Algebra 2 question in description

Question

suppose that the wealth of a business owner is increasing exponentially. In 1993, he had $20 million in 2001, he had $22.5 million. For the domain of 1993 to 2010, what is a reasonable range for this solution

Answer 1

In the first 8 years the amount grow 1.125.

The same growth is reasonable for the next 9 years.

 

22.5(1.125) = 25.3125

 

A reasonable return in 2010 would 25.3125 million.