in 1995 there were 285 cell phone owners in the town of Waverly the number of cell phone owners increased 45% per year after that calculate the number of cell phone users there were in 2025



Answer :

Answer:

approximately 19,764,459 cell phone owners in 2025

Step-by-step explanation:

We can solve this problem using the exponential growth formula:

A = P(r)^t

Where:

a = final amount

p = principal amount

r = rate

t = time

In this case, our values are:

a = ?

p = 285

r = 1.45

t = 30

Substitute the values in and solve for A.

A = P(r)^t

A = 285(1.45)^30

A = 19764458.81

round to nearest whole number since you can't have .81 of a person

19764458.81 ---> 19,764,459 cell phone owners