Answer:
5842 people after 2 months
Step-by-step explanation:
Given
Initial Value: [tex]a =10000[/tex]
Rate: [tex]r = 20\%[/tex] every 6 months
Required
Number of people using it after 2 months
The function follows an exponential model.
So, we need to first write out the function.
If Rate: [tex]r = 20\%[/tex] every 6 months
Then
Rate: [tex]r = 40\%[/tex] after 1 year
[tex]r = 0.04[/tex]
The function is represented as:
[tex]y = ar^x[/tex]
So:
[tex]y = 10000 * 0.04^t[/tex]
For 2 months, we have:
[tex]t = 2\ months[/tex]
Convert to years
[tex]t = \frac{2}{12}[/tex]
[tex]t = 0.167[/tex]
[tex]y = 10000 * 0.04^t[/tex]
[tex]y = 10000 * 0.04^{0.167}[/tex]
[tex]y = 5842[/tex]