Functions Modeling Change: A Preparation for Calculus, 5th Edition

Published by Wiley
ISBN 10: 1118583191
ISBN 13: 978-1-11858-319-7

Chapter 4 - Exponential Functions - 4.2 Comparing Exponential and Linear Functions - Exercises and Problems for Section 4.2 - Exercises and Problems - Page 156: 42

Answer

A) $P= 3500-180t$ B) $P=3500(0.930)^t$ The percent rate is $7\% $ per year.

Work Step by Step

A) Let $P(t)= b+mt$ represent the population of fish at time $t$. The vertical intercept of the function is $b = 3500$. We find the slope from: $$ m=\frac{\Delta P}{\Delta t}=\frac{1700-3500}{10-0}=-180 . $$ The required formula is $$ P= 3500-180t $$ B)The vertical intercept of the function is $b = 3500$ and so $P(t)= 3500(b)^t$. Use the point (10,1700) to find the value of $b$. $$ \begin{aligned} 3500(b)^{16}& =1700 \\ b^{10} & =\frac{1700}{3500}\\ b & =\left(\frac{1700}{3500}\right)^{1 / 10}=0.930 \end{aligned} $$ The required formula is $$ P=3500(0.930)^t $$ The percent rate is $r=1-0.93= 0.07=7\% $. C) See the figure below.
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