650 * 3456 = 2,246,400 is the answer.
2000/200 is 100!! so it will be 100
3449995000 is what I got, I did 3.45x10^9 and then used that number and subtracted the answer from 0.5x10^4 to get the final answer, if that makes any sense.
The point is to find the growth rate. The compound formula is:
P=A(1+ growth rate)ⁿ, where A is the initial Value & P the new value after n years:
P₂₀₀₃ =P₂₀₀₂ (1+ growth rate)¹ (the period "n" from 2002 to 2003 being 1 year)
38400 = 32000(1+growth rate)¹
38400 / 32000 - 1= growth rate & growth rate = 1/5 = 0.2
You will balso find the same growth rate for:
P₂₀₀₄ = P₂₀₀₃(1+ growth rate)¹
P₂₀₀₅ = P₂₀₀₄((1+ growth rate)¹
between 2015 & 2002 THERE ARE 14 YEARS:
P₂₀₁₅ = P₂₀₀₂(1+0.2)¹⁴ & P₂₀₁₅ = 32000(1+02)¹⁴ = 410,854
The slope form: y = mx + b
We have:
3x - 6y - 2 = 0 |add 6y to both sides
3x - 2 = 6y |divide both sides by 6
3x/6 - 2/6 = 6y/6
x/2 - 1/3 = y
y = 1/2 x - 1/3
