Options :
A. Every year the number of subscribers is estimated to increase by 8 over the number
of subscribers the year before.
B. Every year the number of subscribers is estimated to increase by 8% of the original
20,000 subscribers
C. Every year the number of subscribers is estimated to increase by 8% over the
number of subscribers the year before.
D. Every year the number of subscribers is estimated to increase by 80% of the
original 20,000 subscribers.
Answer:
C. Every year the number of subscribers is estimated to increase by 8% over the
number of subscribers the year before.
Step-by-step explanation:
Given that:
The formula represents an exponential function :
S = 20,000 (1 + 0.08)^y
General form of an exponential equation :
y(x) = ab^x
Where a = initial value ; b = rate of change ; x = time
Comparing the formula given with the general equation:
a = 20000 = Number of subscribers when company began
b^x = (1 + 0.08)^y = percentage increase in the number of subscribers over y years
