Question the-fu
The function gives a company’s predicted annual revenue, in dollars, years after the company started selling light bulbs online, where . What is the best interpretation of the statement “ is approximately equal to ” in this context?
When the company’s predicted annual revenue is approximately dollars, it is greater than the predicted annual revenue for the previous year.
years after the company started selling light bulbs online, its predicted annual revenue will have increased by a total of approximately dollars.
When the company’s predicted annual revenue is approximately dollars, it is times the predicted annual revenue for the previous year.
years after the company started selling light bulbs online, its predicted annual revenue is approximately dollars.
The function f ( x ) = 200,000 1.21 x gives a company’s predicted annual revenue,
Medium-difficulty · SAT Math · Nonlinear Functions — Exponential growth and decay functions. Read the question above, select your answer, and check the full explanation below to understand exactly why the correct choice works.
Answer explanation
Choice A is correct. It's given that the function gives a company's predicted annual revenue, in dollars, years after the company started selling light bulbs online. It follows that represents the company's predicted annual revenue, in dollars, years after the company started selling light bulbs online. Since the value of is the value of when , it follows that " is approximately equal to " means that is approximately equal to when . Therefore, the best interpretation of the statement " is approximately equal to " in this context is years after the company started selling light bulbs online, its predicted annual revenue is approximately dollars.
Choice B is incorrect and may result from conceptual errors.
Choice C is incorrect and may result from conceptual errors.
Choice D is incorrect and may result from conceptual errors.
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