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Mathematics 20 Online
OpenStudy (anonymous):

Stuck with this.. Help me!!

OpenStudy (anonymous):

OpenStudy (anonymous):

is this correct: a^10=150000/120000

OpenStudy (anonymous):

@Mertsj can u help me with it?

OpenStudy (mertsj):

Is the formula \[A=A _{0}e ^{kt}\]

OpenStudy (anonymous):

yea right!

OpenStudy (mertsj):

First we have to find the constant.

OpenStudy (anonymous):

a^t=y2/y1?

OpenStudy (anonymous):

actually the formula we are using is \[N(t)=C _{0} a ^{t}\]

OpenStudy (mertsj):

\[150000=120000e ^{10k}\] \[1.25=e ^{10k}\] \[\ln 1.25=10k\] \[k=.022314355\]

OpenStudy (mertsj):

Is that what you got for k?

OpenStudy (mertsj):

What is C_0 and a in your formula?

OpenStudy (anonymous):

ur formula is right also, a is the growth factor and C0 is called the initial value..

OpenStudy (mertsj):

\[A=120000e ^{37(.022314355)}\] A=273999 in the year 2017 Is that what you got?

OpenStudy (anonymous):

just give me a sec..

OpenStudy (mertsj):

Then I get 1.022565182 for the growth factor.

OpenStudy (anonymous):

yea i got the same thing

OpenStudy (anonymous):

for part a

OpenStudy (anonymous):

for b.. is it like (0.022314355-1) x 100%

OpenStudy (mertsj):

\[A=120000(1.022565182)^1=122707.8219\] \[122708-120000=2708\] \[\frac{2708}{120000}=2.3 % yearly increase

OpenStudy (mertsj):

b is the growth factor.

OpenStudy (mertsj):

c is the percent annual increase.

OpenStudy (mertsj):

Are we on the same page?

OpenStudy (anonymous):

yea..

OpenStudy (anonymous):

for c is it (a-1) x 100%?

OpenStudy (mertsj):

\[2=1.022565182^{t}\] \[t=\frac{\ln 2}{\ln 1.022565182}=31 years\]

OpenStudy (mertsj):

Yes. It would be just what you said.

OpenStudy (anonymous):

okay

OpenStudy (mertsj):

If you round it would be 2.3 %, the same thing I got

OpenStudy (anonymous):

got it.. i am a little confused how u get the growth factor?

OpenStudy (mertsj):

\[1000000=120000(1.022565182)^t\] \[8.333=(1.022565182)^t\] \[t=\frac{\ln 8.3333}{\ln 1.022565182}=95\]

OpenStudy (mertsj):

95 years after 1980=2075

OpenStudy (mertsj):

\[150000=120000a ^{10}\] Solve that for a

OpenStudy (anonymous):

so its like a^10=1.25

OpenStudy (anonymous):

1.022...83 it got it now.. so part a and b are kinda same thing!!

OpenStudy (mertsj):

\[1.25=a ^{10}\] \[\ln 1.25=10\ln a\] \[\frac{\ln 1.25}{10}=\ln a\] \[.022314355=\ln a\] \[e ^{.022314355}=a=1.02256518\]

OpenStudy (mertsj):

You might say that.

OpenStudy (anonymous):

okay..

OpenStudy (anonymous):

well thanks for all ur help.. :)

OpenStudy (mertsj):

yw

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