Problem

Business Data from the National Football League (NFL) shows that the average yearly salary...

Business Data from the National Football League (NFL) shows that the average yearly salary (in thousands) for a player can be approximated by the equation

where x = 0 corresponds to the year 2000. Assume the trend continues indefinitely.

(a) What is the average salary for a player in 2011 ?


(b) In what year will the average salary be $2.8 million?

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