Algebra: A Combined Approach (4th Edition)

Published by Pearson
ISBN 10: 0321726391
ISBN 13: 978-0-32172-639-1

Chapter 12 - Section 12.4 - Exponential Growth and Decay Functions - Exercise Set: 5

Answer

$21231$

Work Step by Step

$y=C(1+r)^x$ $C=17; r=0.29; x=28$ $y=17(1+0.29)^{28}$ $y=17(1.29)^{28}$ $y\approx21231$
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