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On the total amount of money spent by a school district for 1980 through 2000, the percent, p, spent on athletics can be modeled by this equation;

P=2.49(1.07)^t

Where t stands for time, and t=0 in 1980.

Use the formula to calculate how much the district spent in 1999. Round your answer to the nearest thousandth.

Respuesta :

TheHero
t = 0 is 1980

so t = 1999 - 1980 = 19

P = 2.49(1.07)^19 = 9.005

Answer:

the correct answer to this is 10.633

Step-by-step explanation:

since t=0 in 1980, t=19 in 1999

substitute 19 for t then evaluate

p=2.94(1.07)^t

=2.94(1.07)^19

=2.94(3.6165)

=10.633

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