Respuesta :
Answer:
The predicted number of customers for APP in 2022 is of 1.37 million, and of BPP is of 2.59 million.
Step-by-step explanation:
Exponential function:
An exponential function has the following format:
[tex]y(t) = y(0)r^t[/tex]
In which [tex]y(0)[/tex] is the initial value and r is the rate of change.
11% of a city's population switches from phone service provider APP to phone service provider BPP each year, and about 5% of the populaton switches from BPP to APP each year.
This means that each year, the BPP amount increases by 11 - 5 = 6%, and the APP decreases by 6%. So the equations are:
BPP:
[tex]B(t) = B(0)(1 + 0.06)^t[/tex]
[tex]B(t) = B(0)(1.06)^t[/tex]
APP:
[tex]A(t) = A(0)(1 - 0.06)^t[/tex]
[tex]A(t) = A(0)(0.94)^t[/tex]
In 2018, there were 1.75 million customers of APP and 2.05 million customers of BPP.
This means that [tex]A(0) = 1.75, B(0) = 2.05[/tex]
Thus
[tex]B(t) = 2.05(1.06)^t[/tex]
[tex]A(t) = 1.75(0.94)^t[/tex]
Find the predicted number of customers for each provider in 2022.
2022 - 2018 = 4, so we have to find A(4) and B(4).
[tex]B(4) = 2.05(1.06)^4 = 2.59[/tex]
[tex]A(4) = 1.75(0.94)^4 = 1.37[/tex]
The predicted number of customers for APP in 2022 is of 1.37 million, and of BPP is of 2.59 million.
