SOLUTION: in 2001 18.2 milion households had a dvd player. If theis population grows at 25% annually, how many households will have a dvd player in 2006 ( 5 years later)? a = p(1+r) to the

SOLUTION: in 2001 18.2 milion households had a dvd player. If theis population grows at 25% annually, how many households will have a dvd player in 2006 ( 5 years later)? a = p(1+r) to the

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Question 121579: in 2001 18.2 milion households had a dvd player. If theis population grows at 25% annually, how many households will have a dvd player in 2006 ( 5 years later)? a = p(1+r) to the t power
Answer by checkley71(8403) (Show Source): You can put this solution on YOUR website!
A=P(1+R)^T
A=18.2(1+.25)^5
A=18.2(1.25)^5
A=18.2*3.05
A=55.54 MILLION WILL BE THE POPULATION OF DVD PLAYERS IN 5 YEARS.
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