, the company would make a profit of $444,383 over the course of its first 15 years of operation.

irrational, cannot