Solve the Problem $p ( t ) = 6680 \mathrm { e } ^ { 0.004 t }$

question 11

Multiple Choice

Solve the problem.
-The growth in population of a city can be seen using the formula $p ( t ) = 6680 \mathrm { e } ^ { 0.004 t }$ , where $t$ is the number of years. According to this formula, in how many years will the population reach 10,020 ? Round to the nearest tenth of a year.

• A) \(50.7 \mathrm { yr }\)
• B) \(76.0 \mathrm { yr }\)
• C) \(202.7 \mathrm { yr }\)
• D) \(101.4 \mathrm { yr }\)

Understand the effective moments of acceptance and rejection in contract formation.

Recognize the formation of contracts based on mutual understanding of the offer.

Comprehend the role of communication method in offer acceptance.

Identify the implications of setting a period for offer acceptance.

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Definitions:

Trade Surplus

The difference between a nation's exports and imports when exports exceed imports.

Trade Deficit

A measure of international trade in which a country's imports exceed its exports.

Net Exports

A country's economic output's net impact from international trade, calculated as the difference between its total exports and total imports.

Net Exports

The value of a country's total exports minus its total imports, indicating whether a country is in a trade surplus or deficit.