Equation of exponential growth:
Here Y is the final amount.
\a is the initial amount.
\r is the rate of change expressed as a decimal, r > 0.
\t is time.
\a. Write an equation for the number of memberships sold at Work-Out Gym t years after 2001.
\ (Substitute
)
(Add:
)
b. If this trend continues, predict how many membership the gym will sell in 2020.
\ (Substitute
)
(Use exponent calculator:
)
(Multiply:
)
a. Write an equation for the number of memberships sold at Work-Out Gym t years after 2001 is .
b. If this trend continues, predict how many membership the gym will sell in 2020 is .