The number of Internet users in Mexico between 2004 and 2008 can be modeled as u(t) 8.02(1.17) million users where t is the number of years since 2004.t (a) On average, what was the rate of change in the number of Internet users in Mexico between 2004 and 2007? (Round your answer to three decimal places.) million users per year (b) What was the percentage change in the number of Internet users in Mexico between 2004 and 2007? (Round your answer to three decimal places.) (c) The population of Mexico in 2008 was 109,955,400. What percentage of the Mexican population used the Internet in 2008? (Round your answer to three decimal places.)

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter10: Measuring Exposure To Exchange Rate Fluctuations
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The number of Internet users in Mexico between 2004 and 2008 can be modeled as
u(t) 8.02(1.17) million users
where t is the number of years since 2004.t
(a) On average, what was the rate of change in the number of Internet users in Mexico between 2004 and 2007? (Round your answer to three decimal places.)
million users per year
(b) What was the percentage change in the number of Internet users in Mexico between 2004 and 2007? (Round your answer to three decimal places.)
(c) The population of Mexico in 2008 was 109,955,400. What percentage of the Mexican population used the Internet in 2008? (Round your answer to three decimal places.)
Transcribed Image Text:The number of Internet users in Mexico between 2004 and 2008 can be modeled as u(t) 8.02(1.17) million users where t is the number of years since 2004.t (a) On average, what was the rate of change in the number of Internet users in Mexico between 2004 and 2007? (Round your answer to three decimal places.) million users per year (b) What was the percentage change in the number of Internet users in Mexico between 2004 and 2007? (Round your answer to three decimal places.) (c) The population of Mexico in 2008 was 109,955,400. What percentage of the Mexican population used the Internet in 2008? (Round your answer to three decimal places.)
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