Starting in the year 2000, the number of speeding tickets issued each year in Middletown is predicted to grow according to an exponential growth model. During the year 2000, Middletown issued 200 speeding tickets
Every year thereafter, the number of speeding tickets issued is predicted to grow by 10%.For each speeding ticket issued, Middletown charges $50. Approximately how much money did Middletown earn from speeding tickets during the time period 2000-2025?
A. $541,750
B. $21,850
C. $300
D. $1,091,800
E. $108,350
Answer: D
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