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33 votes
33 votes
A social media website had 700,000 followers in 2014. The number y of followers increases by 6% each year.

a. Write an exponential growth function that represents the number of followers t years after 2014.
b. How many people will be following the website in 2019. Round your answer to the nearest thousand.

User ThrowingSpoon
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1 Answer

14 votes
14 votes
a. y=700,000*(1+6%)^t

b. 2 years later which means t=2, hence, y=700,000*(1+6%)^2=786520
round to the nearest thousand: y=78700
User PBandJ
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