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In the year 2003, a total of 6.9 million passengers took a cruise vacation. the number of cruise passengers has been growing by 7% each year since 2003. assume that this growth rate continues. complete the formula that computes n n, the number of cruise passengers (in millions) t t years after 2003.

Respuesta :

W0lf93
The equation that gives the number of passengers in millions, n, in t years after 2003 is given by: n = 6.9 * (1 + 0.07)^t  
The exponential term allows for the recursive application of the 7% growth each additional year.

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