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Mathematics
OpenStudy (manman):

33. The projected worth (in millions of dollars) of a large company is modeled by the equation y=241(1.03)^x Explain please .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 2012? a. 3%; $333.60 million b. 3%; $343.61 million c. 13%; $353.92 million d. 13%; $248.23 million

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