Will Mark Brainliest-15 POINTS
Margarite opened a clothing boutique. The boutique made $33,575 in profits in the first year. Her annual profits have increased by an average of 6.16% each year since then.

(a) Write the iterative rule to model the sequence formed by the profits of Margarite’s boutique each year.

(b) Use the rule to determine what the annual profits of Margarite’s boutique can be predicted to be 19 years from the start of her business. Round your answer to the nearest dollar. Do not round until the end.
Show your work-Answer BOTH questions