The number of online buyers in Western Europe grew steadily over the past decade. The function...

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The number of online buyers in Western Europe grew steadily over the past decade. The function P(t) = 28.1+14.89 In(t) (1 st≤7) gives the number of online buyers as a percent of the total population, where t is measured in years, with t= 1 corresponding to 2001. (a) What was the percentage of online buyers in 2001 (t = 1)? % How fast (in %/yr) was it changing in 2001? %/yr (b) What was the percentage of online buyers in 2007 (t = 7)? (Round your answer to one decimal place.) % How fast (in %/yr) was it changing in 2007? (Round your answer to two decimal places.). %/yr The number of online buyers in Western Europe grew steadily over the past decade. The function P(t) = 28.1+14.89 In(t) (1 st≤7) gives the number of online buyers as a percent of the total population, where t is measured in years, with t= 1 corresponding to 2001. (a) What was the percentage of online buyers in 2001 (t = 1)? % How fast (in %/yr) was it changing in 2001? %/yr (b) What was the percentage of online buyers in 2007 (t = 7)? (Round your answer to one decimal place.) % How fast (in %/yr) was it changing in 2007? (Round your answer to two decimal places.). %/yr

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Solo Given Pt 2811489 lnt apidt 1489t a The percentage of online t ... View the full answer