assuming compount interest format
[tex]A=P(r+1)^t[/tex] for compounded per 1 year
A=future amount
P=present amount
r=rate in decimal
t=time in years
given
P=270
r=5%=0.05
the equaton is
[tex]A=270(0.05+1)^t[/tex] or
[tex]A=270(1.05)^t[/tex]
for any year, 2009, is year 0, so if you wanted to input the year then
[tex]A=270(1.05)^{t-2009}[/tex] would be for t=what year it was
A. [tex]f(x)=270(1.05)^t[/tex]
b. 2009 to 2020
2020-2009=11 years
t=11
[tex]f(11)=270(1.05)^{11}[/tex]
f(11)=461.792
about 462 cranes
A. [tex]f(x)=270(1.05)^t[/tex]
B. about 462