Question

A certain forest covers an area of 3200 km^2. Suppose that each year this area decreases by 3.5% what will the area be after 7 years?

Answers

  1. The forest area after 7 years will be 2493.

    What will the area be after 7 years?

    The forest area experiences a compound decline. This means that each year the forest area decreases exponentially.
    The formula that can be used to determine the area of the forest area after 7 years is:
    FV = P (1 – r)^n
    • FV = Future area
    • P = Present area
    • R = rate of decline
    • N = number of years
    3200 ( 1 – 0.035)^7
    3200 x 0.09650^7 = 2493
    To learn more about future value, please check: https://brainly.com/question/18760477
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