A Population Is Increasing According to the Exponential Function Defined $y = 3 e ^ { .04 x }$

question 64

Multiple Choice

A population is increasing according to the exponential function defined by $y = 3 e ^ { .04 x }$ , 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 "How large will the population be in 3 months?"

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

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Grasp the concept and impact of integrated marketing communications.

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Definitions:

Rate Of Return

The increase or decrease in value of an investment over a certain period, shown as a percent of the investment's original cost.

Compounded Annually

The process where the interest earned on an investment is reinvested, and future interest payments are calculated on the principal plus previously earned interest.

Ending Balance

The total amount remaining in an account at the conclusion of a reporting period or after a specific transaction has been completed.

Compounded Annually

Refers to the process where the interest earned on an investment is added to the principal sum at the end of each year, then interest for the next period is calculated on the new principal.