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The percentage of executives in a certain industry receiving cash signing bonuses is increasing. The percentage is given by the function B(t) = 4.899(1.321) t

  • The percentage of executives in a certain industry receiving cash signing bonuses is increasing. The percentage is given by the function B(t) = 4.899(1.321)t, where t is the number of years since 1996. Find the percentage of executives receiving signing bonuses in 2002 and in 2003.

In 2002, ________________% of executives received signing bonuses. (round to the nearest tenth.)

In 2003, ________________% of executives received signing bonuses. (round to the nearest tenth.)

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