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 - 4.3 Graphs of Exponential Functions - Exercises and Problems for Section 4.3 - Exercises and Problems - Page 163: 40

Answer

a) $1000$ people in year $0$ and $1480.244$ people in year $10$ . b) See the plots c) About $23.36$ years after $t=0$, the population will be $2500$.

Work Step by Step

(a) $f(0)=1000(1.04)^0=1000$, this means there are 1000 people in year 0 . $f(10)=1000(1.04)^{10} \approx 1480.244$, this means there are $1480.244$ people in year $10$. (b) For the first $10$ years, use $0 \leq t \leq 10,0 \leq P \leq 1500$. See the first figure . For the first 50 years, use $0 \leq t \leq 50$, $0 \leq P \leq 8000$. See the second figure. (c) The graph of $P(t)$ and $P=2500$ intersect at $t \approx 23.36$. Thus, about $23.36$ years after $t=0$, the population will be $2500$.
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