Susan borrowed $2,000 at a simple interest rate of 3%. She paid the money back over 1.5 years. What was the total amount of mone
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Answer:
Step-by-step explanation:
The above question is in the form of an exponential decay. The equation for an exponential decay is given by:
where y and x are variables, b < 1, a is the initial value of y (that is the value of y when x = 0).
Let y represent the number of trees left and x represent the number of months. Given that there is currently 2.5 billion trees, therefore a = 2.5 * 10⁹, b = 0.5% = 0.005. The equations becomes: