There were 417 cell phones sold at an electronics store in January. Since then, cell phone sales at this store have increased at a rate of 3.75% per month. At this rate of growth, which function can be used to determine the monthly cell phone sales m months ater January? A pm)-4170.0375 C pm)4170.962s D pm)- 417(0.0375

College Algebra
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ISBN:9781337282291
Author:Ron Larson
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Chapter5: Exponential And Logarithmic Functions
Section: Chapter Questions
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There were 417 cell phones sold at an electronics store in January. Since then, cell phone
sales at this store have increased at a rate of 3.75% per month. At this rate of growth, which
function can be used to determine the monthly cell phone sales m months after January?
A p(m) = 417(0.0375y"
B p(m) - 417(1.0375y
C pim) = 417(0.9625/m
D p(m) - 417(0.037sym+
Answer the question.
A
B)
D)
D
Transcribed Image Text:There were 417 cell phones sold at an electronics store in January. Since then, cell phone sales at this store have increased at a rate of 3.75% per month. At this rate of growth, which function can be used to determine the monthly cell phone sales m months after January? A p(m) = 417(0.0375y" B p(m) - 417(1.0375y C pim) = 417(0.9625/m D p(m) - 417(0.037sym+ Answer the question. A B) D) D
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