<PRE><B>Question 1041667</B>
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?
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y = 206*(1+0.10)^x
Percent growth:: 0.10 = 10%
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f(2) = 206(1.1)^2 = 249.26 million
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Cheers,
Stan H.
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