Between 2006 and 2016, the number of applications for patents, N. grew by about 4.5% per year. That is N 0.04SN a) Find the function that satisfies this equation. Assume that t0 comesponds to 2006, when approximately 448.000 patent applications were received b) Estimate the number of patent applications in 2021. c) Estimate the rate of change in the number of patent applications in 2021.
Between 2006 and 2016, the number of applications for patents, N. grew by about 4.5% per year. That is N 0.04SN a) Find the function that satisfies this equation. Assume that t0 comesponds to 2006, when approximately 448.000 patent applications were received b) Estimate the number of patent applications in 2021. c) Estimate the rate of change in the number of patent applications in 2021.
Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
Problem 7ECP: The kinetic energy E of an object varies jointly with the object’s mass m and the square of the...
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