Create the Required Linear Function an Use It to Answer $P = 0.9 t - 17$

question 46

Multiple Choice

Create the required linear function an use it to answer the question.
-In 1995 the United States recovered 26% of its municipal solid wastes through recycling, up from 17% in 1990. Let P represent the percentage recycled and t the number of years since 1990. Based on
These two data points, create a linear equation for the function that describes how P varies as a Function of time.

• A) \(P = 0.9 t - 17\)
• B) \(P = 1.8 t + 17\)
• C) \(P = - 1.8 t + 7\)
• D) \(P = 1.8 t + 24\)

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Definitions:

Amortization of Bond Premium

The process of gradually writing off the premium paid over the par value of a bond over its life.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenues.

FASB

The Financial Accounting Standards Board, an independent organization responsible for establishing and improving financial accounting and reporting standards in the United States.

Simultaneous Financing

The process of arranging for multiple sources of finance at the same time, often for complex deals or projects.