Answer:
Hey There!! The Correct answer is: The equation is w = 241(1.06)t
And here variable t represents the number of years since 2000.
In 2001 means t=2001 -2000 = 1
So we plug 1 for t in the given expression , that is w = 241(1.06)1 = 241 * 1.06 = 255.46
Therefore in 2001, it should be worth to 255.46.
And in the given expression 1.06=1 +0.06, where 0.06 is the annual percent of growth that is 6 % .
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ItsNobody~ ☆
The projected annual percent of growth is 10% and the company worth in 2011 will be $587.74 millions. Then the correct option is C.
Consider the function:
y = a (1 ± r) ˣ
Where x is the number of times this growth/decay occurs, a = initial amount, and r = fraction by which this growth/decay occurs.
If there is a plus sign, then there is exponential growth happening by r fraction or 100r %.
If there is a minus sign, then there is exponential decay happening by r fraction or 100r %.
The projected worth (in millions of dollars) of a large company is modeled by the equation is given as,
[tex]\rm w = 206\times (1.10)^t\\\\w = 206\times (1+0.10)^t[/tex]
Then the projected annual percent of growth is 10%.
The variable t represents the number of years since 2000.
Then the company worth in 2011 will be
w = 206 × 1.1¹¹
w = $587.74 millions
The projected annual percent of growth is 10% and the company worth in 2011 will be $587.74 millions.
Then the correct option is C.
More about the exponent link is given below.
https://brainly.com/question/5497425
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