The coronavirus will define 2020 for a generation. The first reported cases of the coronavirus came out of Wuhan, China in early January. In the early days of the pandemic, the number of infected individuals was doubling every 3 days. Had the virus been allowed to grow unchecked, how many infected individuals would there have been after just 36 days, assuming we start with 10 infected individuals? Multiple Choice 45,630 40,960 50,895 55,635 The Most Important Video You Will Ever See is a fascinating look at exponential functions, the most common (in finance) of which is FV = PV (1+R]t. Professor Bartlett gives many striking examples of how a failure to understand the exponential function can lead to bizarre outcomes. In one very important example, he talks about the value of some sing growing steadily for a period of 70 years. Assume that you work for a company whose sales projections assumes that sales will grow steadily at 5% for 70 years. If current annual sales are currently $1000,000 what will sales be after 70 years? (Compute the exact value, not the approximation that you would get using the method shown in the video). Multiple Choice $30,426,426 $25,654,963 $42,674,951 $47634,496