A car depreciates at \( 15 \% \) per year. After how many years will it be worth half of its original value? e) A bacterial culture starts with 1000 bacteria and triples after 5 hours. Find the doubling period and the amount of bacteria after 8 hours.
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To determine when a car, depreciating at a rate of 15% per year, will be worth half its original value, we can use the formula for exponential decay: \( V = V_0 (1 - r)^t \). Setting \( V \) to \( \frac{V_0}{2} \) and solving for \( t \), the time it takes to reach half its value can be approximated using logarithms. In about 4.8 years, the car will be worth half. For the bacterial culture, we know it starts with 1000 bacteria and triples every 5 hours. To find the doubling time, use the formula for exponential growth. Since it triples, the growth rate is about \( 0.5 \) to double, leading us to an estimated doubling time of roughly 3.3 hours. After 8 hours, the number of bacteria can be calculated as follows: 8 hours equals 1.6 doubling periods, resulting in approximately \( 1000 \times (2^{1.6}) \), or around 3200 bacteria.