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Leviafan
1 month ago
12

The projected worth (in millions of dollars) of a large company is modeled by the equation w = 206(1.1) t. The variable t repres

ents the number of years since 2000. What is the projected annual percent of growth, and what should the company be worth in 2011? A. 10%; $534.31 million B. 11%; $646.52 million C. 10%; $587.74 million D. 11%; $226.60 million
Mathematics
1 answer:
Zina [12.3K]1 month ago
6 0

Answer:

Hello! The right expression is: w = 241(1.06)t

In this case, t denotes the years elapsed since 2000.

For the year 2001, t is calculated as 2001 - 2000 = 1

Substituting 1 into the equation gives us w = 241(1.06)¹ = 241 * 1.06 = 255.46

Thus, the value in 2001 amounts to 255.46.

Additionally, in the expression, 1.06 can be broken down as 1 + 0.06, where 0.06 signifies an annual growth rate of 6%.

Hope this is helpful!~ ♡

ItsNobody~ ☆

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