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Home > PC3 > Chapter 9 > Lesson 9.1.3 > Problem 9-59

9-59.

Derek has been raising steers for 5 years. Each year he contributes the money that he makes from the sale of his steer to his college fund. This year he was able to sell his pound steer for /lb. Each year the price per pound has increased by . What should he expect to sell his steer for in his year? Homework Help ✎

This is exponential growth. If the increase is per year, what is the multiplier?

How many more years is it until Derek's year?