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2
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Last year, the total revenue for Home Style, a national restaurant chain,
increased 5.25% over the previous year. If this trend were to continue, which expression could
the company's chief financial officer use to approximate their monthly percent increase in
revenue? [Let m represent months.]
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3
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A payday loan company makes loans between $100 and $1000 available to
customers. Every 14 days, customers are charged 30% interest with compounding. In 2013,
Remi took out a $300 payday loan. Which expression can be used to calculate the amount she
would owe, in dollars, after one year if she did not make payments?
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