2. What equation does the model below represent? - -
2 answers:
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Answer:
1222 billion dollars.
Step-by-step explanation:
To find the total increase from 1960 to 2010, we need to find the growth of each decade and sum them all:
In the period 1960-1970, we have x = 1, and the growth is:
In the period 1970-1980, we have x = 2, and the growth is:
The growth in the following 3 periods are:
So the total growth in the period 1960 - 2010 is:
Rounding to the nearest billion dollars, we have a total of 1222 billion dollars.