\(\mathrm{P(t) = 260(1.04)^{(6/4)t}}\) The function P models the population, in thousands, of a certain city t years after 2003. According...
GMAT Advanced Math : (Adv_Math) Questions
\(\mathrm{P(t) = 260(1.04)^{(6/4)t}}\)
The function P models the population, in thousands, of a certain city t years after 2003. According to the model, the population is predicted to increase by \(\mathrm{4\%}\) every n months. What is the value of n?
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1. TRANSLATE the problem information
- Given function: \(\mathrm{P(t) = 260(1.04)^{(6/4)t}}\) where t is years after 2003
- Population increases by 4% every n months
- Need to find: value of n
2. SIMPLIFY the exponent
- \(\mathrm{(6/4)t = (3/2)t = 1.5t}\)
- So the function becomes: \(\mathrm{P(t) = 260(1.04)^{1.5t}}\)
3. INFER the growth pattern
- In exponential functions, the base 1.04 means 4% growth occurs when the exponent increases by 1
- The exponent here is \(\mathrm{1.5t}\)
- So we need to find: when does 1.5t increase by 1?
4. SIMPLIFY to find the time interval
- For the exponent to increase by 1: \(\mathrm{1.5(t_2 - t_1) = 1}\)
- Solving: \(\mathrm{t_2 - t_1 = 1/1.5 = 2/3}\) years
- This means 4% growth occurs every 2/3 years
5. TRANSLATE years to months
- \(\mathrm{2/3\text{ years} \times 12\text{ months/year} = 8\text{ months}}\)
Answer: A. 8
Why Students Usually Falter on This Problem
Most Common Error Path:
Weak INFER reasoning: Students may incorrectly think that since the base is 1.04 (representing 4% growth), and there are 12 months in a year, the answer is 12 months. They miss the crucial step of analyzing when the exponent actually increases by 1.
This may lead them to select Choice B (12).
Second Most Common Error:
Incomplete SIMPLIFY execution: Students correctly identify that they need to find when the exponent increases by 1, but make algebraic errors when solving \(\mathrm{1.5(t_2 - t_1) = 1}\), possibly getting \(\mathrm{t_2 - t_1 = 1.5}\) instead of 2/3.
This leads to confusion about the time period and may cause them to guess among the remaining choices.
The Bottom Line:
This problem requires understanding that exponential growth rates are tied to unit changes in the exponent, not simply the presence of a growth factor in the base.
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