It is projected that in the future, the population of a certain country in millions will be P(t)= 85e^.05t, where t is is time in years since 2022. Round all answers to the nearest whole number a. What is the projected population of the town in 2026 b. Find the simplified derivative function c. At what rate will the population be changing in 2026
It is projected that in the future, the population of a certain country in millions will be P(t)= 85e^.05t, where t is is time in years since 2022. Round all answers to the nearest whole number a. What is the projected population of the town in 2026 b. Find the simplified derivative function c. At what rate will the population be changing in 2026
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 1.4CE
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It is projected that in the future, the population of a certain country in millions will be
P(t)= 85e^.05t, where t is is time in years since 2022. Round all answers to the nearest whole number
a. What is the projected population of the town in 2026
b. Find the simplified derivative function
c. At what rate will the population be changing in 2026
d. In what year was the population increasing at a rate of 5 million people per year
e. When will the population reach 160 million
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