The Number of Homes with Digital TVs Is Expected to Grow

question 56

Essay

The number of homes with digital TVs is expected to grow according to the function where t is measured in years, with t = 0 corresponding to the beginning of 2000, and f(t) is measured in millions of homes.
Round your answers to the nearest whole number.
How many homes had digital TVs at the beginning of 2000?
__________
How many homes will have digital TVs at the beginning of 2005?
__________

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Definitions:

Consumer Price

The price that end-users or consumers pay for goods or services, including taxes and distribution expenses.

More Elastic

Refers to a situation where the quantity demanded or supplied of a good or service is more sensitive to changes in price.

Municipal Swimming Pool

A public swimming facility maintained by a local government for the use of its residents.

Entrance Fees

Entrance fees are charges that individuals must pay to gain access to a facility, event, or organization.