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Did I do this Algebra problem correctly/ In 1969 the Antique Automobile Club of America had 23,000 members. It grew an average of 5% per year through 1985. Assuming this continued what would the membership be in 2004? I got 78,000 is this correct?: D
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\[ 23000(1.05)^{2004-1996}=23000(1.05)^{8}=33981.5 \]
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