Farmers are fighting a fungal growth that can cause crop failure. If 7,663 hectares of farmland are infected right now, and the infected area decreases by 10% every year, how much farmland will be infected in 10 years?
Farmers are fighting a fungal growth that can cause crop failure. If 7,663 hectares of farmland are infected right now, and the infected area decreases by 10% every year, how much farmland will be infected in 10 years?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Farmers are fighting a fungal growth that can
cause crop failure. If 7,663 hectares of farmland
are infected right now, and the infected area
decreases by 10% every year, how much
farmland will be infected in 10 years?
If necessary, round your answer to the nearest
tenth.
hectares
Expert Solution
Step 1
The gradual decrease may become a form of a progression or series. The successive terms of the series are a result of a common term or a common ratio in other words. The common ratio can either be a positive value or a negative value depending whether the series is increasing or decreasing.
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