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

Question

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