I must be tired or stupid, but this problem did confuse me. Anyone kind enough to help?
A population in place A is 50,000 in January 1, 2010. Every year the population in place A increases by 7%.. The population in place B is 70,000 in January 1, 2010. Every year the population in place A decreases by 5%. at what year will the population of place A exceed the population in place B? (slow typer, sorry)
smart A S S ... I never thought of googling math questions.
Wouldn't you use the geometric formula? f(x)=P(1+r)^x
BA BOOM
Is the answer 18?
I admit I suck at math, but not that much.
Solve \[ 50000 (1+0.07)^t=70000 (1+.05)^t \] for t
O_O noooo, not you
I already did, and I got 3 as my answer for t.
oops
Actually after 4 years place A will be greater.
Did you miss out that it says A decreases? 1.05 is a growth rate (above 0.99) or I'm i just confused ?
am I *
idk abt u, but ik I found the answer to my problem.
._. something like this? >.> idk either
place B is decreasing by 7%. not increasing.
Not by 7, by 5, but it is DEcreasing.
I see where i might've gone wrong >.>
okay, that was a good brain exercise, and thx everyone!
-sigh- bo
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