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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:
 Year  Profits 1996$250,0001997$300,0001998$400,0001999$600,000\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 2002.2002 .
 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:

Property Rights

Legal rights to possess, use, and dispose of assets including real property (land and buildings) and intellectual property.

Public Policy

Government actions, laws, and regulations that reflect the attitudes and rules for the public implemented by different levels of government.

Environmental Concerns

Issues related to the protection of the natural environment due to impacts from human activity, often requiring policy and individual actions to address.

Pollution

The presence or introduction into the environment of a substance or thing that has harmful or poisonous effects.

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