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OpenStudy (anonymous):
The yearly attendance at a local movie theater is 42,000 and grows continuously at a rate of 5.9% each year. What is the approximate attendance at the movie theater in seven years?
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Parth (parthkohli):
I suppose that is continuous compounding. \( \color{Black}{\Rightarrow 42000(1 + 0.059)^7}\)
OpenStudy (anonymous):
=62737
OpenStudy (anonymous):
the answer: 62737 was marked incorrect.
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