document.write( "Question 1042662: Please help me to solve this question.\r
\n" ); document.write( "\n" ); document.write( "Question 1
\n" ); document.write( "Suppose a certain population grows according to the formula N = NoE^kt, where N is number of people (in millions) at time t (in years), No is the number of people (in millions) when an observation was first made, and k is a constant. Suppose the population increases from 2 million to 32 million in 80 years.\r
\n" ); document.write( "\n" ); document.write( "1.1 Use the given formula to determine the constant k (leave your answer in ln, if necessary).\r
\n" ); document.write( "\n" ); document.write( "1.2 Calculate the time in which the population will double.\r
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\n" ); document.write( "\n" ); document.write( "Question 2
\n" ); document.write( "Suppose that an amount of $5000 is invested for 3 years, and the interest is compounded monthly at an annual rate of 10%. Write down a formula, simplified as far as possible, to represent the amount that the investment will be worth after 3 years.\r
\n" ); document.write( "\n" ); document.write( "Do not calculate the answer.\r
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\n" ); document.write( "\n" ); document.write( "Thank for your help...
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Algebra.Com's Answer #657694 by josgarithmetic(39617)\"\" \"About 
You can put this solution on YOUR website!
Question 1 looks like exponential growth, but you might want instead of the unknown E base, to use a more typical e base, approximately or close to 2.71828 something. Write a better shown equation format \"N=N%5Bo%5De%5E%28kt%29\".\r
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\n" ); document.write( "\n" ); document.write( "Your given data is population goes from 2 million to 32 million in 80 years.
\n" ); document.write( "Question first asks, find k.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"ln%28N%29=ln%28N%5Bo%5D%29%2Bln%28e%5E%28kt%29%29\"
\n" ); document.write( "\"ln%28N%29=ln%28N%5Bo%5D%29%2Bkt%2Aln%28e%29\"
\n" ); document.write( "\"kt%2Bln%28N%5Bo%5D%29=ln%28N%29\"
\n" ); document.write( "\"highlight%28kt=ln%28N%29-ln%28N%5Bo%5D%29%29\" OR \"highlight%28kt=ln%28N%2FN%5Bo%5D%29%29\"
\n" ); document.write( "and you can use either of these to find a formula for k or for t.\r
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\n" ); document.write( "\n" ); document.write( "TO get the value of k in question 1, make these substitutions after solving the formula for k:
\n" ); document.write( "\"system%28N=32%2CN%5Bo%5D=2%2Ct=80%29\".
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