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10 December, 04:20

3. Elizabeth opened a library with 19,000 books in the year 1998. The number of books increases at a rate of 6.49% each year. Use a graph to predict the number of books in 2020.

A) ≈ 71,160

B) ≈ 75,779

C) ≈ 80,697

D) ≈ 66,824

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  1. 10 December, 05:20
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    The number of books increases at a rate of 6.49% each year so it's a growth function which is

    V (t) = V0 (1+r) ^t

    V (t) number of books in 2020?

    V0 books in the year 1998 19000

    R rate of growth 0.0649

    T time 2,020-1,998=22 years

    V (22) = 19,000 * (1+0.0649) ^ (22)

    V (22) = 75,778.81 Round your answer to get 75779
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