Since January 1, 1960, the population of Slim Chance has been described by the formula P=37000(0.93)^t, where P is the population of the city t years after the start of 1960. At what rate was the population changing on January 1, 1991?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
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Chapter5: Inverse, Exponential, And Logarithmic Functions
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Since January 1, 1960, the population of Slim Chance has been described by the formula P=37000(0.93)^t, where P is the population of the city t years after the start of 1960. At what rate was the population changing on January 1, 1991?

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