World production of copper, in millions of tons per year, from 1900 to 2000 is given byC = 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.)1066.5x 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 1.06X

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Answered: World production of copper, in millions…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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In 2013, the moose population in a park was measured to be 5,600. By 2017, the population was measured again to be 9,700. If the population continues to change exponentially, find an equation for the moose population, P, as a function of t, the years since 2013. Round numbers to 3 decimal places as needed. What does your model from above predict the moose population to be in 2022?
(Depreciation). Table 2 gives the market value of a luxury sedan (in dollars) x years after its purchase. (Use 4 decimal places in all answers.) Table 2: Luxury Sedan's Value x Value ($) 1 23,125 2 19,050 3 15,625 4 11,875 5 9,450 6 7,125 A. What exponential equation, V(x) best fits the data, where x is the number of years after purchase and V(x) is value of the vehicle after x years?V(x) = B. What is r2?r2 = C. Use the equation to estimate the purchase price of the vehicle and the value of the vehicle after 10 years. (Round to the nearest cent.)The purchase price of the vehicle after 10 years will be $ .D. Use the equation to estimate how old a luxury sedan valued at $12,000 is. (Round to the nearest year.)The luxury sedan should be about years old.
1) In 2021, Jay purchases a car for $16,000. The value of the car depreciates (exponentially decreases) 5% each year. Part A: Complete the given table and graph to represent the situation. Be sure to show your calculations or explain how you got your y-values. y (years) (value of car) 1 2 3 4 Fof Years Part B: Part C: Write an equation to represent the situation. What is the value of the car in 2031? Equation: Valae of Cat
2. An antique computer valued at $6500 depreciates at the rate of 14% per year (b = 0.86). Equation: Circle one: Linear or Exponential 3. The population of flying squirrels in Madagascar started with 3 and the population doubles each year. Equation: Circle one: Linear or Exponential 4. Penny has a stamp collection of 550 stamps. Penny is feeling generous and gives away7 stamps every week. Circle one: Linear or Exponential Equation: 5. The phone company charges a flat rate of $25 per month. In addition they charge $0.05 for each min of service. Write a function to model the relationship between the number of minutes of service each month. 6. Jenny bought a 2016 Ford F-150 for $25,000 which depreciates at a rate of 4.3% per year (b = 0.957). Write a function to model the relationship between time and value of the car. 7. Brian used the equation y = 3x + 7 that represents the new cucumber plant that he bought for his yard, where x represents the weeks since the cucumber plant was planted…
The population of Denver is 620,000 people. It is currently growing at a rate of 2% per year (growth rate is 1.02). Part 1: Write an equation to model the population of Denver over time. Part 2: Is the base of your exponent more than or less than 1? Why is that? Part 3: What is the new population after 5 years?
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