year Income ($) m P 1994 6036 85.1 20.4 1995 6113 87.8 20.2 1996 6271 88.9 21.3 1997 6378 94.5 19.9 1998 6727 99.9 18 1999 7027 99.5 19.9 2000 7280 104.2 22.2 2001 7513 106.5 22.3 2002 7728 109.7 23.4 2003 7891 110.8 26.2 2004 8134 113.7 27.1 2005 8322 113 29 2006 8562 116 33.5 2007 9042 108.7 42.8 2008 8867 115.4 35.6 2009 8944 118.9 32.2 2010 9175 127.4 33.7 2011 9381 123.5 34.4 2012 9735 117.9 48.5 2013 9829 105.4 66.1 2014 9722 103.2 62.4 2015 9769 104.2 58.6 2016 9725 103.7 56.7 2017 9930 105.7 55.5 2018 10419 105.5 57.3 2019 10625 106.5 53.7 2020 10905 107.3 52.6 Make a forecast of Mr. X's Income for the next five years Make forecast of income for the given values of B-110 and P=55
year Income ($) m P 1994 6036 85.1 20.4 1995 6113 87.8 20.2 1996 6271 88.9 21.3 1997 6378 94.5 19.9 1998 6727 99.9 18 1999 7027 99.5 19.9 2000 7280 104.2 22.2 2001 7513 106.5 22.3 2002 7728 109.7 23.4 2003 7891 110.8 26.2 2004 8134 113.7 27.1 2005 8322 113 29 2006 8562 116 33.5 2007 9042 108.7 42.8 2008 8867 115.4 35.6 2009 8944 118.9 32.2 2010 9175 127.4 33.7 2011 9381 123.5 34.4 2012 9735 117.9 48.5 2013 9829 105.4 66.1 2014 9722 103.2 62.4 2015 9769 104.2 58.6 2016 9725 103.7 56.7 2017 9930 105.7 55.5 2018 10419 105.5 57.3 2019 10625 106.5 53.7 2020 10905 107.3 52.6 Make a forecast of Mr. X's Income for the next five years Make forecast of income for the given values of B-110 and P=55
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.2: Exponential Functions
Problem 72E
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