Solve the Problem The Accountant Then Fit Both a Linear Graph and an Four

question 9

Multiple Choice

Solve the problem.
-An accountant tabulated a firm's profits for four recent years in the following table:
$\begin{array} { l | l } \text { Year } & \text { Profits } \\\hline 1996 & \$ 250,000 \\1997 & \$ 300,000 \\1998 & \$ 400,000 \\1999 & \$ 600,000\end{array}$

The accountant then fit both a linear graph and an exponential curve (seen below) to the data, in order to estimat profits. Use the exponential graph to estimate the profits in the year $2002 .$

• A) About \(\$ 1,000,000\)
• B) About \(\$ 1,700,000\)
• C) About \(\$ 1,300,000\)
• D) About \(\$ 750,000\)

---

Definitions:

Public Sector Entities

Organizations that are part of the government sector, including departments, agencies, and various publicly funded operations.

Efficient

Characterized by achieving maximum productivity with minimum wasted effort or expense; operating in an effective way.

Statement Of Change

A financial document showing how a particular financial position has changed over a specific period.

Net Debt

The amount obtained by subtracting a company's total liabilities from its liquid assets.