Problem

In the year 2000, the total output G of goods and services in the world was 45 trillion do...

In the year 2000, the total output G of goods and services in the world was 45 trillion dollars and was growing at a continuous annual rate of 4.6%.

a. Find a function G(t) that gives the total output of goods and services in the world as a function of t, the number of years after 2000.


b. According to your model, what will the total output of goods and services be in 2010?


c. According to your model, when will the total output of goods and services double?

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Solutions For Problems in Chapter 4.1