Complete Question:
The total volume of a tree increases 6% each year. What will its volume be after 7 years if its volume is 5 cubic meters now? A. 5(0.06)^7 B. 5(7)(0.06) C. 5(1.06)^7 D. 5(7)(1.06)
Answer:
C. 5(1.06)^7
Explanation:
The volume of a tree increases by 7% every year
The formula we would be using is
V(t) = Vo (1 + r)t
Where V(t) = Volume after t years
Vo = Present of initial volume
r = rate of increase
t = time
From the question,
V(t) = Volume after t years = unknown
Vo = Present of initial volume = 5m³
r = rate of increase = 6% = 0.06
t = time = 7 in years
V(t) = 5 × ( 1 + 0.06)^ 7
V(t) =(5)(1.06)^7
Therefore, its volume be after 7 years if its volume is 5 cubic meters now is
Option C: (5)(1.06)^7