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Unamed568:
The yearly attendance at a local movie theater is 68,000 and grows continuously at a rate of 3.5% each year. What is the approximate attendance at the movie theater in eight years? My answer came out to be 89755.2 please help.
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Elsa213:
@Bob is smart for this, maybe. e.e
Bob:
68,000 x 0.035 = 2380 2380 x 8 = 19040 68,000 + 19040 = 87040
Bob:
How did you get your answer
Unamed568:
That makes sense. Wow. Thanks!
Bob:
Any time
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Unamed568:
I did 6800(1+0.035/2)^2*8
Bob:
not that complicated
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