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The average annual salary of a professional football player has increased exponentially, according to the data in the
table.
Professional Football Player
Year Average Salary
2000 $1,116,000
2005
$1,400,000
2010 $1,900,000
2015 $2,447,000
2020 $3,193,000
What is the best prediction of the average annual salary of a professional football player in 2025?
$4,166,000
$3,400,000
$4,696,000
$3,712,000

The average annual salary of a professional football player has increased exponentially according to the data in the table Professional Football Player Year Ave class=

Respuesta :

raphealnwobi

The best prediction of the average annual salary of a professional football player in 2025 is $4,166,000

Exponential function

An exponential function is in the form:

y = abˣ

Where y,x are variables, a is the initial value of y and b is the multiplication factor.

Let y represent the average annual salary, x years since 2000, hence, from table:

At (2000, 1116000), that is (0, 1116000):

1116000 = ab⁰  

a = 1116000

At (20, 3193000):

3193000 = 1116000(b)²⁰

b = 1.05

The salary in 2025 ( x = 25) is:

y = 1116000(1.05)²⁵ = 4152719.5

The best prediction of the average annual salary of a professional football player in 2025 is $4,166,000

Find out more on exponential function at: https://brainly.com/question/12940982

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