The revenue of a technology company, in thousands of dollars, can be modeled with an exponential function whose starting value is $395,000 where time t is measured in years after 2010. Which function predicts exactly 1.2% of annual growth: R(t) = 395 · e(0.0124) or S (t) = 395 · (1.012)' ? Explain your reasoning.

The revenue of a technology company, in thousands of dollars, can be modeled with an exponential function whose starting value is $395,000 where time t is measured in years after 2010. Which function predicts exactly 1.2% of annual growth: R(t) = 395 · e(0.0124) or S (t) = 395 · (1.012)' ? Explain your reasoning.

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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The revenue of a technology company, in thousands of dollars, can be modeled with an exponential
function whose starting value is $395,000 where time t is measured in years after 2010.
Which function predicts exactly 1.2% of annual growth:
R(t) = 395 · e(0.0124) or S (t) = 395 · (1.012)' ? Explain your reasoning.

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