3. The population of a town is decreasing at a rate of 6.2% per year. The city council believes they will have to close another elementary school when the population reaches 76 000. If there are currently 100 000 people living in the town, how long do they have before an elementary school will need to be closed?
3. The population of a town is decreasing at a rate of 6.2% per year. The city council believes they will have to close another elementary school when the population reaches 76 000. If there are currently 100 000 people living in the town, how long do they have before an elementary school will need to be closed?
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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Transcribed Image Text:3. The population of a town is decreasing at a rate of 6.2% per year. The city council believes they will have to
close another elementary school when the population reaches 76 000. If there are currently 100 000 people living
in the town, how long do they have before an elementary school will need to be closed?
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