Question

A cable company uses the formula S = 20,000 (1 + 0.08)y to estimate the number

Answer 1

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:

Using the formula :

S = 20,000 (1 + 0.08)^y to estimate ;

S = number of subscribers ; y = years

The expression : (1 + 0.08)^y

0.08 = 0.08 * 100% = 8%

(1 + 0.08)^y represents a continous growth or increase in the number of subcsribers by 8% over the number of subscribers the preceeding year