\(\mathrm{M = 1{,}800(1.02)^t}\) The equation above models the number of members, M, of a gym t years after the gym...
GMAT Advanced Math : (Adv_Math) Questions
\(\mathrm{M = 1{,}800(1.02)^t}\)
The equation above models the number of members, \(\mathrm{M}\), of a gym \(\mathrm{t}\) years after the gym opens. Of the following, which equation models the number of members of the gym \(\mathrm{q}\) quarter years after the gym opens?
\(\mathrm{M = 1,800(1.02)^{(q/4)}}\)
\(\mathrm{M = 1,800(1.02)^{4q}}\)
\(\mathrm{M = 1,800(1.005)^{4q}}\)
\(\mathrm{M = 1,800(1.082)^{q}}\)
1. TRANSLATE the problem information
- Given information:
- Original model: \(\mathrm{M = 1,800(1.02)^t}\) where \(\mathrm{t}\) = years
- Need: Model where time is measured in quarter years (q)
- What this tells us: We need to express the same exponential relationship using a different time unit.
2. INFER the time relationship
- Key insight: We must connect years (t) to quarter years (q)
- Since \(\mathrm{1\text{ year} = 4\text{ quarters}}\), then \(\mathrm{q\text{ quarters} = q/4\text{ years}}\)
- Therefore: \(\mathrm{t = q/4}\)
3. SIMPLIFY through substitution
- Substitute \(\mathrm{t = q/4}\) into the original equation:
\(\mathrm{M = 1,800(1.02)^t}\) becomes \(\mathrm{M = 1,800(1.02)^{(q/4)}}\)
- This matches answer choice A exactly.
Answer: A. \(\mathrm{M = 1,800(1.02)^{(q/4)}}\)
Why Students Usually Falter on This Problem
Most Common Error Path:
Weak INFER skill: Students struggle to establish the correct relationship between years and quarter years, often thinking that q quarters means 4q years instead of q/4 years.
They might reason: "If there are 4 quarters in a year, then q quarters must be 4q years," leading to \(\mathrm{t = 4q}\). This would give \(\mathrm{M = 1,800(1.02)^{(4q)}}\), which matches Choice B.
Second Most Common Error:
Conceptual confusion about time conversion: Students correctly identify that they need to convert quarter years but attempt to modify the growth rate instead of the time variable.
They think: "Since we're measuring in quarters, the growth rate per quarter must be different," and try to find a quarterly growth rate. This leads them toward Choice C or D where the base has been modified.
The Bottom Line:
This problem tests whether students understand that changing the time unit in an exponential model requires substituting the time relationship into the exponent, not modifying other parts of the equation.
\(\mathrm{M = 1,800(1.02)^{(q/4)}}\)
\(\mathrm{M = 1,800(1.02)^{4q}}\)
\(\mathrm{M = 1,800(1.005)^{4q}}\)
\(\mathrm{M = 1,800(1.082)^{q}}\)