Choose the One Alternative That Best Completes the Statement or Answers

question 49

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-A population is increasing according to the exponential function defined by y $$y = 3 e ^ { \cdot 04 x }$$ , where y is in millions and x is the number of years. Which of the following should be done in order to answer
The question "When will the population reach 4 million?"

• A) Evaluate \(y = 3 \mathrm { e } ^ { \cdot 04 ( 1 / 4 ) }\).
• B) Solve \(3 \mathrm { e } ^ { .04 \mathrm { x } } = 12\)
• C) Evaluate \(\mathrm { y } = 3 \mathrm { e } ^ { .04 ( 4 ) }\)
• D) Solve \(3 \mathrm { e } ^ { \cdot 04 \mathrm { x }} = 4\)

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Definitions:

Goodwill

An intangible asset that represents the value of a company's brand, customer relationships, and reputation beyond its tangible assets and liabilities.

Expected Growth Rate

Expected growth rate is the projected percentage increase in the value of an investment, company revenue, or economy over a specific time period.

Future Earnings

The expected financial profits or income of an entity or individual for future periods.

Family-owned Businesses

Enterprises that are managed, operated, and primarily owned by one or more family members.