Question: The NFL has a salary cap, which represents the most money that a team is allowed to spend on players. When it was first introduced


The NFL has a salary cap, which represents the most money that a team is allowed to spend on players. When it was first introduced in 1994, the salary cap was $34 million. Since, it has grown exponentially. Using A(t) = Pert time t = o to represent 1994 and r = .068, determine the year in which the salary cap will exceed $300 million. Enter only the numerical year below
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