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The Number of Stores in a Particular Chain of Coffee

question 67

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The number of stores in a particular chain of coffee bars was 200 in 1990 and began growing exponentially with a growth constant of 0.20 year-1. In what year would one predict the number of stores to reach 10,000?


Definitions:

Restaurant

A business establishment where meals or refreshments can be purchased and consumed by the public.

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A Chinese multi-purpose messaging, social media, and mobile payment app developed by Tencent, offering a wide range of services and functionalities.

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Platforms and websites that enable users to create and share content or participate in social networking with others.

Zenefits

A digital human resource platform for small to medium-sized businesses, managing payroll, benefits, compliance, and other HR functions.

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