I tried every way/formula I know and I cant seem to get the answer to this

Question

Over a period of one year, the number of people subscribing to direct broadcasting satellite systems increased 80%. If the number of subscribers at the beginning of the year was 2.5 million, how many subscribers were there at the end of the year? (Round your answer to three decimal places.)

Answer 1

n(t) = number of subscribers as a function of time

 

This is an exponential growth situation.

 

n(t) = n₀ (1.80)^t

 

n₀ = 2,500,000

 

n(t) = 2,500,000 (1.80)^t

 

After 1 year,

 

n(1) = 2,500,000 (1.80)¹ = ?

 

Evaluate n(1).