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Mathematics, 09.02.2021 02:10 paige3673
A cable company uses the formula S = 20,000 (1 + 0.08)y to estimate the number
of subscribers, S, that use their service after y years. If there were 20,000 cable
television subscribers when the cable company began, what is the meaning of the
expression (1 + 0.08)Y?
A. Every year the number of subscribers is estimated to increase by 8 over the number
of subscribers the year before.
B. Every year the number of subscribers is estimated to increase by 8% of the original
20,000 subscribers
C. Every year the number of subscribers is estimated to increase by 8% over the
number of subscribers the year before.
D. Every year the number of subscribers is estimated to increase by 80% of the
original 20,000 subscribers.
I
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A cable company uses the formula S = 20,000 (1 + 0.08)y to estimate the number
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