SOLUTION: year 2003-310 visitors/ 2004-332 visitors/2005-355 visitors/2006-380 visitors/2007-406 visitors/2008-434 visitors .Uo=ing the growth formula y=b(1+r)^t solve for number of visitors
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Question 1113108: year 2003-310 visitors/ 2004-332 visitors/2005-355 visitors/2006-380 visitors/2007-406 visitors/2008-434 visitors .Uo=ing the growth formula y=b(1+r)^t solve for number of visitors in 2015. Show work
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
year 2003-310 visitors/ 2004-332 visitors/2005-355 visitors/2006-380 visitors/2007-406 visitors/2008-434 visitors .
Using the growth formula y=b(1+r)^t solve for number of visitors in 2015. Show work.
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r = 332/310 = 1.07
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# in 2015 = (# in 2008)r^7 = 434*(1.07)^7 = 701
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Cheers,
Stan H.
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