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Mathematics, 09.03.2021 19:20 villatoroo84502

A cable company uses the formula S = 20,000 (1 + 0.08)^y to estimate the number of subscribers, S, that use their service after y years. If there were 20,000 cable television subscribers when the cable company began, what is the meaning of the expression (1 + 0.008) ^y?

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