Chapter 4: Problem 13
Solve the equation. \(\sqrt[3]{5}=5^{t}\)
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Chapter 4: Problem 13
Solve the equation. \(\sqrt[3]{5}=5^{t}\)
These are the key concepts you need to understand to accurately answer the question.
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a. The populations of two countries are given for January 1,2000 , and for January 1,2010 . Write a function of the form \(P(t)=P_{0} e^{k t}\) to model each population \(P(t)\) (in millions) \(t\) years after January 1, 2000.$$ \begin{array}{|l|c|c|c|} \hline & \begin{array}{c} \text { Population } \\ \text { in 2000 } \\ \text { (millions) } \end{array} & \begin{array}{c} \text { Population } \\ \text { in 2010 } \\ \text { (millions) } \end{array} & \boldsymbol{P}(t)=\boldsymbol{P}_{0} e^{k t} \\ \hline \text { Switzerland } & 7.3 & 7.8 & \\ \hline \text { Israel } & 6.7 & 7.7 & \\ \hline \end{array}$$ b. Use the models from part (a) to predict the population on January \(1,2020,\) for each country. Round to the nearest hundred thousand. c. Israel had fewer people than Switzerland in the year 2000 , yet from the result of part (b), Israel will have more people in the year \(2020 ?\) Why? d. Use the models from part (a) to predict the year during which each population will reach 10 million if this trend continues.
Find the difference quotient \(\frac{f(x+h)-f(x)}{h} .\) Write the answers in factored form. $$f(x)=e^{x}$$
A table of data is given. a. Graph the points and from visual inspection, select the model that would best fit the data. Choose from $$\begin{array}{ll} y=m x+b \text { (linear) } & y=a b^{x} \text { (exponential) } \\ y=a+b \ln x \text { (logarithmic) } & y=\frac{c}{1+a e^{-b x}} \text { (logistic) } \end{array}$$ b. Use a graphing utility to find a function that fits the data. $$ \begin{array}{|c|c|} \hline x & y \\ \hline 0 & 2.3 \\ \hline 4 & 3.6 \\ \hline 8 & 5.7 \\ \hline 12 & 9.1 \\ \hline 16 & 14 \\ \hline 20 & 22 \\ \hline \end{array} $$
After a new product is launched the cumulative sales \(S(t)\) (in \(\$ 1000) t\) weeks after launch is given by: $$S(t)=\frac{72}{1+9 e^{-0.36 t}}$$ a. Determine the cumulative amount in sales 3 weeks after launch. Round to the nearest thousand. b. Determine the amount of time required for the cumulative sales to reach \(\$ 70,000\). c. What is the limiting value in sales?
Use the model \(A=P e^{r t} .\) The variable \(A\) represents the future value of \(P\) dollars invested at an interest rate \(r\) compounded continuously for \(t\) years. If \(\$ 10,000\) is invested in an account earning \(5.5 \%\) interest compounded continuously, determine how long it will take the money to triple. Round to the nearest year.
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