The initial profit is $208 . The profit increases by 26% every 6 years. Choose the correct equation for the total profit after t number of years. O A. P= 208(1.26)6t O B. P = 208(0.26) 6 Oc. P= 208(1.26) 6 O D. P= 208 + 26t O E. P= 208(0.26)6t %3D What is the yearly growth factor? (round to the nearest ten-thousandth) What is the yearly growth rate? (round to the nearest hundredth of a percent) O% When will the profit reach $2000? (round to the nearest hundredth) years

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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The initial profit is $208 . The profit increases by 26% every 6 years.
Choose the correct equation for the total profit after t number of years.
O A. P= 208(1.26)6t
O B.
P= 208(0.26) 6
Oc.
P= 208(1.26) 6
O D. P= 208 + 26t
O E. P= 208(0.26)6t
What is the yearly growth factor? (round to the nearest ten-thousandth)
What is the yearly growth rate?
(round to the nearest hundredth of a percent) %
When will the profit reach $2000? (round to the nearest hundredth)
years
Transcribed Image Text:The initial profit is $208 . The profit increases by 26% every 6 years. Choose the correct equation for the total profit after t number of years. O A. P= 208(1.26)6t O B. P= 208(0.26) 6 Oc. P= 208(1.26) 6 O D. P= 208 + 26t O E. P= 208(0.26)6t What is the yearly growth factor? (round to the nearest ten-thousandth) What is the yearly growth rate? (round to the nearest hundredth of a percent) % When will the profit reach $2000? (round to the nearest hundredth) years
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