Given: 13,000 shares cumulative preferred stock ($1.75 dividend per share): 26,000 shares common stock. Dividends pald: 2016,
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Answer:
20,158 cases
Step-by-step explanation:
Let represent year 2010.
We have been given that since 2010, when 102390 Cases were reported, each year the number of new flu cases decrease to 85% of the prior year.
Since the flu cases decrease to 85% of the prior year, so the flu cases for every next year will be 85% of last year and decay rate is 15%.
We can represent this information in an exponential decay function as:
To find number of cases in 2020, we will substitute in our decay function as:
Therefore, 20,158 cases will be reported in 2020.