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Math·Advanced Math·Nonlinear functions
easyThe equation E(t)=5(1.7)t gives the estimated number of employees at a certain business, where t is the number of years since the business opened. Which of the following is the best interpretation of the number 5 in this context?
A
The estimated number of employees when the business opened.
B
The increase in the estimated number of employees each year.
C
The number of years the business has been open.
D
The percent increase in the estimated number of employees each year.