Answer:
Part 1. 0.9259 % per year
Part 2. P = 281.4e^(0.009 259t); 338.6 million
Step-by-step explanation:
Data:
P₀ = 281.4 million
P = 308.7 million
Part 1. Growth rate
t = 2010 - 2000 = 10 yr
P = P₀e^(rt)
308.7 = 281.4e^(10r)
e^(10r) = 1.0970
10r = ln1.0970
r = (ln1.0970)/10 = (0.092 59)/10 = 0.009 259
r = 0.9259 % per year
The 10-year continuous growth rate is 0.9259 % per year.
Part 2. Population model
The population model is
P = 281.4e^(0.009 259t)
where P is in millions and t is the number of years since 2000.
By 2020,
P = 281.4e^(0.009 259 × 20) = 281.4e^0.1852 = 281.4 × 1.203
P = 338.6 million
The estimated population in 2020 is 338.6 million.
To solve this, we simply need to break down the words and turn each part into an equation.
"Three times"
This shows that we will be multiplying 3 and something.
3*
"a number"
This shows that the number we will be multiplying 3 by is "n," which represents a number.
3*n or 3n
"plus 16"
This shows we will be adding 16 to the rest of the equation.
3n+16
Using the logic above, we can see that the equation to represent this is 3n+16.
Answer:
Factoring is a useful skill in real life. Common applications include: dividing something into equal pieces, exchanging money, comparing prices, understanding time, and making calculations during travel.
Sorry if this is a little wordy, I can get carried away with this sort of thing
anyway, hope this helped and answered your question :)
Answer:
her balance will be $7,560 after 9 years i believe.
Step-by-step explanation:
