MEDAL AND FAN...
On the total amount of money spent by a school district for 1980 through 2000,the percent p spent on athletics can be modled by this equation
p=2.94(1.07)t
use the formula to calculate how much the district spent on athletics in 1999.Round your answer to the nearest thousandth
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OpenStudy (anonymous):
hey
iYuko (iyuko):
10.6325909767 Is 1.07 to the 19th power is 3.61652754 multiplied by 2.94.
iYuko (iyuko):
10.6325909767 rounded to the nearest 10th is 10.633
iYuko (iyuko):
Understand?
iYuko (iyuko):
Nearest thousand I mean
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OpenStudy (danieke):
could uu explain it over please
iYuko (iyuko):
Okay
iYuko (iyuko):
P=2.94(1.07)to the power of t where t stands for time
iYuko (iyuko):
t=0 in 1980.
iYuko (iyuko):
19 years later it is 19 so now t=19
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iYuko (iyuko):
\[1.07^{19}= 3.61652754 *2.94\]
iYuko (iyuko):
So 1.07 to the 19th power = 3.61652754
iYuko (iyuko):
Now we do 3.61652754 * 2.94
iYuko (iyuko):
10.633 is your final answer
iYuko (iyuko):
@danieke
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