document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1041667>Question 1041667</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The projected worth (in millions of dollars) of a large company is modeled by the equation y = 206(1.1) x. The variable x represents the number of years since 2000. What is the projected annual percent of growth, and what should the company be worth in 2011?\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #656592 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=656592\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The projected worth (in millions of dollars) of a large company is modeled by the equation y = 206(1.1)^x. The variable x represents the number of years since 2000. What is the projected annual percent of growth, and what should the company be worth in 2011?<BR>\n" );
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document.write( "y = 206*(1+0.10)^x<BR>\n" );
document.write( "Percent growth:: 0.10 = 10%<BR>\n" );
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document.write( "f(2) = 206(1.1)^2 = 249.26 million<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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