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4 votes
The projected worth (in millions of dollars) of a large company is modeled by the equation w=

256(1.09)t The variable t represents the number of years since 2000. What is the projected annual
percent of growth, and what should the company be worth in 2008?

User Rodent
by
5.6k points

2 Answers

5 votes

Answer:

i think it's 510.10

Step-by-step explanation:

You see the common ratio 0.09, which is also the projected annual growth rate.

In 2008, 8 years after 2000, the company's net worth should be

w(8) = 256(1.09)^8 = 510.10

Explanation:

hope this helps!

User Semateos
by
5.6k points
3 votes

Answer:

510.10

Explanation:

Notice the common ratio 0.09, which is also the projected annual growth rate.

In 2008, 8 years after 2000, the company's net worth should be

w(8) = 256(1.09)^8 = 510.10

User Fragmentedreality
by
5.4k points
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