Walmarts 2016 sales were about $481 billion. Suppose sales are projected to increase at a rate of 15% per year. What will Walmart sales be in the year 2021 if this is correct? Please show how you came to the answer, thank you.

College Algebra (MindTap Course List)
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Author:R. David Gustafson, Jeff Hughes
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Chapter7: Conic Sections And Quadratic Systems
Section7.CM: Cumulative Review Exercises
Problem 51CM
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Walmarts 2016 sales were about $481 billion. Suppose sales are projected to increase at a rate of 15% per year. What will Walmart sales be in the year 2021 if this is correct?

Please show how you came to the answer, thank you.

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