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OpenStudy (anonymous):
subtract 1950 from the current year and substitute that number into the equation, y=0.50(1.06)^x. (for instance, if it is 2006, use x=56.) what answer did you get? please help !
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OpenStudy (anonymous):
well what do you get for x. in this current year of 2013.
OpenStudy (anonymous):
once you find x, then it becomes very simple.
OpenStudy (anonymous):
is it 63?
OpenStudy (anonymous):
2013-1950 = 63 correct. change the x = 63 into the equation y=0.50(1.06)^x. then just solve the equation.
OpenStudy (anonymous):
19.6444?
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