A town has the population 9000 people at year t=0. write a formula a. The population shrinks by 60 people per year b. the populcaiton shrinks by 8% per year c. The population shrinks at a continuous rate of 8% per year

Algebra & Trigonometry with Analytic Geometry
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ISBN:9781133382119
Author:Swokowski
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Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.4: Logarithmic Functions
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A town has the population 9000 people at year t=0. write a formula 

a. The population shrinks by 60 people per year

b. the populcaiton shrinks by 8% per year

c. The population shrinks at a continuous rate of 8% per year

 

Expert Solution
Step 1

A town has the population 9000 people at year t=0. write a formula 

let a=9000,

t=0,

Let t1 is the population of town after one year.

a. The population shrinks by 60 people per year.

We know that A.M. formula,

tn=a+(n-1)d

Where 'a' is initial value, here a=9000.

Population at first year t1=9000-60=8940

d is common difference, here d=-60.

Therefore

tn=t1 +(n-1)(-60).

tn=8940-60n+60

tn=9000-60n.

b. the population shrinks by 8% per year.

We know that

tn=P(1+r100)n

Where tn is the population at nth year.

r is rate of interest, here r=-8%,

P is initial population, Here P=9000,

Therefore

tn=9000(1-8100)n tn=9000(1-0.08)n tn=9000(0.92)n

c. The population shrinks at a continuous rate of 8% per year.

We know that

tn=Pert

Where A is population of town at nth year,

P is initial population, here P=9000.

and r is rate , here r=-8%=-0.08

n is time in year.

Therefore

tn=9000e-0.08t

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