San Francisco's population has been declining since the "dot com" bubble burst. In 2002 the population was 776,000. If the population is declining at a rate of 1.5% per year, in what year will the population be 600,000? (Let t = 0 correspond to 2002.) Apply the formula N=N0e-rt , where N represents the number of people.
San Francisco's population has been declining since the "dot com" bubble burst. In 2002 the population was 776,000. If the population is declining at a rate of 1.5% per year, in what year will the population be 600,000? (Let t = 0 correspond to 2002.) Apply the formula N=N0e-rt , where N represents the number of people.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.6: Exponential And Logarithmic Equations
Problem 14E
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Question
San Francisco's population has been
declining since the "dot com" bubble burst. In 2002 the
population was 776,000. If the population is declining at a
rate of 1.5% per year, in what year will the population be
600,000? (Let t = 0 correspond to 2002.) Apply the formula
N=N0e-rt
, where N represents the number of people.
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