## Algebra 2 (1st Edition)

Published by McDougal Littell

# Chapter 7 Exponential and Logarithmic Functions - Chapter Test - Page 543: 27

#### Answer

$H=62(1.0485)^t$

#### Work Step by Step

Our initial amount is $62$, and the percent increase is: $0.0485$. Then the number of households that purchased these products is ($0\leq t\leq5$): $H=62(1+0.0485)^t=62(1.0485)^t$

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