At the beginning of the last decade, a total of 7.2 million passengers took a cruise vacation. The global cruising industry has been growing at approximately 7% per year. Assume that this growth rate continues. Suppose N= f(t) gives the number of passengers, in millions, that take a cruise vacation at year t. Answer parts (a), (b), (c), and (d) of the question. Click VERIFY to move to the next part. (a) Report the following. Use the pull-down menu to indicate the units. f0) = Number Click for List (b) If fſt) is written in the form a·b', do you predict the value of b to be greater than 1 or less than 1? b is greater than 1 O b is less than 1 (c) Complete the boxes below to write a formula which gives N as a function of t, where t is in years. Do not round any values. Since your formula gives N in millions of people, check that it passes through the initial value x = 0, N= 7.2, as opposed to passing through x = 0, y=7,200,000. N= Number Number (d) How many millions of cruise passengers are predicted 13 years after the start of the decade? O 17.35 39.55 14.2 2.8 16.22
At the beginning of the last decade, a total of 7.2 million passengers took a cruise vacation. The global cruising industry has been growing at approximately 7% per year. Assume that this growth rate continues. Suppose N= f(t) gives the number of passengers, in millions, that take a cruise vacation at year t. Answer parts (a), (b), (c), and (d) of the question. Click VERIFY to move to the next part. (a) Report the following. Use the pull-down menu to indicate the units. f0) = Number Click for List (b) If fſt) is written in the form a·b', do you predict the value of b to be greater than 1 or less than 1? b is greater than 1 O b is less than 1 (c) Complete the boxes below to write a formula which gives N as a function of t, where t is in years. Do not round any values. Since your formula gives N in millions of people, check that it passes through the initial value x = 0, N= 7.2, as opposed to passing through x = 0, y=7,200,000. N= Number Number (d) How many millions of cruise passengers are predicted 13 years after the start of the decade? O 17.35 39.55 14.2 2.8 16.22
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 442RE: Jerome invests $18,000 at age 17. He hopes the investments will be worth $30,000 when he turns 26....
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