Current greenhouse gas emissions are about 5 billion metric tons per year in the United States. If this amount were cut by 1% each year for 10 years compounded annually, what would be the final rate for greenhouse gas emissions?

Gillian Cooper

Gillian Cooper

Answered question

2022-09-27

Current greenhouse gas emissions are about 5 billion metric tons per year in the United States. If this amount were cut by 1% each year for 10 years compounded annually, what would be the final rate for greenhouse gas emissions?

Answer & Explanation

maceratorti

maceratorti

Beginner2022-09-28Added 10 answers

Given, compounded anually
Where,
P = 5 billion metric tons
r = -1 %
t = 10 years.
Therefore from A = p ( 1 + r 100 ) t gives
Emission after 10 years = 5 ( 1 + 1 100 ) 10
So Emission rate after 10 years will be 4.522 billion

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