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A grove of redwood tree has an estimated 3,400,000 board feet of lumber at the
start of 2022. If redwoods grow at an exponential rate of 9% each year, then what
would be the growth formula? Within which year will the grove reach one billion board
feet of lumber?

Respuesta :

The exponential growth formula is 3,400,000 x (1.09^t).

The year in which the grove would reach one billion board feet is  63.16 years.

What is the exponential growth formula?

The exponential growth formula usually has this form:

FV = P (1 + r)^n

  • FV = Future growth
  • P = Present growth
  • R = rate of growth
  • N = number of years

3,400,000 x (1.09^t).

The year in which the grove would reach one billion board feet  = (In 1,000,000,000 / 3,400,000) / 0.09 = 63.16 years

To learn more about exponential growth, please check: https://brainly.com/question/18760477

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