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The number of cell phone accounts in a certain country has increased exponentially for the last decade. The number of cell phone accounts​ (in millions) in this country can be approximated by the following function. Estimate the number of cell phone accounts in 2003.
f(x)= 114.8e.125x (0
What was the approximate number of cell phone accounts in 2003?

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Answer:

See Below

Step-by-step explanation:

The equation estimating the number of cellphones in the country is:

[tex]f(x)=114.8 e^{0.125x}[/tex]

Where x = 0 corresponds to year 2000

thus,

x = 1 is year 2001

x = 2 is year 2002

x = 3 is year 2003

and so on...

We want approx. number of cellphones in the country in 2003. This corresponds to x = 3. So substituting in the equation we get:

[tex]f(x)=114.8 e^{0.125x}\\f(3)=114.8 e^{0.125(3)}\\f(3)= 167.03[/tex]

So, approximately there were 167.03 million cellphones in the country in 2003

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