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[Solved]: Annual online payments using a certain service fr
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(Solved): Annual online payments using a certain service from 2014-2020 could be modeled by F(t)=290(1.27)^(t ...


Annual online payments using a certain service from

2014-2020

could be modeled by

F(t)=290(1.27)^(t) billion dollars (0<=t<=6)

(

t=0

represents 2014). What were the average annual payments (in billions of dollars) over the period shown? (Round your answer to the nearest billion dollars.) [HINT: See Example 1.]

$


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