If the national economy shrank at an annual rate of 6% per year for four consecutive years, then the economy shrank by 24% ov
1 answer:
You might be interested in
For this case we have an equation of the form:
Where,
A: initial amount
b: growth rate
t: time in years.
Substituting values we have:
By the time the population is triple we have:
Rewriting we have:
Clearing t we have:
Answer:
It will take for the population to triple about:
t = 73 years
Where,
A: initial amount
b: growth rate
t: time in years.
Substituting values we have:
By the time the population is triple we have:
Rewriting we have:
Clearing t we have:
Answer:
It will take for the population to triple about:
t = 73 years