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Algebra 1 common assessment unit 2-1 SY23

Algebra 1 common assessment unit 2-1 SY23-example-1
User Enid
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4 votes

Answer:


t1 {15y08 (18 \gamma \gamma )/(?) }^(2)

User Durgesh Suthar
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The answer is that every year, the number of subscribers is estimated to increase by 8% over the number of subscribers the year before. So, the correct option is C.

The image sent shows a question about a formula used by a cable company to estimate the number of subscribers they have after a certain number of years. The question asks what the meaning of the expression
(1 + 0.08)^y is in the formula.

The answer is that every year, the number of subscribers is estimated to increase by 8% over the number of subscribers the year before.

This means that the cable company is assuming that their subscriber base will grow at a compound annual growth rate (CAGR) of 8%.

Here's a breakdown of the formula:

S: represents the number of subscribers after y years

20,000: represents the initial number of subscribers when the cable company began

(1 + 0.08): represents the growth factor, which is 1 plus the annual growth rate (8%) expressed as a decimal

y: represents the number of years since the cable company began

So, to calculate the number of subscribers after y years, you would simply raise the growth factor (1 + 0.08) to the power of y and multiply it by the initial number of subscribers (20,000).

User DougBTV
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