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Between 1995 and 2001, the Revenue of Sears Roebuck and Co

Question 8

Multiple Choice

Between 1995 and 2001, the revenue of Sears Roebuck and Co. can be modeled as 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 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

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