Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help Between 2006 and 2016, the number of applications for patents, N, grew by about 3.5% per year. That is, N'(t) = 0.035N(t). Find

Please help

image text in transcribed
Between 2006 and 2016, the number of applications for patents, N, grew by about 3.5% per year. That is, N'(t) = 0.035N(t). Find the function that satisfies this equation. Assume that t= 0 corresponds to 2006, when approximately 463,000 patent applications were received Estimate the number of patent applications in 2021. Estimate the rate of change in the number of patent applications in 2021. a) N(t) = b) The number of patent applications in 2021 will be (Round to the nearest whole number as needed.) c) The rate of change in the number of patent applications in 2021 is about (Round to the nearest whole number as needed.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Precalculus Enhanced With Graphing Utilities

Authors: Michael Sullivan, Michael Sullivan III

7th Edition

0134268210, 9780134268217

More Books

Students also viewed these Mathematics questions

Question

Explain the importance of Human Resource Management

Answered: 1 week ago

Question

Discuss the scope of Human Resource Management

Answered: 1 week ago

Question

Discuss the different types of leadership

Answered: 1 week ago

Question

Write a note on Organisation manuals

Answered: 1 week ago

Question

1. To generate a discussion on the concept of roles

Answered: 1 week ago