Precalculus (6th Edition) Blitzer

Published by Pearson
ISBN 10: 0-13446-914-3
ISBN 13: 978-0-13446-914-0

Chapter 3 - Section 3.5 - Exponential Growth and Decay; Modeling Data - Exercise Set - Page 505: 7

Answer

a. growth model is $ A= 6.04e^{0.01\cdot t}$ b. in $2040$

Work Step by Step

Exponential growth model $: \quad A= A_{0}e^{kt}$. If $ k \gt 0$, the function models the amount of a growing entity. $ A_{0}$ is the original amount, or size, of the growing entity at time t = 0, $ A $ is the amount at time $ t $, and $ k $ is a constant representing the growth rate. --- $ a.$ Here, we take $ t=0$ in the year 2000. We are given $ A_{0}=6.04$ (million). 50 years later, when $ t=50$, we expect $ A=10.0$ (million) We solve for k in $ 10.0=6.04e^{k\cdot 50}\qquad $... /$\div 6.04$ $ 1.6656=e^{k\cdot 50}\qquad $... $/\ln(...)$ $ 0.50418=50k\qquad $... /$\div 50$ $ k\approx 0.01$ So, our growth model is $ A= 6.04e^{0.01\cdot t}$ $ b.$ Solve for t when $ A=9.0$ $ 9.0=6.04e^{0.01\cdot t}\qquad $... /$\div 6.04$ $ 1.49\approx e^{0.01t}\qquad $... $/\ln(...)$ $ 0.3988\approx 0.01t\qquad $... $/\times 100$ $ t\approx 39.88\approx 40$ It will take about 40 years (after 2000), so the answer is in $2040$.
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