According to the following sales data from McDonald's and In-N-Out Burger, In-N-Out Burger will exceed sales for McDonald's by the year 2125. • Between the years of 2010 and 2017, the US sales of McDonald's increased by approximately $0.558 billion per year. o In 2017, the US sales for McDonald's was $37.4807 billion. • Between the years of 2010 and 2017, the US sales of In-N-Out Burger increased by approximately 4.83% each year. o In 2017, the US sales for In-N-Out Burger was $0.6478 billion. Using the information provided, create two separate tables that are each 5 rows and two columns as shown here. (Click on the three dots in the formatting toolbar in the discussion board to insert a table). Use the provided information about HOW each company's sales are increasing to determine the sales in the next three years. After you provide your filled in tables, provide an EXPLANATION OF HOW YOU FOUND THESE NUMBERS. Show/explain the calculations you did to get the values and describe WHY you did it that way.

Algebra: Structure And Method, Book 1
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ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
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I need to figur out how to complete the table and how to figure out the question of year 2125.

According to the following sales data from McDonald's and In-N-Out Burger, In-N-Out Burger will exceed sales for
McDonald's by the year 2125.
Between the years of 2010 and 2017, the US sales of McDonald's increased by approximately $0.558 billion per year.
o In 2017, the US sales for McDonald's was $37.4807 billion.
• Between the years of 2010 and 2017, the US sales of In-N-Out Burger increased by approximately 4.83% each year.
o In 2017, the US sales for In-N-Out Burger was $0.6478 billion.
Using the information provided, create two separate tables that are each 5 rows and two columns as shown here. (Click on
the three dots in the formatting toolbar in the discussion board to insert a table). Use the provided information about HOW
each company's sales are increasing to determine the sales in the next three years. After you provide your filled in tables,
provide an EXPLANATION OF HOW YOU FOUND THESE NUMBERS. Show/explain the calculations you did to get the
values and describe WHY you did it that way.
Transcribed Image Text:According to the following sales data from McDonald's and In-N-Out Burger, In-N-Out Burger will exceed sales for McDonald's by the year 2125. Between the years of 2010 and 2017, the US sales of McDonald's increased by approximately $0.558 billion per year. o In 2017, the US sales for McDonald's was $37.4807 billion. • Between the years of 2010 and 2017, the US sales of In-N-Out Burger increased by approximately 4.83% each year. o In 2017, the US sales for In-N-Out Burger was $0.6478 billion. Using the information provided, create two separate tables that are each 5 rows and two columns as shown here. (Click on the three dots in the formatting toolbar in the discussion board to insert a table). Use the provided information about HOW each company's sales are increasing to determine the sales in the next three years. After you provide your filled in tables, provide an EXPLANATION OF HOW YOU FOUND THESE NUMBERS. Show/explain the calculations you did to get the values and describe WHY you did it that way.
years since
2017
Billions of $ in
sales for McD's
37.4807
1
2
3
Billions of $ in
|years since
2017
sales for
InNOut
0.6478
2
3
Transcribed Image Text:years since 2017 Billions of $ in sales for McD's 37.4807 1 2 3 Billions of $ in |years since 2017 sales for InNOut 0.6478 2 3
Expert Solution
Step 1

McDonald's sales: In year 2017, say t = 0sM(0) = sales =  $37.4807 billiond = Increase in sales per year = $0.558billion per year. For In-N-out BurgerIn year 2017, say t = 0sI(0) = sales =  $0.6478 billionr = increase in sales % per year = 4.83%r = 0.0483  

Next three years

t = 1, year = 2018

t = 2, year = 2019

t = 3, year = 2020 

 

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