NO LINKS!!!#47 & 48. Use the information to find the indicated value
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The formula for exponential growth is y=a(1+r)
. Where a is the initial value when time is 0 (100 in this case). r is the growth rate, we can see that the growth is 10%. And x is how much time has passed, we want to find out how many trucks after 9 years.
So we would plug the values in to get y=100(1+.1)
. Solving this gives us 235.79, so we would round up to 236, and our answer would be 236 trucks registered in the city in year 9.
Edit: The x and the 9 are exponents, the formatting made them look a bit weird.
So we would plug the values in to get y=100(1+.1)
Edit: The x and the 9 are exponents, the formatting made them look a bit weird.