A cable company uses the formula S = 20,000 (1 + 0.08)Y to estimate the number of subscribers, S, that use their service after y years. If there were 20,000 cable television subscribers when the cable company began, what is the meaning of the expression (1 + 0.08)'? %3D A. Every year the number of subscribers is estimated to increase by 8 over the number of subscribers the year before. B. Every year the number of subscribers is estimated to increase by 8% of the original 20,000 subscribers. C. Every year the number of subscribers is estimated to increase by 8% over the number of subscribers the year before. D. Every year the number of subscribers is estimated to increase by 80% of the original 20,000 subscribers.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A cable company uses the formula S = 20,000 (1 +0.08) to estimate the number
of subscribers, S, that use their service after y years. If there were 20,000 cable
television subscribers when the cable company began, what is the meaning of the
expression (1 + 0.08)'?
%3D
A. Every year the number of subscribers is estimated to increase by 8 over the number
of subscribers the year before.
B. Every year the number of subscribers is estimated to increase by 8% of the original
20,000 subscribers.
C. Every year the number of subscribers is estimated to increase by 8% over the
number of subscribers the year before.
D. Every year the number of subscribers is estimated to increase by 80% of the
original 20,000 subscribers.
Transcribed Image Text:point A cable company uses the formula S = 20,000 (1 +0.08) to estimate the number of subscribers, S, that use their service after y years. If there were 20,000 cable television subscribers when the cable company began, what is the meaning of the expression (1 + 0.08)'? %3D A. Every year the number of subscribers is estimated to increase by 8 over the number of subscribers the year before. B. Every year the number of subscribers is estimated to increase by 8% of the original 20,000 subscribers. C. Every year the number of subscribers is estimated to increase by 8% over the number of subscribers the year before. D. Every year the number of subscribers is estimated to increase by 80% of the original 20,000 subscribers.
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