Question

The yearly attendance at a local movie theatre is 56,000 and grows continuously at a rate of 4.2% each year. What is the approximate attendance at the movie theatre in nine years?

A: 57,789
B: 77,789
C: 81,096
D: 81,724

Answer 1

56000 (1 + .042)^9

Answer 2

56000 (1 + .042)^9 =81.724

Answer 3

oooo nevermind

Answer 4

1) C. 25
2) B. a_n=a_n-1+(n-1)^2
3) B. %35,568.95
4) D. $7,403.66
5) D. 81,724
6) A. 22,149
100% correct Growth and Decay AQR