SOLUTION: Use the formula N=Ie^kt, where "N" is the number of items in terms of the initial population "I", at time "t", and "k" is the growth constant equal to the percent of growth per uni

Algebra ->  Exponential-and-logarithmic-functions -> SOLUTION: Use the formula N=Ie^kt, where "N" is the number of items in terms of the initial population "I", at time "t", and "k" is the growth constant equal to the percent of growth per uni      Log On


   



Question 1132003: Use the formula N=Ie^kt, where "N" is the number of items in terms of the initial population "I", at time "t", and "k" is the growth constant equal to the percent of growth per unit of time. There are currently 67 million cars in a certain country, decreasing by 5.4% annually. How many years will it take for this country to have 52 million cars? Round to the nearest year.
Answer by josgarithmetic(39616) About Me  (Show Source):