Choose the One Alternative That Best Completes the Statement or Answers

question 314

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-In 1990, the population of a country was estimated at 4 million. For any subsequent year the population, $\mathrm { P } ( \mathrm { t } )$ (in millions) , can be modeled by the equation $\mathrm { P } ( \mathrm { t } ) = \frac { 240 } { 5 + 54.99 \mathrm { e } ^ { - 0.0208 \mathrm { t } } }$ , where $t$ is the number of years since 1990 .
Estimate the year when the population will be 21 million.

• A) approximately the year 2088
• B) approximately the year 2016
• C) approximately the year 2093
• D) approximately the year 2041

---

Definitions:

Net Income

What a business financially gains in the end, after subtracting expenses and taxes from its initial revenue.

Capital Balances

Capital balances refer to the amount of money that the owners or partners have invested in a business, not including any profits or losses that the business may earn or incur.

Net Income

The amount of money that remains from revenues after all expenses, taxes, and costs have been subtracted.

Devotes Full Time

A commitment by an individual or employee to allocate all of their working hours to a specific job or task.