Answer :
Answer:
in 4 years
Step-by-step explanation:
because you should find the 20% of 150
150×20=3000
3000÷100= 30
so 20% of 150 is 30
then you keep adding 30 to the results till you reach 300
The equation is 150+30x=300 and it takes 3 years for the company to earn $300.
Given that, a small business begins with $150 and grows by 20% each year.
We need to find when will the company's income by $300.
What is an equation?
In mathematics, an equation is a formula that expresses the equality of two expressions, by connecting them with the equals sign =.
Now, 20% of 150=30
Let x be the number of years.
So, f(x)=150+30x
⇒150+30x=300
⇒30x=150
⇒x=3
The equation is 150+30x=300 and it takes 3 years for the company to earn $300.
To learn more about the equations visit:
https://brainly.com/question/10413253.
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