College

Write the function and then evaluate the function I y and alexya In 1982, the number of Starbucks was 5. It has exponentially grown by 21% yearly. How many Starbucks are there predicted to be in 2020?

Answer :

Final answer:

Using an exponential growth function, we can predict that there will be approximately 8560.5 Starbucks in 2020, based on the given information.

Explanation:

To predict the number of Starbucks in 2020, we can use an exponential growth function. Let's define the function as y = 5 * (1 + 0.21)^t, where t represents the number of years since 1982. To evaluate the function for 2020, we substitute t = 2020 - 1982 = 38 into the function: y = 5 * (1 + 0.21)^38. Using a calculator, we can find that y is approximately equal to 8560.5.

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