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Mathematics, 31.07.2020 09:01 yoyo80431

Sales of a popular toy were about 20 million in 2000 and growing about 5% each year. At this growth rate, the function f(x) = 20(1.05)^x gives the annual number of toys sold in million in the xth year after 2000. Using this model, in about what year will the annual sales surpass 37 million?

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