Exponential & Logarithmic Functions Word Problem
Not what you're looking for?
NUMBER OF FARMS. The number N of farms in the United States has declined continually since 1950. In 1950 there were 5,647,800 farms, and in 1995 that number had decreased to 2,071,520. Assuming that the number of farms decreased according to the exponential model:
A). Find the value of k, and write an exponential function that describe the number of farms after time t, in years, where t is the number of years since 1950.
B). Estimate the number of farms in 2000, 2005, and 2010.
C). At this decay rate, in what year will only 100,000 farms remain?
Purchase this Solution
Solution Summary
Exponential functions are used to describe the decease in farms.
Solution Preview
Please see the attached file for the complete solution.
Thanks for using BrainMass.
Problem: NUMBER OF FARMS. The number N of farms in the United States has declined continually since 1950. In 1950 there were 5,647,800 farms, and in 1995 that number had decreased to 2,071,520. Assuming that the number of farms decreased according to the exponential model: ...
Purchase this Solution
Free BrainMass Quizzes
Know Your Linear Equations
Each question is a choice-summary multiple choice question that will present you with a linear equation and then make 4 statements about that equation. You must determine which of the 4 statements are true (if any) in regards to the equation.
Exponential Expressions
In this quiz, you will have a chance to practice basic terminology of exponential expressions and how to evaluate them.
Graphs and Functions
This quiz helps you easily identify a function and test your understanding of ranges, domains , function inverses and transformations.
Probability Quiz
Some questions on probability
Geometry - Real Life Application Problems
Understanding of how geometry applies to in real-world contexts