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6. The number of motor vehicles in the world is N, in millions, can be modeled by the equationN = 50(1.061)*, where x is the number of years since 1946. %3D a. What does the 50 represent in the equation? b. What is the growth rate as a percent? c. Using the equation, how many motor vehicles would there be by the year 2008?

6. The number of motor vehicles in the world is N, in millions, can be modeled by the equationN = 50(1.061)*, where x is the number of years since 1946. %3D a. What does the 50 represent in the equation? b. What is the growth rate as a percent? c. Using the equation, how many motor vehicles would there be by the year 2008?

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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6. The number of motor vehicles in the world is N, in millions, can be modeled by the equationN = 50(1.061)*, where x is the number of years since 1946. а. What does the 50 represent in the equation? b. What is the growth rate as a percent? c. Using the equation, how many motor vehicles would there be by the year 2008?
Transcribed Image Text:6. The number of motor vehicles in the world is N, in millions, can be modeled by the equationN = 50(1.061)*, where x is the number of years since 1946. а. What does the 50 represent in the equation? b. What is the growth rate as a percent? c. Using the equation, how many motor vehicles would there be by the year 2008?
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