Question

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?

Answer 1

42,000+5.9x

Answer 2

the answer?

Answer 3

you can figure it out. plug 7 in for x

Answer 4

42,000 * (1 + 0.059) ^ 7

Answer 5

There is a word missing from all these attempts. "continuously"

\(42000\cdot e^{0.059(7)} = 63476\)

This should be just a little more than the annual increase proposed by wio.

\(42000\cdot (1.059)^{7} = 62737\)