Respuesta :
Answer:
163.9 years; 44.7 years
Explanation:
The calculation of the number of years that the world reserves will last is shown below:
If there is a constant demand for coal, then the number of years the world reserve will last is:
19800 EJ/(120.8 EJ/year) = 163.9 years
If the demand for coal increases at the rate of 5.15%, then, the number of years the reserve will last is:
[tex]19800 EJ = 120.8 EJ/year[\frac{(1+0.0515)^{n}-1}{0.0515}][/tex]
Further simplification and rearrangement lead to:
[tex]\frac{19800*0.0515}{120.8} = (1.0515)^{n} - 1[/tex]
[tex]8.44 = 1.0515^{n} -1[/tex]
[tex]1.0515^{n} = 9.44[/tex]
Taking the logarithm of both sides, we have:
[tex]log (1.0515^{n}) = log (9.44)[/tex]
[tex]n log (1.0515) = 0.975[/tex]
n (0.02181) = 0.975
n = 0.975/0.02181 = 44.7 years