3) A website heis 300,000 members. the number of Members (y) increases by \( 11 \% \) each year. select all that apply d(A. this situation can Be modeled by the equation \( 1=300,000(1.11)^{+} \) B. B. 0 this situation can be modeled by the equation \( 300,000(0,11)^{+} \) Y=300,000 (0.11) Y. It this sitation cain be modered by the equation \( Y=0.11(300,000)^{t} \) D. Ithere will Be approximately 33,000 members after 4 years Be a E. a thene w after 4 years F. I there will be approximately 455000 members after 4 years
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To model the situation accurately, we need to apply the principles of exponential growth. The correct equation for the membership growth is \( Y=300,000(1.11)^{t} \). This represents that the initial membership (300,000) gets multiplied by \( 1.11 \) raised to the power of the number of years, \( t \), showing an 11% annual increase. After four years, using our equation \( Y=300,000(1.11)^{4} \), we find that there will be approximately 455,000 members. This calculation reflects the power of compounding: growth builds on itself, leading to more members each subsequent year!