The number of franchises of a dance studio has been growing exponentially since the first studio opened
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Question:
The number of franchises of a dance studio has been growing exponentially since the first studio opened in 1998. Since then the number of studios has grown at a rate of 14% each year.
a) Create an algebraic model that givesthe number of studiost years since 1998.
b) Use your model to predict the number of studios in 2022. Round your answer to the nearest whole number.
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