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y=120(1.1)^t and y=154(1.06)^t
Comparison: See solution.
Here, a is the initial basal area of the tree, r is the rate of growth, and t is time in years.
We see that the t-values have a common difference of 1, and that the A-values have a common ratio of 1.1.
The initial value of the basal area is 120 square inches, and the growth factor is 1.1. Using the exponential growth function form, we can write a function that represents the basal area of Tree A. y= a( 1+r)^t ⇒ y= 120( 1.1)^t
We know that the initial value of the basal area of Tree B is 154 square inches and the growth rate is 6 %, or 0.06. Using the exponential growth function form, we can write a function that represents the basal area of Tree B. y= a(1+r)^t ⇒ y= 154(1+0.06)^t Let's add the terms. y= 154( 1.06)^t
x | 154(1.06)^t | y=154(1.06)^t |
---|---|---|
0 | 154(1.06)^0 | 154 |
1 | 154(1.06)^1 | ≈ 163.2 |
2 | 154(1.06)^2 | ≈ 173.0 |
3 | 154(1.06)^3 | ≈ 183.4 |
4 | 154(1.06)^4 | ≈ 194.4 |
We now know the following.
Let's now plot and connect them with smooth curves.
We see that for the first 6 years Tree B has a greater basal area than Tree A. After about 7 years, Tree A has a greater basal area than Tree B. The basal area of Tree A grows faster.