Algebra 1: Common Core (15th Edition)

Published by Prentice Hall
ISBN 10: 0133281140
ISBN 13: 978-0-13328-114-9

Chapter 7 - Exponents and Exponential Functions - 7-7 Exponential Growth and Decay - Got It? - Page 461: 1

Answer

$43872$ Subscribers. $(1.05)^{m}$

Work Step by Step

We use an exponential function $y=a\cdot b^x$. Number of years $x=1994-1985=9 \;years$. The cell phone subscribers in $1994$: $=y$. The initial cell phone subscribers: $a=285$ The growth factor: $b=1+.75=1.75$. Substitute all values into the function. $\Rightarrow y=285\cdot (1.75)^9$ Simplify. $\Rightarrow y=43872$. Hence, $43872$ The expression for monthly cell phone subscription increase is $=(1.75)^x$ $=(1.75)^{\frac{12x}{12}}$ $=(1.75^{\frac{1}{12}})^{12x}$ $=(1.05)^{12x}$ Let $12x=m$ $=(1.05)^{m}$.
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