Belmont is a growing industrial town. Every year, the level of CO2 emissions from the town increases by 10%. If the town produced 330,000 metric tons of CO2 this year, how much will be produced 6 years in the future?If necessary, round your answer to the nearest whole number.____ metric tons
Q. Belmont is a growing industrial town. Every year, the level of CO2 emissions from the town increases by 10%. If the town produced 330,000 metric tons of CO2 this year, how much will be produced 6 years in the future?If necessary, round your answer to the nearest whole number.____ metric tons
Identify initial CO2 emissions: Identify the initial amount of CO2 emissions and the rate of increase.The initial amount of CO2 emissions is 330,000 metric tons, and the rate of increase is 10% per year.
Determine growth formula: Determine the formula for exponential growth.The formula for exponential growth is P(t)=P0×(1+r)t, where P(t) is the amount after time t, P0 is the initial amount, r is the rate of increase, and t is the time in years.
Convert rate to decimal: Convert the rate of increase to a decimal. A 10% increase is the same as multiplying by 1.10, so r=0.10.
Substitute values into formula: Substitute the values into the exponential growth formula. P(t)=330,000×(1+0.10)6
Calculate CO2 emissions after 6 years: Calculate the amount of CO2 emissions after 6 years.P(6)=330,000×(1.10)6P(6)=330,000×(1.10×1.10×1.10×1.10×1.10×1.10)P(6)=330,000×(1.771561)P(6)=584,595.13
Round answer if necessary: Round the answer to the nearest whole number if necessary.The amount of CO2 emissions after 6 years is approximately 584,595 metric tons.
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