Intermediate Algebra (6th Edition)

Published by Pearson
ISBN 10: 0321785045
ISBN 13: 978-0-32178-504-6

Chapter 9 - Section 9.3 - Exponential Functions - Exercise Set - Page 559: 39a

Answer

There were about $9.7$ billion pounds of cheese produced in the United States in 2007.

Work Step by Step

2007 is 4 years after 2003 so $x=4$. Substitute 4 to $x$ in the given equation to have: $\\y=8.6(1.03)^x \\y=8.6(1.03)^4 \\y=9.679375766 \\y\approx 9.7$
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.

GradeSaver will pay $15 for your literature essays
GradeSaver will pay $25 for your college application essays
GradeSaver will pay $50 for your graduate school essays – Law, Business, or Medical
GradeSaver will pay $10 for your Community Note contributions
GradeSaver will pay $500 for your Textbook Answer contributions