The GDP of Chile was 145.8 billion dollars in 2007 and was

Chapter , Problem 4.5.43

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The GDP of Chile was 145.8 billion dollars in 2007 and was growing at a continuous rate of 5.1% per year.26 (a) Find a formula for , the GDP of Chile in billion dollars, as a function of , in years since 2007. (b) By what percent does the GDP increase each year? (c) Use your answer to part (b) to write a formula for as a function of using the form = (d) Graph your answers to part (a) and part (c) on the same axes. Explain what you see.

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