World production of copper, in millions of tons per year, from 1900 to 2000 is given by C = 0.5 x 1.033¹, where t is the time in years since 1900.+ (a) What production level (in millions of tons) does this model give for the year 2000? (Round your answer to two decimal places.) 1066.5 x million tons (b) If this model were extended to 2025, how could you use your knowledge of copper production in 2024 to estimate copper production in 2025? III PO IL

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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World production of copper, in millions of tons per year, from 1900 to 2000 is given by
C = 0.5 x 1.033¹,
where t is the time in years since 1900.+
(a) What production level (in millions of tons) does this model give for the year 2000? (Round your answer to two decimal places.)
1066.5
x million tons
(b) If this model were extended to 2025, how could you use your knowledge of copper production in 2024 to estimate copper production in 2025?
To estimate copper production in 2025 we would multiply copper production in 2024 by 1.06
X
Transcribed Image Text:World production of copper, in millions of tons per year, from 1900 to 2000 is given by C = 0.5 x 1.033¹, where t is the time in years since 1900.+ (a) What production level (in millions of tons) does this model give for the year 2000? (Round your answer to two decimal places.) 1066.5 x million tons (b) If this model were extended to 2025, how could you use your knowledge of copper production in 2024 to estimate copper production in 2025? To estimate copper production in 2025 we would multiply copper production in 2024 by 1.06 X
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