Question: After 1960, the economic growth in Australia could be modelled with the exponential function shown below, where G(t) represent the GDP per capita in

After 1960, the economic growth in Australia could be modelled with the exponential function shown below,

After 1960, the economic growth in Australia could be modelled with the exponential function shown below, where G(t) represent the GDP per capita in dollars. G(t) = 1806 x (1.037), Where t is the number of years since 1960, and t 0. a. State the GDP in 1960. b. Find the GDP in 1964. c. Based on this model, find the year in which the GDP exceeds $100 000 for the first time.

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