Multiple Choice
Between 1995 and 2001, the revenue of Sears Roebuck and Co. can be modeled as billion dollars per year, where t is the number of years after 1995. Assume that the revenue can be reinvested at 5.0% compounded annually. How much is Sears' revenue invested since 1995 worth in 2003? Round your answer to the nearest $10 billion.
A) $270 billion
B) $330 billion
C) $880 billion
D) $130 billion
E) $400 billion
Correct Answer:

Verified
Correct Answer:
Verified
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