Answer:
T will be a very large number, which indicates that it will take an incredibly long time (practically impossible) to reach 123,000 graduates based on this model. This is because logarithmic growth tends to slow down over time, making it difficult to reach extremely high values within a reasonable time frame.
Explanation:
Let's solve the problems step by step:
a) To find out how many college graduates there were in 2010, we can plug in T = 2010 - 1985 = 25 into the equation:
N = 46 * log(T + 3)
N = 46 * log(25 + 3)
N = 46 * log(28)
Now, calculate the value of N using the base-10 logarithm:
N ≈ 46 * 1.4472 (rounded to four decimal places)
N ≈ 66.4906
So, there were approximately 66,491 college graduates in 2010.
b) To find out how long it will take until there are 123,000 graduates, we can rearrange the equation and solve for T:
N = 46 * log(T + 3)
123,000 = 46 * log(T + 3)
Now, divide both sides by 46:
log(T + 3) = 123,000 / 46
log(T + 3) ≈ 2673.9130
Now, we need to get rid of the logarithm by taking the inverse logarithm (base 10) on both sides:
T + 3 ≈ 10^2673.9130
T + 3 ≈ a very large number (impractical to write out)
Now, subtract 3 from both sides to isolate T:
T ≈ a very large number - 3