6. The number of motor vehicles in the world is N, in millions, can be modeled by the equationN = 50(1.061)*, where x is the number of years since 1946. %3D a. What does the 50 represent in the equation? b. What is the growth rate as a percent? c. Using the equation, how many motor vehicles would there be by the year 2008?

Trigonometry (MindTap Course List)
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Author:Ron Larson
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Chapter5: Exponential And Logarithmic Functions
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6. The number of motor vehicles in the world is N, in millions, can be modeled by the equationN =
50(1.061)*, where x is the number of years since 1946.
а.
What does the 50 represent in the equation?
b. What is the growth rate as a percent?
c. Using the equation, how many motor vehicles would there be by the year 2008?
Transcribed Image Text:6. The number of motor vehicles in the world is N, in millions, can be modeled by the equationN = 50(1.061)*, where x is the number of years since 1946. а. What does the 50 represent in the equation? b. What is the growth rate as a percent? c. Using the equation, how many motor vehicles would there be by the year 2008?
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