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Pepsi [2]
4 years ago
13

In 1950, the per capita gross domestic product (GDP) of Australia was approximately $1800. Each year afterwards, the per capita

GDP increased by approximately 6.7%. Write a function that gives the approximate per capita GDP of Australia t years after 1950.
Mathematics
2 answers:
Charra [1.4K]4 years ago
8 0
The function would be: G(t) = 1800(1.067)^t

This is an exponential equation. There are in the form: y = ab^x

The a value represents the starting amount of 1800.

The b value represents the increasing rate of 1.067 (adding on 6.7%).
nevsk [136]4 years ago
8 0

Answer: 1800•1.067^t

Step-by-step explanation:

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