Problem: During 1980's, Country had highest deforestation rate @ 2.9%. Assuming rate continues what % of land in Country covered by forests in 1980 will be forested in 2015?
Just started Applied Calculus (course taught w/ TI 83) a few weeks ago; and math is not my strong suit.
First; looking at the problem how on earth do you decide which formula to use>
I'm thinking the P = Po e ^kt (because the rate "continue"); but for all I know I should use the P = Po A ^t.
If A = 1 +r; then A = 1 + .029; or A = 1.029.
So I have an amt to insert into A (or k):
If I go with the: P = Po A ^t; then
P = Po (1.029)^t [Note: If 1980 can be considered P(0); then I'm thinking that 2015 would be P(35).
P(35) = Po (1.029)^35
[take the 35 root of both sides]
P = Po (1.029)
.....now what?
If I go with the P = Po e kt
P = Po e (1.209^t)
P(35) = Po e (1.209^35)
[take the 35 root of both sides}
P = Po e (1.209)
....now what?
I feel pretty lost guys..any help would be greatly appreciated.
Just started Applied Calculus (course taught w/ TI 83) a few weeks ago; and math is not my strong suit.
First; looking at the problem how on earth do you decide which formula to use>
I'm thinking the P = Po e ^kt (because the rate "continue"); but for all I know I should use the P = Po A ^t.
If A = 1 +r; then A = 1 + .029; or A = 1.029.
So I have an amt to insert into A (or k):
If I go with the: P = Po A ^t; then
P = Po (1.029)^t [Note: If 1980 can be considered P(0); then I'm thinking that 2015 would be P(35).
P(35) = Po (1.029)^35
[take the 35 root of both sides]
P = Po (1.029)
.....now what?
If I go with the P = Po e kt
P = Po e (1.209^t)
P(35) = Po e (1.209^35)
[take the 35 root of both sides}
P = Po e (1.209)
....now what?
I feel pretty lost guys..any help would be greatly appreciated.