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Solve the Problem N=Iekt\mathrm { N } = \mathrm { Ie } \mathrm { kt }

Question 127

Multiple Choice

Solve the problem.
-In the formula N N=Iekt\mathrm { N } = \mathrm { Ie } \mathrm { kt } N is the number of items in terms of an initial population I at a given time t and k is a growth constant equal to the percent of growth per unit time. There are currently 65 million cars in a certain
Country, increasing by 1.7% annually. How many years will it take for this country to have 81 million cars?
Round to the nearest year.


A) 9 yr
B) 4 yr
C) 13 yr
D) 163 yr

Correct Answer:

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