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Subscriptions to a popular newspaper have gone down by a consistent percentage each year and can be modeled by the function y=42,000(0.96)t𝑦=42,000(0.96)𝑡. What does the value 42,00042,000 represent in the function?

Question

Subscriptions to a popular newspaper have gone down by a consistent percentage each year and can be modeled by the function y=42,000(0.96)t𝑦=42,000(0.96)𝑡. What does the value 42,00042,000 represent in the function?

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Solution

The value 42,000 in the function represents the initial number of subscriptions to the newspaper. This is the starting point, or the number of subscriptions at time t=0.

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