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Question
a factory produces 1,250,000 toys each year. the number of toys is expected to increase by about 150% per year. which model can be used to find the number of toys, \\(n\\) (in millions), being produced in \\(t\\) years?
\\(n = \frac{2.5(1.5)}{t}, t \
eq 0\\)
\\(n = 1.5t^2 + 1.25\\)
\\(n = 1.5t + 1.25\\)
\\(n = 1.25 \cdot 2.5^t\\)
Identify the initial value in millions
$$
a = \frac{1,250,000}{1,000,000} = 1.25
$$
Determine the growth factor
$$
b = 1 + r = 1 + 1.50 = 2.5
$$
Formulate the exponential model
$$
n = a \cdot b^t = 1.25 \cdot 2.5^t
$$
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- (A) \(n = \frac{2.5(1.5)}{t}, t
eq 0\)
- (B) \(n = 1.5t^2 + 1.25\)
- (C) \(n = 1.5t + 1.25\)
- (D) \(n = 1.25 \cdot 2.5^t\) (Correct answer)