Which franchise model is applicable to the given example? In case of a franchise model, a franchisor expects the franchisee to hire trained employees to carry out specialized tasks and provide services to the franchisor’s customers.

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soo this can be solve by using the formula:

f = p( 1 + i)^ n

where f is the future profit

p is the initial profit

i is the percent increase

n is the number of years

a . f = 30000 ( 1.05)^n

b. f = 30000 ( 1.05)^15

f = $62,368